10 Port Rexton Place
Paradise, NL, A1L4J9
3 Beds | 3 Baths
$585,000
About the property (MLS: 1283911):
Welcome to your dream home nestled in a quiet cul-de-sac within the beautiful Paradise community. Built in 2024 with no expense spared, this custom-designed two-story home is the perfect blend of luxury, functionality, and style. Step inside and be captivated by the open-concept layout, featuring a stunning custom kitchen complete with a large center island—perfect for entertaining. The spacious living area is enhanced by sleek marble and durable laminate flooring, custom light fixtures, and a show-stopping glass staircase that adds a modern, elegant touch. This home offers three generous bedrooms and 2.5 beautifully designed bathrooms. The primary suite is your private sanctuary, featuring a walk-in closet and a stunning ensuite bathroom with high-end finishes and luxurious fixtures designed for everyday comfort and style. The full open basement boasts above-ground windows, ready to be transformed into your ideal space. Every detail has been thoughtfully curated—from the custom cellular window blinds and elegant doors/moldings to the commercial-grade epoxy flooring in the oversized in-house garage. Step outside to a thoughtfully designed outdoor space featuring a custom-built rear fence for added privacy and a spacious patio—ideal for summer gatherings and quiet evenings alike. Plus, enjoy the bonus of a fully finished backyard retreat—perfect as a man cave, she shed, home office, or creative studio. Additional features: - Parking for up to 4 vehicles - Custom exterior lighting - Built-in quality and craftsmanship throughout This rare gem offers modern luxury in a peaceful setting—schedule your private showing today! The Seller(s) hereby directs the listing Brokerage there will be no conveyance of any written signed offers prior to 4PM on the 25th day of April, 2025. The seller further directs that all offers are to remain open for acceptance until 9PM on the 25th day of April, 2025. (id:56688)
Property Details
Listing ID: 28192619
Address: 10 Port Rexton Place, Paradise, Newfoundland & Labrador, Canada A1L4J9
Status: Active
Last updated: 15 days ago ( May 6, 2025 )
Year Built: 2024
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: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Ceramic Tile, Mixed Flooring
Fencing: Fence
Living Area Total: 2,250 square feet
Price per sq ft: $260
Tax Annual Amount: $2,813
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Ceramic Tile, Mixed Flooring
Exterior Features: Wood shingles, Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 32
Rurl
Coordinates: [47.531443, -52.903138]
Rooms
| Other | Not known | 16 x 30 null |
| Basement | Other | 32 x 20 null |
| Second level | Bath (# pieces 1-6) Ensuite Bedroom Bedroom Primary Bedroom | 5.8 x 5.1 null 9.4 x 5.9 null 10.6 x 9.3 null 10.5 x 12 null 13.8 x 12 null |
| Main level | Living room Kitchen | 16 x 15.2 null 17.8 x 21.9 null |
Basic Calculator
First Mortgage: $468,000
Mortgage insurance premium: $0
Total Financing: $468,000
Rough closing fee (1.5%): ~ $8,775
Total downpayment with estimated closing fee: $125,775
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,475 | $29,700 |
| Gross rental income (income/principal ratio) | 0.423% | 5.077% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $732 | $8,784 |
| Vacancy | $124 | $1,485 |
| Management Fee | $198 | $2,376 |
| Expense / Income Ratio | 29.58% | 29.58% |
| Cash Flow | $1,422 | $17,064 |
| Net Operating Income (NOI) | $1,422 | $17,064 |
| Capitalization Rate | 0.24% | 2.92% |
