7 Tilting Place
Paradise, NL, A1L4A9
4 Beds | 4 Baths
$469,900
About the property (MLS: 1282796):
Discover this lovely two-story home perfectly located across from Octagon Pond, just a short walk to shopping and recreation. With three spacious bedrooms upstairs and a fourth on the lower level, there’s plenty of space for family and guests. The main floor features a bright living room, dining area, and a modern kitchen with an island, plus a half bath and a storage room with laundry potential. Step onto the deck and enjoy the pond views. The primary suite offers a walk-in closet and a three-piece ensuite for added comfort. The lower level boasts high ceilings, a spacious rec room with a fireplace, a three-piece bath, laundry, and ample storage. Complete with a full heat pump system for year-round comfort and efficiency. Don’t miss your chance—call today for details! (id:56688)
Property Details
Listing ID: 28064409
Address: 7 Tilting Place, Paradise, Newfoundland & Labrador, Canada A1L4A9
Status: Active
Last updated: 6 days ago ( Mar 24, 2025 )
Year Built: 2013
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 4
Baths: 4
1/2 Baths: 1
Heating: Heat Pump
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,651 square feet
Price per sq ft: $178
Tax Annual Amount: $3,243
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Dishwasher
Water Source: Municipal water
Foundation Details: Concrete
Heating: Heat Pump
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 26
Rurl
Coordinates: [47.528729, -52.877167]
Rooms
| Basement | Laundry room Storage Bedroom Recreation room | 7x8 null 10x10 null 21x20 null |
| Second level | Bath (# pieces 1-6) Ensuite Bedroom Bedroom Primary Bedroom | 12.4x10.8 null 12.4x10.8 null 12.9x12.8 null |
| Main level | Bath (# pieces 1-6) Living room Eating area Kitchen | 18.4x13.10 null 13.11x10.5 null 12.9x12.4 null |
Basic Calculator
First Mortgage: $375,920
Mortgage insurance premium: $0
Total Financing: $375,920
Rough closing fee (1.5%): ~ $7,049
Total downpayment with estimated closing fee: $101,029
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,917 | $35,004 |
| Gross rental income (income/principal ratio) | 0.621% | 7.449% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $588 | $7,056 |
| Vacancy | $146 | $1,751 |
| Management Fee | $234 | $2,801 |
| Expense / Income Ratio | 20.16% | 20.16% |
| Cash Flow | $1,950 | $23,400 |
| Net Operating Income (NOI) | $1,950 | $23,400 |
| Capitalization Rate | 0.41% | 4.98% |
