1 Mayor Avenue photo 11 / 22

MLS #1298356

1 Mayor Avenue

Bishop's Falls

$299,900

3 Beds
1 Bath
1,556 sqft
Single Family
Source Listing

Property Details

This beautifully maintained 3-bedroom, 1-bath bungalow offers the convenience of one-level living and is an excellent option for first-time buyers, growing families, or anyone looking to downsize and enjoy a more accessible lifestyle. Mostly renovated since 2022, this move-in-ready home combines comfort, functionality, and future potential. Step inside to a spacious living room featuring a cozy fireplace, a functional kitchen with a walk-in pantry, three large bedrooms, and plenty of closet space throughout. Recent upgrades include PEX plumbing and a 200-amp electrical panel. Enjoy comfort year-round with three sources of heat: energy-efficient mini-split heat pumps, electric baseboard heaters, and a wood stove located in the basement, providing warmth and peace of mind during the colder months. The basement also features a half bath already in place and offers excellent potential for future development, allowing new owners to customize the space to suit their needs. Outside, you'll find a huge fenced backyard perfect for children, pets, and entertaining. Relax in the hot tub or take advantage of the impressive 20x30 detached garage. Multiple parking spaces provide plenty of room for vehicles, trailers, and guests. Conveniently located close to the grocery store, elementary school, and other amenities, this property offers the perfect combination of comfort, convenience, and value. (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$299,900
Down Payment - 5%$14,995
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$2,419

Mortgage Payment
$1,707
Property Tax
$212
Insurance
$150
Utilities
$350
Down Payment
$14,995
Loan Amount
$284,905
Total Interest
$227,281

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

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