29 Country Road photo 11 / 43

MLS #1296548

29 Country Road

Corner Brook

$319,000

4 Beds
3 Baths
2,300 sqft
Two-Apartment Home
Source Listing

Property Details

This beautifully updated two-unit home at 29 Country Road offers outstanding flexibility for both homeowners and investors. Situated on a corner lot within walking distance of shopping, restaurants, MUN, CONA, and recreation, the property has seen extensive renovations, including a full update in 2011 and additional improvements in 2016. The driveway is located off Fairview, providing easy and convenient access. The main unit features a maple kitchen, an updated bathroom, hardwood and ceramic flooring, and crown mouldings throughout. The spacious living and dining area creates a warm, inviting atmosphere and opens onto a large private deck with storage underneath. The primary bedroom includes a walk-in closet, while the second bedroom is generously sized. A well-appointed three-piece bathroom completes the main level. The main unit also extends into the basement, where you’ll find the third bedroom, a two-piece bathroom, a laundry room, and a comfortable family area currently used as an office and play space. This unit is supported by a robust 200-amp electrical service. The lower level contains a bright one-bedroom apartment with an updated bathroom and its own laundry area, serviced by a 100-amp panel. This apartment was refreshed in 2016 and offers an excellent opportunity for rental income or extended family living. Major upgrades include modernized electrical in 2011, PEX plumbing throughout, new siding with fibreglass insulation, and updated shingles installed in 2011. With its central location and thoughtful improvements, this property offers exceptional value. Two-unit homes in this area are in high demand and rarely stay on the market long. (id:66441)

Cost To Own

Down payment and monthly ownership estimate

Start with the listing price, then adjust the financing and monthly carrying costs for a practical estimate.

Purchase Price$319,000
Down Payment - 5%$15,950
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$2,542

Mortgage Payment
$1,816
Property Tax
$226
Insurance
$150
Utilities
$350
Down Payment
$15,950
Loan Amount
$303,050
Total Interest
$241,756

Estimate only. Final payments depend on lender approval, taxes, insurance, closing costs, and mortgage insurance when applicable.

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