191 Cumberland Crescent photo 11 / 25

MLS #1298067

191 Cumberland Crescent

St. John's

$199,900

3 Beds
1 Bath
1,683 sqft
Single Family
Source Listing

Property Details

Homeownership is closer than you think. Welcome to 191 Cumberland Cres, an incredible opportunity for first-time homebuyers to stop renting and start building equity for under $200,000. In today’s market, finding a three-bedroom home at this price point is becoming increasingly rare, making this property an ideal stepping stone into homeownership. This attached townhouse offers a functional and family-friendly layout with three bedrooms and a full bathroom on the upper level. The main floor features a bright living room, dining area, and kitchen, providing comfortable everyday living and plenty of potential to personalize and make your own over time. The undeveloped basement offers excellent storage space and houses the laundry area. One of the standout features of this property is the low condo fee, helping to keep monthly expenses affordable while taking care of common area maintenance, including shared green spaces and snow clearing for the parking area. Enjoy the benefits of homeownership without the worry of much exterior maintenance responsibilities. Residents enjoy convenient access to shopping, schools, recreation facilities, parks, public transit, and everyday amenities. The area is well connected to major routes throughout the city, making commuting simple while still offering a welcoming residential atmosphere. Whether you’re purchasing your very first home, looking to downsize into something manageable, or searching for an affordable property with room to grow, 191 Cumberland Cres. presents an exceptional opportunity to enter the real estate market and start building your future today. No conveyance of offers until 4pm on June 16th, with offers to remain open until 9pm the same day. (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$199,900
Down Payment - 5%$9,995
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$1,780

Mortgage Payment
$1,138
Property Tax
$142
Insurance
$150
Utilities
$350
Down Payment
$9,995
Loan Amount
$189,905
Total Interest
$151,495

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

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