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TelephoneEmail28 Kilburn Avenue, Paradise, Newfoundland & Labrador, Canada A1L4L8

28 Kilburn Avenue

Paradise, NL, A1L4L8

location

3 Beds | 3 Baths

$439,900

28 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: 1280144):

28 Kilburn Avenue has begun construction in Paradise by Blueprint Homes. This single family 2 storey home - 'The Exploits' - has plenty of space for everyone. The main floor consists of a large open concept area which includes a nice bright kitchen with a 9ft sit up island, a walk-in pantry, a single head mini split, living and dining areas plus a 2 piece powder room. The front entrance has light tiled flooring, a pocket door leading to the main floor and a coat closet. Up the stairs to the 2nd floor are 3 bedrooms where the primary bedroom has an ensuite with a linen closet and a large walk-in closet. There are 2 other bedrooms with closets, a full washroom and a very convenient laundry closet with shelving. (The basement will be roughed in for a future 1 bedroom apt or it can be a large rec room for added costs based on timing of construction). This is a popular and growing area of Paradise which is close to schools, shopping, the rec centre and the flat walking trail around Adam's Pond. Still time to pick colours, lighting, flooring etc... Generous allowances, beautiful finishes and trimwork complete this home. (id:56688)

Property Details
MLS: 1280144
Listing ID: 27707907
Address: 28 Kilburn Avenue, Paradise, Newfoundland & Labrador, Canada A1L4L8
Status: Active
Last updated: 25 days ago ( Feb 26, 2025 )
Year Built: 2024
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: 3
Baths: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Other, Mixed Flooring
Living Area Total: 2,201 square feet
Price per sq ft: $200
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, Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Other, Mixed Flooring
Exterior Features: Wood shingles, Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.533555, -52.880585]

Rooms

Second level
Bath (# pieces 1-6)
Ensuite
Bedroom
Bedroom
Primary Bedroom
9.4 x 5.4 null
7.1 x 7.8 null
10.4 x 10.10 null
10.4 x 9.8 null
13.7 x 11.8 null
Main level
Bath (# pieces 1-6)
Not known
Kitchen
Foyer
Living room
Dining room
3 x 7.4 null
7 x 5.2 null
21 x 9.9 null
5 x 5 null
13.4 x 12 null
17.8 x 10 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

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$2,422$29,064
Gross rental income (income/principal ratio)0.551%6.607%
Mortgage$0$0
Monthly Expenses$550$6,600
Vacancy$122$1,454
Management Fee$194$2,326
Expense / Income Ratio22.71%22.71%
Cash Flow$1,558$18,696
Net Operating Income (NOI)$1,558$18,696
Capitalization Rate0.35%4.25%
Capitalization Rate: 4.25%
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).): $628,429