
About the property (MLS: 1279256):
Hann Construction Ltd presents this modern 2-apartment duplex in Jonathan Park, Paradise. Spanning 2,475 sq ft over three levels, the main unit features 3 bedrooms, 2.5 baths, and a versatile bonus room. Designed for comfort and style, the open-concept layout offers a spacious living and dining area, a modern kitchen with a pantry and island seating, and a mini-split heat pump for year-round efficiency. The primary suite includes an ensuite and walk-in closet, with laundry conveniently on the same floor. The entry-level consists of a self-contained 1-bedroom apartment, perfect for rental income or family, with an open layout, modern kitchen, bath, laundry, and storage. This home sits on a fully landscaped lot with a sleek, contemporary exterior. Buyers can customize finishes to their taste. Backed by a 10-year Atlantic Home Warranty. Please note mood boards and renderings shown in the listing photos are for visual purposes only. Final finishes and selections may vary. HST is included in the list price to be rebated to the vendor on closing. Measurements are taken from the building plans, to be verified by the buyer(s). (id:56688)
Property Details
Listing ID: 27612211
Address: 22 Carol Crescent, Paradise, Newfoundland & Labrador, Canada A1L4K1
Status: Active
Last updated: 2 days ago ( Mar 13, 2025 )
Year Built: 2024
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 4
Baths: 4
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,475 square feet
Price per sq ft: $194
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.551389, -52.886632]
Rooms
Main level | Laundry room Bath (# pieces 1-6) Not known Storage Not known Not known Storage Porch | TBD 8.10 x 5.2 null 10.3 x 10.6 null 5.0 x 6.6 null 11.4 x 13.0 null 11.4 x 12.10 null 8.11 6.11 null 6.1 x 12 null |
Second level | Not known Bath (# pieces 1-6) Not known Kitchen Dining room Living room | 7.9 x 7.6 null 5.10 x 5.0 null 5.1 x 5.8 null 14.8 x 15 null 16.3 x 9.8 null 12.0 x 14.6 null |
Third level | Primary Bedroom Bedroom Bedroom Bath (# pieces 1-6) Laundry room Ensuite | 12.8 x 14.6 null 7.1 x 10.8 null 9.9 x 11.1 null 7.1 x 10.8 null tbd null 7.1 x 7.0 null |
Basic Calculator
First Mortgage: $383,920
Mortgage insurance premium: $0
Total Financing: $383,920
Rough closing fee (1.5%): ~ $7,199
Total downpayment with estimated closing fee: $103,179
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,723 | $32,676 |
Gross rental income (income/principal ratio) | 0.567% | 6.809% |
Mortgage | $0 | $0 |
Monthly Expenses | $600 | $7,200 |
Vacancy | $137 | $1,634 |
Management Fee | $218 | $2,615 |
Expense / Income Ratio | 22.03% | 22.03% |
Cash Flow | $1,770 | $21,240 |
Net Operating Income (NOI) | $1,770 | $21,240 |
Capitalization Rate | 0.37% | 4.43% |