1 Kestrel Drive Unit#104
Paradise, NL, A1L2T9
2 Beds | 2 Baths
$300,000
About the property (MLS: 1281802):
Pristine and shows as nice as new! Welcome to this beautiful adult living condominium unit 104 at Kestrel Suites in Paradise!! This lovely condo offers ground level access, amazing open concept design with lots of natural light, offers two bedrooms that has an amazing spacious primary bedroom with ensuite and spacious closet along with a 2nd bedroom and full main bath. There is an in unit laundry that can occupy a small freezer or additional storage. The outside space offers a patio plus parking for 1 vehicle along with guest parking. Kestrel Suites are conveniently located within walking distance to coffee shops, restaurants, grocery stores and amazing walking trails on the Grand Concourse which leads to Nevilles Pond and Neils Pond. You will certainly be impressed with this lovely home!! Sellers Directive : No conveyance of any written signed offers prior to 4 PM on February 20, 2025 at 4 PM. All offers to remain open for acceptance until 8 PM on February 20th, 2025 (id:56688)
Property Details
Listing ID: 27921414
Address: 1 Kestrel Drive Unit#104, Paradise, Newfoundland & Labrador, Canada A1L2T9
Status: Active
Last updated: a month ago ( Feb 17, 2025 )
Year Built: 2015
Property Type: Single Family
Ownership Type: Condominium
Beds: 2
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Ceramic Tile
Living Area Total: 1,069 square feet
Price per sq ft: $281
Tax Annual Amount: $0
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Hardwood, Ceramic Tile
Exterior Features: Brick, Vinyl siding
Common Interest: Condo/Strata
Association Fee: 378.89
Number of photos available: 20
Rurl
Coordinates: [47.53186, -52.854437]
Rooms
| Main level | Foyer Ensuite Bath (# pieces 1-6) Utility room Primary Bedroom Bedroom Living room Dining room Kitchen | 7’2x6 null 5’8x6’8 null 8’3x5’3 null 6x6’4 null 13’4x17’9 null 10’6x9’8 null 15’5x16 null 11’6x8’10 null 11’2x14.8 null |
Basic Calculator
First Mortgage: $240,000
Mortgage insurance premium: $0
Total Financing: $240,000
Rough closing fee (1.5%): ~ $4,500
Total downpayment with estimated closing fee: $64,500
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,176 | $14,112 |
| Gross rental income (income/principal ratio) | 0.392% | 4.704% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $375 | $4,500 |
| Vacancy | $59 | $706 |
| Management Fee | $95 | $1,129 |
| Expense / Income Ratio | 31.89% | 31.89% |
| Cash Flow | $649 | $7,788 |
| Net Operating Income (NOI) | $649 | $7,788 |
| Capitalization Rate | 0.22% | 2.60% |
