9 Wiltshire Avenue
Paradise, NL, A1L4L8
5 Beds | 3 Baths
$539,900
About the property (MLS: 1284089):
Construction has officially begun on this versatile 2-apartment, offering a perfect blend of functionality and income potential. Being built by Cardinal Construction Limited, the main level is open concept and features a foyer coat closet, a spacious living and Kitchen area, which has a 6 foot island, backsplash, crown moldings in the main, laundry closet, linen closet, family bathroom and 3 bedrooms including the primary which features a walk-in closet and ensuite with corner shower. There is also an in-house 20X18 garage accessible from the main foyer. The ground level 2 bedroom apartment has a coat closet, kitchen, living area, full bathroom and a laundry closet. This Property is FULL PLYWOOD built for long lasting durability and quality. It also features durable XPEX concrete coating on the foundation, which is stronger, longer lasting and low maintenance. This home comes with front landscaping, a paved driveway, 10x12 patio and is backed by a 10 year Atlantic Home Warranty Program and one year warranty with the builder. (id:56688)
Property Details
Listing ID: 28222396
Address: 9 Wiltshire Avenue, Paradise, Newfoundland & Labrador, Canada A1L4L8
Status: Active
Last updated: 21 days ago ( Apr 29, 2025 )
Year Built: 2025
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 5
Baths: 3
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Carpeted, Other, Ceramic Tile, Mixed Flooring
Living Area Total: 1,972 square feet
Price per sq ft: $274
Tax Annual Amount: $0
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Carpeted, Other, Ceramic Tile, Mixed Flooring
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.535429, -52.880642]
Rooms
| Lower level | Bedroom Bedroom Bath (# pieces 1-6) Not known Not known | 11x12 null 12.6x9.6 null 3pc 11x13.6 null 9x13.6 null |
| Main level | Ensuite Bath (# pieces 1-6) Primary Bedroom Bedroom Bedroom Kitchen Living room Foyer | 3pc 3pc 13.6x12.6 null 9x12.6 null 9.6x11 null 13x17.6 null 12x14 null 7.6x6 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 | $2,170 | $26,040 |
| Gross rental income (income/principal ratio) | 0.402% | 4.823% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $675 | $8,100 |
| Vacancy | $109 | $1,302 |
| Management Fee | $174 | $2,084 |
| Expense / Income Ratio | 31.11% | 31.11% |
| Cash Flow | $1,213 | $14,556 |
| Net Operating Income (NOI) | $1,213 | $14,556 |
| Capitalization Rate | 0.22% | 2.70% |
