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TelephoneEmail27 Kilburn Avenue, Paradise, Newfoundland & Labrador, Canada A1L4L8

27 Kilburn Avenue

Paradise, NL, A1L4L8

location

3 Beds | 3 Baths

$446,900

27 Kilburn Avenue Paradise Newfoundland & Labrador Canada A1L4L8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
27 Kilburn Avenue Paradise Newfoundland & Labrador Canada A1L4L8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
27 Kilburn Avenue Paradise Newfoundland & Labrador Canada A1L4L8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1280099):

Welcome to this stunning 2-storey home, perfectly situated on a spacious corner lot in Paradise. Offering both style and functionality, this property is designed for comfortable family living. The main floor boasts a beautifully appointed kitchen with walk in pantry, a large island for meal prep and entertaining, and convenient main-floor laundry. Upstairs you'll find three generously sized bedrooms, including the primary which features an ensuite and walk-in closet. The basement is undeveloped, fully insulated and roughed-in for an additional bathroom it also has a covered stairwell to improve the functionality of the home. This property comes with a 10x12 pressure treated patio, offers rear yard access and double paved driveway. This home is also FULL PLYWOOD built and backed by a 10 year Atlantic Home Warranty Program and one year warranty with the builder. HST rebate to be assigned to the builder on closing. Property taxes are estimates. (id:56688)

Property Details
MLS: 1280099
Listing ID: 27707829
Address: 27 Kilburn Avenue, Paradise, Newfoundland & Labrador, Canada A1L4L8
Status: Active
Last updated: 8 days ago ( Jan 7, 2025 )
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: 2,271 square feet
Price per sq ft: $197
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: 3
Rurl
Coordinates: [47.533632, -52.880298]

Rooms

Second level
Ensuite
Bath (# pieces 1-6)
Bedroom
Bedroom
Primary Bedroom
3pc
3pc
11x11 null
12.6x10 null
15x12.6 null
Main level
Bath (# pieces 1-6)
Foyer
Mud room
Not known
Kitchen
Living room/Dining room
2pc
9x5.6 null
9x6.6 null
4.6x9.6 null
9x15 null
22x15 null

Basic Calculator



First Mortgage: $357,520

Mortgage insurance premium: $0

Total Financing: $357,520

Rough closing fee (1.5%): ~ $6,704

Total downpayment with estimated closing fee: $96,084

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$2,499$29,988
Gross rental income (income/principal ratio)0.559%6.710%
Mortgage$0$0
Monthly Expenses$559$6,708
Vacancy$125$1,500
Management Fee$200$2,400
Expense / Income Ratio22.37%22.37%
Cash Flow$1,616$19,392
Net Operating Income (NOI)$1,616$19,392
Capitalization Rate0.36%4.34%
Capitalization Rate: 4.34%
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).): $638,429