41 Kemble Avenue
Paradise, NL, A1L4J1
4 Beds | 3 Baths
$539,900
About the property (MLS: 1283169):
Beautiful split entry design with a 1 bedroom basement apartment. A wonderful feature for this property ia the rear yard access with the ability to build a future 18'x20' detached garage. The main unit features 3 bedrooms, 2 baths, open concept main floor, rec-room for main unit & in-house garage. The master will feature a walk-in closet & ensuite. The 1 bedroom apartment will have grade level (no steps) entry for easy accessibility. This is a Great Location off St.Thomas Line and a wonderful area for families with Holy Family Elementary just a couple minutes away. (id:56688)
Property Details
Listing ID: 28101410
Address: 41 Kemble Avenue, Paradise, Newfoundland & Labrador, Canada A1L4J1
Status: Active
Last updated: 2 months ago ( Apr 1, 2025 )
Year Built: 2025
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 4
Baths: 3
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate
Living Area Total: 2,146 square feet
Price per sq ft: $252
Tax Annual Amount: $0
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: Baseboard heaters, Electric
Flooring: Laminate
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 2
Rurl
Coordinates: [47.549887, -52.892887]
Rooms
| Basement | Recreation room | 11.4 x 11 null |
| Lower level | Bath (# pieces 1-6) Not known Living room Not known Not known | 4pc 10.7 x 10.1 null 15 x 11.5 null 11.5 x 10 null 19 x 12 null |
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom Dining room Kitchen Living room | 4pc 10 x 8.10 null 11.4 x 8.10 null 3pc 12.9 x 12 null 14.1 x 7.11 null 16 x 12.9 null 17.8 x 11.2 null |
Basic Calculator
First Mortgage: $431,920
Mortgage insurance premium: $0
Total Financing: $431,920
Rough closing fee (1.5%): ~ $8,099
Total downpayment with estimated closing fee: $116,079
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,361 | $28,332 |
| Gross rental income (income/principal ratio) | 0.437% | 5.248% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $675 | $8,100 |
| Vacancy | $119 | $1,417 |
| Management Fee | $189 | $2,267 |
| Expense / Income Ratio | 28.59% | 28.59% |
| Cash Flow | $1,380 | $16,560 |
| Net Operating Income (NOI) | $1,380 | $16,560 |
| Capitalization Rate | 0.26% | 3.07% |
