29 Toslo Street
Paradise, NL, A1L0A3
4 Beds | 3 Baths
$625,000
About the property (MLS: 1282793):
Spacious & Fully Developed Bungalow with Double Attached Garage Welcome to this stunning, energy-efficient bungalow in the heart of Paradise! Featuring in-floor heating throughout, this beautifully developed home offers both comfort and efficiency. Step into the bright, open-concept living, dining, and kitchen area—perfect for gatherings. The kitchen boasts a breakfast bar, ample cabinetry, and plenty of counter space for all your culinary needs. Just off the kitchen, you’ll find a convenient laundry room and half bath. Down the hall, three generously sized bedrooms await. The primary suite is a true retreat, featuring a spacious walk-in closet and an ensuite with a relaxing soaker tub and a separate sit-down shower. The fully finished lower level is equally impressive, offering a fantastic entertaining space, a large additional bedroom, a full bathroom, an office, and two oversized hobby rooms—perfect for a home gym, craft room, or extra storage. Outside you can unwind in the fully enclosed hot tub area - ideal for those nights when you just want to relax and escape. As an added bonus, there’s access to another detached garage. This one won’t last long—don’t miss out! No conveyance of offers until 4pm on the 4th April. Offers to be left open until 9pm, as per attached Seller's Direction. (id:56688)
Property Details
Listing ID: 28106011
Address: 29 Toslo Street, Paradise, Newfoundland & Labrador, Canada A1L0A3
Status: Active
Last updated: a month ago ( Apr 17, 2025 )
Year Built: 2008
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 3
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Other
Fencing: Fence
Living Area Total: 3,560 square feet
Price per sq ft: $176
Tax Annual Amount: $3,713
Garage? Yes
Attached Garage? No
Carport? No
Open Parking? No
Garage Spaces: 2
Waterfront? No
Pool? No
Appliances: Dishwasher, Microwave
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Other
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 50
Rurl
Coordinates: [47.532002, -52.867967]
Rooms
| Lower level | Office Hobby room Bath (# pieces 1-6) Storage Utility room Bedroom Recreation room | 8.4 x 11 null 18.7 x 16.8 null B4 null 18.7 x 13 null 8.4 x 5.5 null 18.9 x 12.2 null 29.3 x 18.5 null |
| Main level | Ensuite Primary Bedroom Bath (# pieces 1-6) Bedroom Bedroom Laundry room Porch Kitchen Dining room Living room Porch | B4 null 13 x 16.3 null B4 null 12.3 x 11.8 null 12.3 x 12.7 null 10.1 x 6.9 null 9.2 x 6.1 null 12.7 x 13.7 null 20 x 15.1 null 19.9 x 13.2 null 9.3 x 5.7 null |
Basic Calculator
First Mortgage: $500,000
Mortgage insurance premium: $0
Total Financing: $500,000
Rough closing fee (1.5%): ~ $9,375
Total downpayment with estimated closing fee: $134,375
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,917 | $47,004 |
| Gross rental income (income/principal ratio) | 0.627% | 7.521% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $782 | $9,384 |
| Vacancy | $196 | $2,351 |
| Management Fee | $314 | $3,761 |
| Expense / Income Ratio | 19.96% | 19.96% |
| Cash Flow | $2,626 | $31,512 |
| Net Operating Income (NOI) | $2,626 | $31,512 |
| Capitalization Rate | 0.42% | 5.04% |
