26 Kilburn Avenue
Paradise, NL, A1L4L8
4 Beds | 3 Baths
$502,000
About the property (MLS: 1279300):
26 Kilburn Avenue in Paradise will soon begin construction by Blueprint Homes. This spacious 2 apt home features 3 bedrooms on the main and a 1 bedroom ground level apartment. The main has a large open and bright foyer leading to the kitchen, living and dining areas. The kitchen features a large sit up island with storage plus a 10x12 patio just off the kitchen overlooking the yard. There is a single head mini split in the living room for added comfort. The primary bedroom has a walk-in closet plus an ensuite with a corner shower. 2 other bedrooms with closets, a linen closet, a coat closet and full guest washroom complete the main floor. Downstairs is the laundry closet, a rec room and in-house access to the large attached garage. The 1 bedroom ground level apt has a sweet kitchen, living and dining areas, a large full washroom, a laundry closet and a coat closet. This a growing area of Paradise that is close to the walking trail around Adam's Pond, shopping, schools, the rec centre and so much more. Fantastic finishes, trimwork, landscaping, paved driveway are all included. Still time to pick colours, cabinets, lighting and paint. Starting soon - will be ready in the Spring of 2025. (id:56688)
Property Details
Listing ID: 27614657
Address: 26 Kilburn Avenue, Paradise, Newfoundland & Labrador, Canada A1L4L8
Status: Active
Last updated: a month ago ( Nov 4, 2024 )
Year Built: 2024
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
View: View
Beds: 4
Baths: 3
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Carpeted, Mixed Flooring
Living Area Total: 2,187 square feet
Price per sq ft: $230
Tax Annual Amount: $0
Tax Year: 2024
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: Laminate, Carpeted, Mixed Flooring
Exterior Features: Wood shingles, Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.533511, -52.880499]
Rooms
| Lower level | Not known Not known Not known Not known Recreation room | 7.2x10 null 10.10x12 null 8.11x11.4 null 18.2x18.7 null 11x9.9 null |
| Main level | Living room Dining room Kitchen Bedroom Bedroom Primary Bedroom | 11.8x17.4 null 7.11x14.9 null 8.9x14.9 null 8.11x13 null 9x12 null 13x13 null |
Basic Calculator
First Mortgage: $401,600
Mortgage insurance premium: $0
Total Financing: $401,600
Rough closing fee (1.5%): ~ $7,530
Total downpayment with estimated closing fee: $107,930
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,406 | $28,872 |
| Gross rental income (income/principal ratio) | 0.479% | 5.751% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $628 | $7,536 |
| Vacancy | $121 | $1,444 |
| Management Fee | $193 | $2,310 |
| Expense / Income Ratio | 26.10% | 26.10% |
| Cash Flow | $1,466 | $17,592 |
| Net Operating Income (NOI) | $1,466 | $17,592 |
| Capitalization Rate | 0.29% | 3.50% |
