27 Gallants Street
Paradise, NL, A1L3C1
4 Beds | 3 Baths
$399,900
About the property (MLS: 1282299):
Paradise Awaits! In Willowbanks subdivision just steps from Adam’s Pond and walking trails, this brand new, uniquely designed three bedroom split entry duplex with a one-bedroom apartment is presently under construction. There is an open living room, dining room and kitchen on the main floor as well as two bedrooms, one bathroom and laundry. The lower level contains a third bedroom and half bath. The apartment has one bedroom with an open living room, dining room and kitchen. There is also a full bathroom and laundry area. Both units are equipped with mini split heat pumps. (id:56688)
Property Details
Listing ID: 27989698
Address: 27 Gallants Street, Paradise, Newfoundland & Labrador, Canada A1L3C1
Status: Active
Last updated: 6 days ago ( Mar 10, 2025 )
Year Built: 2025
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 4
Baths: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Mixed Flooring
Living Area Total: 1,640 square feet
Price per sq ft: $244
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 2
Rurl
Coordinates: [47.541205, -52.882774]
Rooms
| Main level | Living room Kitchen Primary Bedroom Bedroom Bath (# pieces 1-6) | 8.9 x 14.3 null 10.8 x 14.3 null 12 x 11.11 null 10.4 x 10.8 null B4 null |
| Basement | Bath (# pieces 1-6) Bath (# pieces 1-6) Not known Not known Not known Bedroom | B4 null B2 null 10 x 11 null 12 x 10 null 10 x 12 null 9.6 x 10.8 null |
Basic Calculator
First Mortgage: $319,920
Mortgage insurance premium: $0
Total Financing: $319,920
Rough closing fee (1.5%): ~ $5,999
Total downpayment with estimated closing fee: $85,979
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,805 | $21,660 |
| Gross rental income (income/principal ratio) | 0.451% | 5.416% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $500 | $6,000 |
| Vacancy | $91 | $1,083 |
| Management Fee | $145 | $1,733 |
| Expense / Income Ratio | 27.70% | 27.70% |
| Cash Flow | $1,071 | $12,852 |
| Net Operating Income (NOI) | $1,071 | $12,852 |
| Capitalization Rate | 0.27% | 3.21% |
