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Driven by a robust economy and strong consumer confidence levels, solid momentum in St. John's residential housing market carried forward in 2010. Home sales climbed 37 per cent to 203 units in January, an increase of more than 50 units from one year ago, while values topped $248,000, a substantial 23 per cent upswing over the 2009 figure. Active listings, while up by approximately five per cent overall to 999, continue to fall short of demand.Entry-level product, priced from $150,000 – $250,000, is especially tight. First-time buyers represent the largest and most active segment of the market, followed by move-up purchasers. Sales in the top end have also been brisk, given tight inventory levels at the $500,000-plus price point.
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Typically, lenders require mortgage loan insurance for loans made to anyone that wishes to purchase a home with less than 20% of the purchase price. The Canadian Bank Act prohibits most federally regulated lending institutions from providing mortgages without mortgage loan insurance for amounts that exceed 80% of the value of the home or purchases with less than 20% down payment. Through your lender, CMHC Mortgage Loan Insurance enables you to finance up to 95% of the purchase price of a home.
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Located right in the downtown district in highly sought after Gower Street, this beautiful 4 bedroom home has been completely renovated in the past 12 years. Lovely oak kitchen with center island., hardwoods on main floor, large rear porch with access to your very own private rear patio. Second floor offers a family room with hardwoods, 1/2 bath and master bedroom plus 3 bedrooms on upper level. Nothing to do but move into this cozy exceptionally well cared for home! Contact me to view!
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Re/Max invites you to join the event that brings hundreds of neighbourhoods together for a massive one day yard sale in support of *** cancer. Saturday, May 30, 2009. The sale will be held on the parking lot of the Re/Max building 862-866 Topsail Road - on the corner of Topsail Road and Blackmarsh Road. See how you can make a difference - contact me for information at 685-3882 or email janice@janicegrandy.com.
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Centennial Square, Mount Pearl - The single story at 248 Park Avenue has been sold. Property information
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• 900 sq. ft., 1 bath, 3 bdrm single story
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$179,900
Dogberry Hill Road, Portugal Cove-St. Philip's
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Nestled amongst the trees and located on Approximately 2 acres of land, this cozy 3 bedroom offers privacy plus quiet country setting and convenient city location. This older bungalow has been maintained over the years. 5 minutes drive to the Avalon Mall. Huge potential awaits this lovely property. You can live in the existing home and/or build your dream home. For details contact listings agent.
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Opportunity of a Lifetime!
• single story
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$229,900
Church Street, Grand Bank
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Opportunity of a lifetime! Truely the perfect opportunity to own a very successful, fully equipped business in the heart of Grand Bank. Property includes approximately 2800 sq. feet building, which consists of takeout service plus a 65 seating dining area along with home delivery. This successfully established restaurant has been serving the community and surrounding areas for over 20 years. Owners are re-locating out of the province. For details and particulars on this business contact listing agent.
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Location, Location, Location!
• 2,400 sq. ft., 1 bath, 3 bdrm single story
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$229,900
Kenmount Terrace, North End
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Location location location! Wow what a view of the city from this 3 bedroom bungalow located on a 1/2 acre lot boarding Pippy Park golf course. 2 garages, mature trees. If you are looking for space within the city and walking distance to Marine Institute, MUN or Confederation Building, this may be the place for you. Call to view today.
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• 3,584 sq. ft., 3 bath, 3 bdrm single story
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$289,900
Goulds, St. John's
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Lovely and spacious two story home located on a quiet street in the Goulds. Beautiful open concept kitchen , center island, family room with propane fireplace, formal living room and dining room. Main floor 1/2 bath. Spacious bedroom with large masterbedroom, full ensuite plus walk in closet. Upper floor also has a reading area at top of landing. Lots of trees and shrubs and and flower gardens surroud this lovely family home. Call to view today.
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Absolutely Gorgeous!
• 3,000 sq. ft., 3 bath, 4 bdrm 2 story
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MLS®
$379,900
- Reduced!
Topsail, Conception Bay South
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An absolute gorgeous 2 storey located on an oversized lot with a magnificent view of Conception Bay.The home offers a super nice kitchen with lots of cabinets & a center island.Family room off kitchen which boasts a million dollar view of the bay,full bath on the main floor,den & a formal living room on the main floor.Upper level offers a huge master bedroom with a walk-in closet & a gorgeous ensuite,laundry & 2 nice sized bedrooms.Hardwoods,heated ceramics plus 7 zone electric hot water radiation.The perfect wrap around deck which captivates the fabulous view!4th bedroom or office on the lower level with plenty of room for future development.Quiet cul de sac neighbourhood,close to schools & amenities,loads of parking with 2 separate drioveways!Call to view today.
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Executive Waterfront Property
• 1,800 sq. ft., 1 bath, 3 bdrm single story
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$399,900
Norris Arm, Rural Eastern Newfoundland
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Executive waterfront property located on the internationally well known Exploits Salmon River. This breathtaking cottage offers year round living. Ideal for the outdoor enthusiast whether you are an avid salmon fisherperson or want to enjoy the groomed trails during the winter or hiking in the summer. This property boasts 3 bedrooms with huge master with lounge area, plus walk-in closet, exceptionally nice bathroom with claw foot tub, super shower system, beautiful kitchen, skylights, pined throughout. The exterior property boasts 20 x 30 detached insulated and pined garage, 12 x 16 garage, large private gazebo covered hot tub, reading room located right at the rivers edge to captivate the peace and tranquility of the river, slipway boat launch, large deck overlooking river, paved driveway, large deck overlooking the river, patio stoned walkways. All furnishings are included except for the owner's personal effects. Contact Troy for further details.
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Beautiful and Spotless!
• 2,050 sq. ft., 2 bath, 3 bdrm single story
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$214,900
Red Bridge Road, Kelligrew's
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Beautiful and spotless three bedroom split entry home located on a large lot. Hardwoods on main, open concept design, lovely kitchen with center island and plus eating area which leads to patio deck and fenced rear garden.Lower level offers a spacious family room, 1/2 bath, den, large mudroom plus plenty of room for a future bedroom. Pride of ownership is evident throughout. Call to view today.
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Well Cared For Home!
• 1,340 sq. ft., 2 bath, 2 bdrm other
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$214,900
Topsail Pond, Paradise
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Beautiful 2nd floor unit overlooking Neil's Pond from covered deck off livingroom. Open concept design. Well planned kitchen with extra storage cabinets - cozy eating area separate. hardwood floors. Bathroom has large soaker tub and separate shower. Familyroom with 1/2 bath and storage on lower level. Extremley well cared for.
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Shows like new!
• 1,764 sq. ft., 1 bath, 2 bdrm single story
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SALE PENDING
$199,900
Mundy Pond, West End
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Beautiful - shows like new open concept split entry semi-detached bungalow. Lovely kitchen with patio off kitchen. Vaulted ceilings, spacious master bedroom. Quality built. Backs on an open space and Mundy Pond walking trails. Basement is ready for future development.
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