Primary photo of 5 and 7 Brakes Lane, Meadows
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Two Apartment House For Sale

$799,000

MLS® Number: 1295693

Bedrooms

8

Bathrooms

4

Floor Area

4,400

Land Size

0

Year Built

2011

5 and 7 Brakes Lane, Meadows, Newfoundland & Labrador

About This Property

These properties started with a dream to bring additional housing to seniors or individuals with mobility challenges to the town of Meadows. Each building having amazing views of the the bay and mountains, these 1100 sq ft duplexes are looking for a new owner and operator. The first of two buildings was constructed in 2011 and then followed by the second in 2014. These 2 bedroom, 1 bath bungalows, are constructed with quality materials, long with the foresight to accommodate individuals whom might have mobility issues. They are open and bight and comfortable. The warmth of the radiant in-floor heating throughout the entire unit allows for a comfortable and efficient heating. Along with large, view capturing windows that allow for tuns of natural light throughout. Each unit has 2 bedrooms and a large bath, plus plenty of storage and wide hallways and doors. They are all currently happily rented and with more land to the side of the last building, one could easily expand another 3 duplexes in time. Truly a great opportunity for anyone looking to invest in the West Coast of Newfoundland!

Property Details

Interior Details

Appliances

Washer, Refrigerator, Dishwasher, Stove, Dryer

Bathrooms Partial

0

Bathrooms Total

4

Bedrooms Total

8

Flooring

Hardwood, Marble, Ceramic

Heating

Electric, Floor heat

Living Area

4400 sqft

Building & Exterior

Architectural Style

Bungalow

Exterior Features

Vinyl siding

Foundation Details

Concrete Slab

Year Built

2011

Land & Location

Lot Size Area

0.0

Lot Size Dimensions

0

Postal Code

A2H7G1

View

Ocean view

Listing & Financials

Listing Office

RE/MAX Realty Professionals Ltd. - Corner Brook

Originating System Name

Newfoundland & Labrador Association of REALTORS®

Other Specifications

Common Interest

Freehold

Country

Canada

Mortgage Calculator

20% ($159,800)
5.5%
25 Years

Estimated Monthly Payment

$3,925

Principal and interest only. Actual rates may vary.

Location & Map

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