91 Trenton Drive
Paradise, NL, A1L4B8
4 Beds | 4 Baths
$609,900
About the property (MLS: 1285688):
Registered 2 apartment in Paradise's newest subdivision, Emerald Ridge, is located in the ever popular and sought after Octagon Pond area and is within walking distance to schools, trails and amenities. Sitting on a deep lot and backing towards Octagon Pond, this contemporary two-storey, 3 bed, 2.5 bath family home has a great open concept main floor layout with formal living room with access to the back patio, half bath, kitchen with large island, and separate dining room. The second floor has the primary bedroom, that will have a full view of Octagon Pond, is spacious with a walk-in closet and full ensuite, a second full bath, 2 additional bedrooms and 2nd floor laundry. The basement will be a walkout for a mostly above ground and fully developed as a 1 bedroom, 1 bathroom registered apartment. The exterior will have a covered front entry, double paved driveway and front landscaping included. Generous allowances with a single head mini split heat pump included and there will be an 8 year LUX New Home Warranty. Purchase price includes HST with rebate back to the builder. ***Note: all interior pictures are from a previous build with this plan. (id:56688)
Property Details
Listing ID: 28385455
Address: 91 Trenton Drive, Paradise, Newfoundland & Labrador, Canada A1L4B8
Status: Active
Last updated: 8 days ago ( May 29, 2025 )
Year Built: 2025
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 4
Baths: 4
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Carpeted, Other
Living Area Total: 2,175 square feet
Price per sq ft: $281
Tax Annual Amount: $0
Tax Year: 2025
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
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 27
Rurl
Coordinates: [47.522687, -52.889141]
Rooms
| Basement | Not known Bath (# pieces 1-6) Not known Not known Not known | 10'11x10'4 null 3pc 10'3x10'11 null 10'3x7'6 null 10'3x12 null |
| Second level | Bedroom Bedroom Primary Bedroom Ensuite Bath (# pieces 1-6) | 11x11'7 null 11x11'7 null 15x11'1 null 3pc 4pc |
| Main level | Bath (# pieces 1-6) Living room Eating area Kitchen | 2pc 11'7x15' null 13'10x10'9 null 11'7x11'1 null |
Basic Calculator
First Mortgage: $487,920
Mortgage insurance premium: $0
Total Financing: $487,920
Rough closing fee (1.5%): ~ $9,149
Total downpayment with estimated closing fee: $131,129
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,393 | $28,716 |
| Gross rental income (income/principal ratio) | 0.392% | 4.708% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $763 | $9,156 |
| Vacancy | $120 | $1,436 |
| Management Fee | $192 | $2,298 |
| Expense / Income Ratio | 31.88% | 31.88% |
| Cash Flow | $1,319 | $15,828 |
| Net Operating Income (NOI) | $1,319 | $15,828 |
| Capitalization Rate | 0.22% | 2.60% |
