79 Stormont Street
Paradise, NL, A1L0H2
3 Beds | 2 Baths
$509,900
About the property (MLS: 1285496):
Welcome to 79 Stormont Street, located in beautiful lakeside Subdivision in Paradise. This beautiful 3 bedroom raised bungalow with in-house garage offers the perfect blend of modern living and cozy charm. The home boasts an open concept design with ample natural light flowing through the spacious large windows in the living, dining and kitchen area. The kitchen features custom cabinets, large island, backsplash and a great flow for entertaining. The primary bedroom has a walk-in closet and ensuite. Downstairs you will find the ground level foyer which provides convenient access to the 16x23 garage, completing off the lower level is the laundry area, rough-in bathroom and a spacious area waiting for your personal touch. 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 and longer lasting. This home comes with front landscaping, a double paved driveway, 10x12 patio and is backed by a 10 year Atlantic Home Warranty Program and one year warranty with the builder. HST rebate to be assigned to the builder on closing. Measurements are taken from the plan. (id:56688)
Property Details
Listing ID: 28371651
Address: 79 Stormont Street, Paradise, Newfoundland & Labrador, Canada A1L0H2
Status: Active
Last updated: 24 days ago ( May 27, 2025 )
Year Built: 2025
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Ceramic Tile
Living Area Total: 2,508 square feet
Price per sq ft: $204
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, Ceramic Tile
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.534857, -52.879838]
Rooms
| Lower level | Not known | 23x16 null |
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom Dining room Kitchen Living room | 3pc 10x12 null 12x11 null 3Pc null 14.6x11.6 null 12x10 null 12x11 null 16x12 null |
Basic Calculator
First Mortgage: $407,920
Mortgage insurance premium: $0
Total Financing: $407,920
Rough closing fee (1.5%): ~ $7,649
Total downpayment with estimated closing fee: $109,629
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,759 | $33,108 |
| Gross rental income (income/principal ratio) | 0.541% | 6.493% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $638 | $7,656 |
| Vacancy | $138 | $1,656 |
| Management Fee | $221 | $2,649 |
| Expense / Income Ratio | 23.12% | 23.12% |
| Cash Flow | $1,763 | $21,156 |
| Net Operating Income (NOI) | $1,763 | $21,156 |
| Capitalization Rate | 0.35% | 4.15% |
