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TelephoneEmail27 Quantum Drive, Paradise, Newfoundland & Labrador, Canada A1L0V6

27 Quantum Drive

Paradise, NL, A1L0V6

location

3 Beds | 3 Baths

$469,900

27 Quantum Drive Paradise Newfoundland & Labrador Canada A1L0V6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
27 Quantum Drive Paradise Newfoundland & Labrador Canada A1L0V6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
27 Quantum Drive Paradise Newfoundland & Labrador Canada A1L0V6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
27 Quantum Drive Paradise Newfoundland & Labrador Canada A1L0V6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
27 Quantum Drive Paradise Newfoundland & Labrador Canada A1L0V6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
27 Quantum Drive Paradise Newfoundland & Labrador Canada A1L0V6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
27 Quantum Drive Paradise Newfoundland & Labrador Canada A1L0V6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
27 Quantum Drive Paradise Newfoundland & Labrador Canada A1L0V6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
27 Quantum Drive Paradise Newfoundland & Labrador Canada A1L0V6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
27 Quantum Drive Paradise Newfoundland & Labrador Canada A1L0V6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
27 Quantum Drive Paradise Newfoundland & Labrador Canada A1L0V6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
27 Quantum Drive Paradise Newfoundland & Labrador Canada A1L0V6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
27 Quantum Drive Paradise Newfoundland & Labrador Canada A1L0V6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
27 Quantum Drive Paradise Newfoundland & Labrador Canada A1L0V6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
27 Quantum Drive Paradise Newfoundland & Labrador Canada A1L0V6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
27 Quantum Drive Paradise Newfoundland & Labrador Canada A1L0V6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
27 Quantum Drive Paradise Newfoundland & Labrador Canada A1L0V6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
27 Quantum Drive Paradise Newfoundland & Labrador Canada A1L0V6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
27 Quantum Drive Paradise Newfoundland & Labrador Canada A1L0V6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1270004):

This modern and sweet 2 apartment home is being built by Blueprint Homes in Paradise and features 2 spacious bedrooms on the main and 2 full washrooms (one is the ensuite in the master bedroom), a nice bright kitchen with an 8ft island, living and dining areas along with an in-house garage and 10x12 patio on the back. The bright ground level apartment has 1 bedroom with a closet, a full washroom, a laundry closet, a coat closet and a a spacious kitchen with open concept dining and living areas. This is a fabulous neighborhood with many amenities close by - shopping, the walking trail around Adam's Pond, schools and the rec. centre plus a playground across the street. With generous allowances, R-50 insulation and beautiful trimwork - this home is perfect for anyone looking for a place to call home with an added bonus of an income generating apartment. This home will be ready late Fall 2024. (id:56688)

Property Details
MLS: 1270004
Listing ID: 26776401
Address: 27 Quantum Drive, Paradise, Newfoundland & Labrador, Canada A1L0V6
Status: Active
Last updated: a day ago ( Nov 5, 2024 )
Year Built: 2024
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 3
Baths: 3
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Other
Living Area Total: 1,999 square feet
Price per sq ft: $236
Tax Annual Amount: $0
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Other
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 19
Rurl
Coordinates: [47.539971, -52.890536]

Rooms

Lower level
Not known
Bath (# pieces 1-6)
Bedroom
Living room
Dining nook
Not known
12x17.8 null
6.9x8.8 null
10.8x11.5 null
13.3x11.9 null
6.1x10.3 null
11.4x10.3 null
Main level
Bath (# pieces 1-6)
Ensuite
Bedroom
Primary Bedroom
Living room
Dining room
Kitchen
5.1x7.10 null
5.5x9.5 null
13.5x9.2 null
12.2x13 null
11.4x16.8 null
11.8x8 null
11.8x11.11 null

Basic Calculator



First Mortgage: $375,920

Mortgage insurance premium: $0

Total Financing: $375,920

Rough closing fee (1.5%): ~ $7,049

Total downpayment with estimated closing fee: $101,029

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$2,199$26,388
Gross rental income (income/principal ratio)0.468%5.616%
Mortgage$0$0
Monthly Expenses$588$7,056
Vacancy$110$1,320
Management Fee$176$2,112
Expense / Income Ratio26.74%26.74%
Cash Flow$1,326$15,912
Net Operating Income (NOI)$1,326$15,912
Capitalization Rate0.28%3.39%
Capitalization Rate: 3.39%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $671,286