109 SGT DONALD LUCAS Drive
PARADISE, NL, A1L0W7
5 Beds | 5 Baths
$649,900
About the property (MLS: 1283318):
CONSTRUCTION IS SET TO BEGIN ON THIS LARGE EXECUTIVE 2 APARTMENT ( APARTMENT IS ALL ABOVE GROUND ) home on a OVERSIZED LOT BY DMP CONTRACTING...FEATURES OF THIS HOME INCLUDE LARGE FOYER, OPEN CONCEPT KITCHEN WITH ISLAND, LARGE LIVING ROOM, CROWN MOLDINGS ON MAIN AREA, MAIN FLOOR LAUNDRY, LARGE MASTER BEDROOM WITH ENSUITE & WALK IN CLOSET, PLUS A second bedroom with ensuite bath and walk in closet plus large 3rd bedroom plus LARGE FAMILY AND FULL BATH IN BASEMENT FOR MAIN........BASEMENT OFFERS A LARGE 1200 SQ FT REGISTERED 2 BEDROOM APARTMENT. HOME COMES COMPLETE WITH 10 x 12 PATIO DECK, FRONT & BACK EAVESTROUGH, LARGE IN HOUSE GARAGE, FRONT LANSCAPING & DOUBLE PAVED DRIVEWAY. 8 YEAR NEW HOME WARRANTY. LOCATED NEXT TO WALKING TRAILS, PLAYGROUND, DOUBLE ICE SURFACE, SCHOOLS AND ALL OTHER AMENITIES. (id:56688)
Property Details
Listing ID: 28143577
Address: 109 SGT DONALD LUCAS Drive, PARADISE, Newfoundland & Labrador, Canada A1L0W7
Status: Active
Last updated: a month ago ( Apr 9, 2025 )
Year Built: 2025
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 5
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Hardwood
Living Area Total: 2,964 square feet
Price per sq ft: $220
Tax Annual Amount: $0
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 2
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Electric
Flooring: Hardwood
Exterior Features: Cedar shingles, Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.520692, -52.895671]
Rooms
| Basement | Bath (# pieces 1-6) Family room Living room Kitchen Laundry room Bedroom Bedroom Not known | 8.0 X 5.4 null 13.6 X 15.6 null 14.6 X 11.4 null 10.8 X 11.4 null 4.0 X 4.6 null 14.0 X 11.4 null 14.0 X 9.10 null 17.6 X 20.4 null |
| Main level | Bath (# pieces 1-6) Eating area Ensuite Bath (# pieces 1-6) Laundry room Bedroom Bedroom Primary Bedroom Foyer Living room Kitchen | 5.4 X 9.10 null 10.11 X 13.5 null 6.4 X 12.10 null 5.8 X 8.1 null 7.6 X 7.0 null 14.6 X 17.2 null 10.10 X 12.10 null 16.8 X 12.10 null 10.0 X 9.0 null 13.6 X 19.9 null 10.0 X 20.3 null |
Basic Calculator
First Mortgage: $519,920
Mortgage insurance premium: $0
Total Financing: $519,920
Rough closing fee (1.5%): ~ $9,749
Total downpayment with estimated closing fee: $139,729
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,261 | $39,132 |
| Gross rental income (income/principal ratio) | 0.502% | 6.021% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $813 | $9,756 |
| Vacancy | $164 | $1,957 |
| Management Fee | $261 | $3,131 |
| Expense / Income Ratio | 24.93% | 24.93% |
| Cash Flow | $2,025 | $24,300 |
| Net Operating Income (NOI) | $2,025 | $24,300 |
| Capitalization Rate | 0.31% | 3.74% |
