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TelephoneEmail655 St. Thomas Line, Paradise, Newfoundland & Labrador, Canada A1L3N7

655 St. Thomas Line

Paradise, NL, A1L3N7

location

$220,000

655 St. Thomas Line Paradise Newfoundland & Labrador Canada A1L3N7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
655 St. Thomas Line Paradise Newfoundland & Labrador Canada A1L3N7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
655 St. Thomas Line Paradise Newfoundland & Labrador Canada A1L3N7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
655 St. Thomas Line Paradise Newfoundland & Labrador Canada A1L3N7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
655 St. Thomas Line Paradise Newfoundland & Labrador Canada A1L3N7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
655 St. Thomas Line Paradise Newfoundland & Labrador Canada A1L3N7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
655 St. Thomas Line Paradise Newfoundland & Labrador Canada A1L3N7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1285549):

A rare opportunity to build your dream home by the sea—this 0.629-acre lot offers 159 feet of ocean frontage along scenic St. Thomas Line, with commanding views of the dramatic cliffs of Bell Island and Little Bell Island. Elevated and west-facing, the property promises breathtaking sunsets from the comfort of your future backyard. Surrounded by some of the area's most prestigious neighbourhoods, including Country Gardens and Island View Estates, this lot presents the perfect foundation for a luxury build with long-term value. With approval in principle already in place for a single-family home, your vision is ready to take shape. The L-shaped layout allows for a generous building footprint plus an extended backyard—ideal for a detached garage or workshop, hot tub, or outdoor lounge, all positioned to take full advantage of the ocean view. Municipal water and sewer services are available on the street for easy connection. Whether you're dreaming of a modern coastal retreat or a timeless family home, this location delivers both inspiration and investment potential. A turn-key build option is also available through our trusted partner builder, offering a seamless path from land to custom home. Oceanfront properties of this size and setting rarely come to market. If you’ve been waiting for the right canvas to create something extraordinary, this is your once-in-a-lifetime opportunity. (id:56688)

Property Details
MLS: 1285549
Listing ID: 28372536
Address: 655 St. Thomas Line, Paradise, Newfoundland & Labrador, Canada A1L3N7
Status: Active
Last updated: 18 days ago ( Jun 2, 2025 )
Property Type: Vacant Land
Ownership Type: Freehold
View: Ocean view
Sewer: Municipal sewage system
Tax Annual Amount: $950
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Common Interest: Freehold
Number of photos available: 7
Rurl
Coordinates: [47.577106, -52.90009]

Rooms

Basic Calculator



First Mortgage: $176,000

Mortgage insurance premium: $0

Total Financing: $176,000

Rough closing fee (1.5%): ~ $3,300

Total downpayment with estimated closing fee: $47,300

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Investment Calculator:

MonthlyYearly
Gross Revenue$0$0
Gross rental income (income/principal ratio)0.000%0.000%
Mortgage$0$0
Monthly Expenses$0$0
Vacancy$0$0
Management Fee$0$0
Expense / Income RatioNaN%NaN%
Cash Flow$0$0
Net Operating Income (NOI)$0$0
Capitalization Rate0.00%0.00%
Capitalization Rate: 0.00%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $314,286