26 Whelans Crescent
Paradise, NL, A1L3S6
5 Beds | 4 Baths
$579,000
About the property (MLS: 1285511):
Welcome to 26 Whelan's Crescent! Nearing completion, this 2-apartment home offers pristine new build living with the addition of a mortgage boosting apartment below. The main floor of this bungalow features a modern, open concept design boasting a kitchen with both a large centre island, and walk-in pantry along with STAINLESS APPLIANCES!! Sliding patio doors offer access to the rear deck. The main floor also includes 3 well appointed bedrooms and main bathroom. The primary bedroom features both a walk-in closet and 3-piece ensuite. Downstairs, for the main unit, there is a basement rec room along with a half bathroom. The 2-bedroom apartment also features a functional open concept design and own laundry. This is the perfect place to reap the benefits of a basement apartment without sacrificing space! The lot allows rear yard access to build your dream garage and backs onto a greenbelt. It will also include a paved driveway and front landscaping. Situated in a family friendly Paradise neighbourhood near walking trails, daycares, and schools, this is one you'll want to check out and make your own! (id:56688)
Property Details
Listing ID: 28373388
Address: 26 Whelans Crescent, Paradise, Newfoundland & Labrador, Canada A1L3S6
Status: Active
Last updated: 16 days ago ( May 28, 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: 4
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Mixed Flooring
Living Area Total: 2,730 square feet
Price per sq ft: $213
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Laminate, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 5
Rurl
Coordinates: [47.565948, -52.898694]
Rooms
| Basement | Bath (# pieces 1-6) Not known Not known Not known Not known Porch Bath (# pieces 1-6) Recreation room | 7.3x5.6 null 12.0x9.1 null 11.3x10.0 null 14.3x10.2 null 9.8x8.6 null 7.5x4.8 null 2PC 7.7x3.0 null 14.7x16.11 null |
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom Dining room Kitchen Living room | 6.0x6.9 null 9.10x10.0 null 9.10x10.0 null 6.10x6.0 null 11.9x13.3 null 14.1x10.6 null 13.0x11.0 null 12.0x13.7 null |
Basic Calculator
First Mortgage: $463,200
Mortgage insurance premium: $0
Total Financing: $463,200
Rough closing fee (1.5%): ~ $8,685
Total downpayment with estimated closing fee: $124,485
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,004 | $36,048 |
| Gross rental income (income/principal ratio) | 0.519% | 6.226% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $724 | $8,688 |
| Vacancy | $151 | $1,803 |
| Management Fee | $241 | $2,884 |
| Expense / Income Ratio | 24.10% | 24.10% |
| Cash Flow | $1,890 | $22,680 |
| Net Operating Income (NOI) | $1,890 | $22,680 |
| Capitalization Rate | 0.33% | 3.92% |
