2 Burkes Road photo 11 / 21

MLS #1297920

2 Burkes Road

Flowers Cove

$110,000

5 Beds
1 Bath
2,464 sqft
Two-Apartment Home
Source Listing

Property Details

Welcome to beautiful Flowers Cove on the Great Northern Peninsula! This spacious 5-bedroom, 1-bathroom home offers approximately 2,400 sq. ft. of living space and endless potential for families, investors, or anyone looking for extra room to grow. The lower level has great potential to be converted into an apartment or in-law suite, creating the perfect opportunity for rental income or multi-generational living. Ideally located close to the hospital, grocery store, and everyday amenities, this property also places you just minutes from scenic hiking trails and the breathtaking natural beauty Newfoundland is known for. Whether you’re looking for a family home, investment opportunity, or a property with space for extended family, this home offers flexibility, comfort, and value in a peaceful coastal community. Enjoy the charm of small-town living with ocean air, nearby outdoor adventures, and all the essentials conveniently close by. Don’t miss your chance to make this versatile property your own! (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$110,000
Down Payment - 5%$5,500
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$1,251

Mortgage Payment
$626
Property Tax
$125
Insurance
$150
Utilities
$350
Down Payment
$5,500
Loan Amount
$104,500
Total Interest
$83,364

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

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