1 / 25
Investment signal

$349,900

51 Chanterelle Drive

Save this home

Beds

3

Baths

3 full + 1 half

Sqft

Year

1995

Type

Single Family

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Conception Bay South. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Welcome to 51 Chanterelle Drive in beautiful Conception Bay South—an excellent opportunity for homeowners and investors alike! This well-maintained 2-apartment home offers both comfort and income potential in a highly sought-after area. The main unit features a bright and functional layout with 2 spacious bedrooms, a large rec room perfect for family living or entertaining, and a convenient half bath. Whether you need extra living space, a home office, or playroom, this level offers great flexibility. The recently modernized basement apartment is a standout, offering a stylish 1-bedroom, 1-bath layout—ideal for rental income, extended family, or helping offset your mortgage. Step outside to a fully fenced backyard featuring a 2-storey shed—perfect for storage, hobbies, or a workshop space. Backing onto a community area, this property offers added privacy along with beautiful ocean views, where you can relax and take in stunning sunsets right from your back patio. Conveniently located just 15 minutes from St. John’s and downtown, this home offers easy access to all major amenities while still enjoying the peaceful surroundings of CBS. As per the Seller’s Direction: No conveyance of any written signed offers prior to 3:00 PM on Monday, April 27th. All offers are to remain open until 8:00 PM the same day. Don’t miss your chance to own this versatile and well-located property—book your private viewing today! (id:65958)

Subtype
Single Family
Structure
Two Apartment House
Common interest
Freehold
Living area
2,120 square feet
Lot dimensions
70x98x98x30
On market
Apr 22, 2026
Status changed
Apr 26, 2026
Annual tax
$2,286
Zoning
RES
Photos
25
MLS#
1296464
Area
CONCEPTION_BAY_SOUTH

Features and systems

Appliances

WasherDishwasherDryer

Heating

Baseboard heatersElectric

Exterior

Vinyl siding

Flooring

HardwoodLaminateMarbleCeramic

View

Ocean view
Positive cash flow ~$184/mo at these assumptions

Cash on cash

3.15%

Cap rate

5.50%

GRM

12.1

Break-even rent

$2,206

Financing

Down payment$69,980
Loan amount$279,920
Mortgage$1,418/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$160
Insurance$80
Maintenance$292
CapEx reserve$146
Vacancy loss$120

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $1,418/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 26, 2026.

We use a single cookie to remember if you’ve dismissed this notice and a no-PII analytics ping. By using this site you consent. Privacy.