15 Flamingo Drive
Paradise, NL, A1L1Z8
3 Beds | 4 Baths
$424,999
About the property (MLS: 1282449):
Welcome to your dream home in the heart of Paradise! Exceptionally built R-2000 certified home in immaculate condition, this beautifully designed 3-bedroom, 4-bathroom family home offers the perfect blend of style, comfort, and functionality. Step inside to a warm and inviting open-concept main floor, featuring solid oak cabinetry and granite countertops in the kitchen, a dedicated dining room, and powder room off to the side. It is perfect for family gatherings and entertaining. The spacious sunken living area is flooded with natural light, and a propane fireplace, creating a cozy and welcoming atmosphere. Upstairs, you’ll find three generously sized bedrooms, including a large primary bedroom with private ensuite and walk in closet. A bonus room downstairs adds extra flexibility—ideal for a playroom, gym, or media space—while the dedicated home office upstairs is perfect for remote work, study, or a vanity space. Outside, the roof was re-shingled in 2021, and driveway freshly repaved in 2020. The fully fenced yard offers privacy and security for kids and pets, with plenty of space to relax and enjoy the outdoors. The property also boasts two garages, one 18x24, and the second 8x22 with its own separate driveway, providing ample storage and parking. Located in the sought-after community of Paradise, close enough to the highway to skip that dreaded topsail road congestion, this home is a short walk to top-rated schools, scenic walking trails, and all major amenities. Don’t miss the opportunity to make this exceptional property your forever home! As per sellers direction, there will be no conveyance of offer before March 17th at 5pm (id:56688)
Property Details
Listing ID: 28012254
Address: 15 Flamingo Drive, Paradise, Newfoundland & Labrador, Canada A1L1Z8
Status: Active
Last updated: 3 days ago ( Mar 14, 2025 )
Year Built: 2002
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 3
Baths: 4
1/2 Baths: 2
Heating: Baseboard heaters, Electric, Propane
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Mixed Flooring
Living Area Total: 2,780 square feet
Price per sq ft: $153
Tax Annual Amount: $3,580
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: Baseboard heaters, Electric, Propane
Flooring: Hardwood, Laminate, Mixed Flooring
Fireplace Features: Insert, Propane
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 46
Rurl
Coordinates: [47.529829, -52.854904]
Rooms
| Basement | Utility room Not known Not known Recreation room Storage | 5.5 x 11 null 8 x 22 null 10.1 x 15.2 null 20.7 x 23.2 null 9.9 x 10.11 null |
| Second level | Office Bath (# pieces 1-6) Ensuite Primary Bedroom Bedroom Bedroom | 4.3 x 10.1 null 4pc 4pc 10.7 x 15.11 null 11.4 x 12.1 null 9.1 x 12.9 null |
| Main level | Not known Dining room Foyer Bath (# pieces 1-6) Laundry room Kitchen Living room/Fireplace Family room | 18 x 24 null 10.7 x 11.9 null 4.7 x 6.1 null 2pc 5.1 x 10.1 null 11.1 x 16.1 null 11.1 x 13 null 11.8 x 12.7 null |
Basic Calculator
First Mortgage: $340,000
Mortgage insurance premium: $0
Total Financing: $340,000
Rough closing fee (1.5%): ~ $6,375
Total downpayment with estimated closing fee: $91,375
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,059 | $36,708 |
| Gross rental income (income/principal ratio) | 0.720% | 8.637% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $532 | $6,384 |
| Vacancy | $153 | $1,836 |
| Management Fee | $245 | $2,937 |
| Expense / Income Ratio | 17.39% | 17.39% |
| Cash Flow | $2,130 | $25,560 |
| Net Operating Income (NOI) | $2,130 | $25,560 |
| Capitalization Rate | 0.50% | 6.01% |
