50 Trenton Drive
Paradise, NL, A1B4L7
3 Beds | 3 Baths
$449,900
About the property (MLS: 1282183):
Stop bidding on existing homes! Brand New Triplex Home – Built by Multi-Award Winning Builder, Eastwood Homes! Welcome to this stunning new construction triplex in a highly sought-after new subdivision, Emerald Ridge in Paradise! This modern home is just seconds from Octagon Pond Elementary. Your children can walk to school. Close to all essential amenities with beautiful walking trails nearby. Designed with a spacious open-concept main floor, this home offers a bright and inviting space perfect for modern living with a main floor office/den/playroom. Drive right into your attached garage and step into your beautiful new home. The primary bedroom is a true retreat, featuring a full ensuite with tile shower and a walk-in closet for added convenience. Extra thought, time and expense has gone into the adjoining walls to create better sound resistance. The lower level offers room for future family room/bedroom, and plumbed out for a 3-piece bath. Paved driveway, full landscaping, plus a 10 Year Atlantic New Home Warranty. Don’t miss out on this opportunity to own a brand new home! Purchase Price includes HST with Rebate assigned to the builder. (id:56688)
Property Details
Listing ID: 27977841
Address: 50 Trenton Drive, Paradise, Newfoundland & Labrador, Canada A1B4L7
Status: Active
Last updated: 19 days ago ( Mar 4, 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, Mixed Flooring
Living Area Total: 1,990 square feet
Price per sq ft: $227
Tax Annual Amount: $0
Tax Year: 2025
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 1
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Laminate, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 4
Rurl
Coordinates: [47.524504, -52.889175]
Rooms
| Second level | Bedroom Bedroom Primary Bedroom | 10.2 x 10.4 null 9 x 11 null 12.4 x 15.4 null |
| Main level | Office Living room Eating area Kitchen | 8.6 x 14 null 19.4 x 10 null 8.6 x 13 null 10.6 x 13 null |
Basic Calculator
First Mortgage: $359,920
Mortgage insurance premium: $0
Total Financing: $359,920
Rough closing fee (1.5%): ~ $6,749
Total downpayment with estimated closing fee: $96,729
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,189 | $26,268 |
| Gross rental income (income/principal ratio) | 0.487% | 5.839% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $563 | $6,756 |
| Vacancy | $110 | $1,314 |
| Management Fee | $176 | $2,102 |
| Expense / Income Ratio | 25.72% | 25.72% |
| Cash Flow | $1,342 | $16,104 |
| Net Operating Income (NOI) | $1,342 | $16,104 |
| Capitalization Rate | 0.30% | 3.58% |
