293 Buckingham Drive
Paradise, NL, A1L2G3
5 Beds | 6 Baths
$2,499,999
About the property (MLS: 1278055):
EXECUTIVE ESTATE STYLE PROPERTY! Stunning, executive 2-storey family home conveniently located in Paradise, with water frontage and private wharf on Topsail Pond! Sitting on a private, gated lot with no expense spared, this home is sure to impress the most discerning buyer featuring stained glass elements, heat pumps, in-floor heating, intricate ceiling detailing, and multiple fireplaces, just to name a few. Enter through the striking foyer, leading into the open concept style great room consisting of the kitchen, dining room, family room and breakfast nook all with floor to ceiling windows flooding the space with natural light and capitalizing on the pond views. Classic gourmet kitchen has stainless steel appliances, solid surface countertops, massive sit up island and pantry. Continuing on the main floor is the sitting room, laundry, powder room and attached garage. The equally as impressive upper level boasts a gracious primary suite, three additional bedrooms (two with ensuites), office and main bathroom. The primary bedroom is a true retreat featuring large spa inspired ensuite, and considerable walk in closet with island. The full developed basement is just as remarkable with substantial rec room complete with sit up bar area, fifth bedroom, full bathroom and tons of storage space. Situated on a mature, private, nearly 1 acre lot, this home is complete with detached garage, plenty of parking space, large patio and wharf. A must see!!! (id:56688)
Property Details
Listing ID: 27486980
Address: 293 Buckingham Drive, Paradise, Newfoundland & Labrador, Canada A1L2G3
Status: Active
Last updated: 3 days ago ( Oct 1, 2024 )
Year Built: 2012
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
View: View
Number of stories: 2
Number of Levels: 2
Beds: 5
Baths: 6
1/2 Baths: 1
Heating: Heat Pump
Sewer: Municipal sewage system
Flooring: Laminate, Ceramic Tile, Mixed Flooring
Living Area Total: 8,704 square feet
Price per sq ft: $288
Tax Annual Amount: $13,175
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Foundation Details: Concrete
Heating: Heat Pump
Flooring: Laminate, Ceramic Tile, Mixed Flooring
Exterior Features: Stone, Other
Cooling: Central air conditioning
Common Interest: Freehold
Number of photos available: 47
Rurl
Coordinates: [47.518381, -52.904092]
Rooms
| Basement | Storage Bath (# pieces 1-6) Storage Bedroom Recreation room | 11.5x22.0 null 11.5x6.3 3PC null 13.10x15.5 null 15.1x13.0 null 56.5x41.3 null |
| Second level | Bath (# pieces 1-6) Office Bedroom Ensuite Bedroom Ensuite Bedroom Storage Ensuite Primary Bedroom | 16.5x14.4 5PC null 17.0x12.11 null 17.9x19.4 null 6.1x9.1 4PC null 16.9x13.9 null 6.1x9.1 4PC null 20.3x14.0 null 20.0x21.3 WIC null 12.10x6.7 4PC null 19.5x21.11 null |
| Main level | Not known Bath (# pieces 1-6) Laundry room Dining room Dining nook Family room Kitchen Storage Not known Living room | 28.1x26.4 null 11.5x6.7 2PC null 11.5x8.4 null 17.4x22.2 null 17.0x15.5 null 22.7x37.4 null 20.10x9.9 null 6.0x10.11 null 12.7x14.4 Cloak null 15.10x18.8 null |
Basic Calculator
First Mortgage: $2,000,000
Mortgage insurance premium: $0
Total Financing: $2,000,000
Rough closing fee (1.5%): ~ $37,500
Total downpayment with estimated closing fee: $537,500
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $9,575 | $114,900 |
| Gross rental income (income/principal ratio) | 0.383% | 4.596% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $3,125 | $37,500 |
| Vacancy | $479 | $5,745 |
| Management Fee | $766 | $9,192 |
| Expense / Income Ratio | 32.64% | 32.64% |
| Cash Flow | $5,206 | $62,472 |
| Net Operating Income (NOI) | $5,206 | $62,472 |
| Capitalization Rate | 0.21% | 2.50% |
