63 Trenton Drive
Paradise, NL, A1L4B7
3 Beds | 3 Baths
$669,000
About the property (MLS: 1281562):
Paradise's newest subdivision, Emerald Ridge, is located in the ever-popular and sought-after Octagon Pond area and is within walking distance of schools, trails and amenities. Overlooking Octagon Pond, this contemporary two storey 3 bed, 2.5-bath family home has a great open concept main floor layout with an enclosed porch, main floor office at the front, main floor laundry and half bath, and family room in the centre, kitchen and dining spaces at the back to capitalize on the pond views, with access to the raised patio. The master bedroom is spacious with a large walk-in closet and full ensuite, two additional bedrooms and a full main bath. The basement will be wide open for a huge recroom, 4th bathroom, storage, multi-purpose room and 4th bedroom. The exterior will have a covered front deck, a double-paved driveway, and front landscaping. Generous Allowances for kitchen, cabinets, flooring and lighting, a single-head mini split heat pump, and an 8-year LUX New Home Warranty will be included. The purchase price includes HST with a rebate back to the builder. Ready for late summer 2025. (id:56688)
Property Details
Listing ID: 27886594
Address: 63 Trenton Drive, Paradise, Newfoundland & Labrador, Canada A1L4B7
Status: Active
Last updated: a month ago ( Feb 7, 2025 )
Year Built: 2025
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
Living Area Total: 2,990 square feet
Price per sq ft: $224
Tax Annual Amount: $0
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.524179, -52.888266]
Rooms
| Second level | Bedroom Bedroom Bath (# pieces 1-6) Ensuite Primary Bedroom | 12'7x10 null 11/3x10/7 null 3pc 3pc 14x13 null |
| Main level | Office Laundry room Bath (# pieces 1-6) Living room Dining room Kitchen | 9'1x13'6 null 7'3x6 null 2pc 14x13'6 null 15x14 null 17'6x14 null |
Basic Calculator
First Mortgage: $535,200
Mortgage insurance premium: $0
Total Financing: $535,200
Rough closing fee (1.5%): ~ $10,035
Total downpayment with estimated closing fee: $143,835
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,290 | $39,480 |
| Gross rental income (income/principal ratio) | 0.492% | 5.901% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $837 | $10,044 |
| Vacancy | $165 | $1,974 |
| Management Fee | $264 | $3,159 |
| Expense / Income Ratio | 25.44% | 25.44% |
| Cash Flow | $2,026 | $24,312 |
| Net Operating Income (NOI) | $2,026 | $24,312 |
| Capitalization Rate | 0.30% | 3.63% |
