About the property (MLS: 1279674):
Welcome Home to 29 Kilburn Avenue! Being built by Cardinal Construction Limited this inviting two-storey home perfectly balances style and comfort. The open-concept main floor offers a seamless flow from the cozy living room to the modern kitchen, perfect for entertaining and family gatherings. The top floor features 3 bedrooms including the primary which has a walk-in closet and ensuite. The undeveloped basement is insulated and roughed in for an additional bathroom. Situated on a larger lot, this property comes with a covered front veranda perfect for morning coffee or an evening breeze, double paved driveway, a 10x12 pressure treated patio, rear yard access and is FULL PLYWOOD built! The home is backed by a 10 year Atlantic New Home Warranty program and one year warranty with the builder. HST rebate to be assigned to the builder on closing. Property taxes are estimated. (id:56688)
Property Details
Listing ID: 27653604
Address: 29 Kilburn Avenue, Paradise, Newfoundland & Labrador, Canada A1L4L8
Status: Active
Last updated: 3 days ago ( Dec 8, 2024 )
Year Built: 2025
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 3
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Ceramic Tile
Living Area Total: 2,136 square feet
Price per sq ft: $206
Tax Annual Amount: $0
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Laminate, Ceramic Tile
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 14
Rurl
Coordinates: [47.533545, -52.880309]
Rooms
Second level | Ensuite Bath (# pieces 1-6) Primary Bedroom Bedroom Bedroom | 3pc 3pc 15x12 null 10x13 null 10x12 null |
Main level | Bath (# pieces 1-6) Kitchen Dining room Living room | 2pc 8x12 null 15.6x14 null 15.6x14 null |
Basic Calculator
First Mortgage: $351,920
Mortgage insurance premium: $0
Total Financing: $351,920
Rough closing fee (1.5%): ~ $6,599
Total downpayment with estimated closing fee: $94,579
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,350 | $28,200 |
Gross rental income (income/principal ratio) | 0.534% | 6.411% |
Mortgage | $0 | $0 |
Monthly Expenses | $550 | $6,600 |
Vacancy | $118 | $1,410 |
Management Fee | $188 | $2,256 |
Expense / Income Ratio | 23.40% | 23.40% |
Cash Flow | $1,495 | $17,940 |
Net Operating Income (NOI) | $1,495 | $17,940 |
Capitalization Rate | 0.34% | 4.08% |