1 Kestrel Drive Unit#204
Paradise, NL, A1L2T9
2 Beds | 2 Baths
$319,000
About the property (MLS: 1283985):
Modern 2-Bedroom Condo in the Heart of Paradise, NL Welcome to this beautiful second-floor 2-bedroom, 2-bathroom condo, ideally located in the sought-after community of Paradise, NL. Offering modern finishes, ample natural light, and a spacious layout, this home is perfect for first-time buyers, downsizers, or investors alike. Features You'll Love: Open-Concept Living – Bright and airy living space with a seamless flow from the living room to the kitchen and dining area. Stylish Kitchen – Equipped with modern appliances, ample cabinetry, and a breakfast bar for casual dining. Two Spacious Bedrooms – Each with generous closet space, perfect for relaxation and comfort. Private Balcony – Enjoy your morning coffee or unwind in the evening with a peaceful outdoor space. Convenient In-Unit Laundry – Stackable washer and dryer included for ease and efficiency. Low-Maintenance Living – Ideal for those seeking a hassle-free lifestyle with snow clearing and exterior maintenance included. Prime Location – Close to walking trails, shopping, schools, and just minutes from St. John’s. This well-maintained condo offers the perfect blend of affordability, comfort, and convenience in one of Newfoundland’s fastest-growing communities. (id:56688)
Property Details
Listing ID: 28194977
Address: 1 Kestrel Drive Unit#204, Paradise, Newfoundland & Labrador, Canada A1L2T9
Status: Active
Last updated: 9 days ago ( May 13, 2025 )
Year Built: 2015
Property Type: Single Family
Ownership Type: Condominium
Beds: 2
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Living Area Total: 1,332 square feet
Price per sq ft: $240
Tax Annual Amount: $2,243
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Intercom
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Condo/Strata
Association Fee: 419
Number of photos available: 26
Rurl
Coordinates: [47.53186, -52.854385]
Rooms
| Main level | Dining room Foyer Bedroom Bedroom Kitchen Living room | 9.2 x 12.3 null 13.4 x 13.5 null 17.9 x14.10 null 9.2 x 10 null 13.1 x10.7 null 16.10x15.10 null |
Basic Calculator
First Mortgage: $255,200
Mortgage insurance premium: $0
Total Financing: $255,200
Rough closing fee (1.5%): ~ $4,785
Total downpayment with estimated closing fee: $68,585
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,466 | $17,592 |
| Gross rental income (income/principal ratio) | 0.460% | 5.515% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $399 | $4,788 |
| Vacancy | $74 | $880 |
| Management Fee | $118 | $1,408 |
| Expense / Income Ratio | 27.22% | 27.22% |
| Cash Flow | $877 | $10,524 |
| Net Operating Income (NOI) | $877 | $10,524 |
| Capitalization Rate | 0.27% | 3.30% |
