About the property (MLS: 1285911):
Perched majestically overlooking the serene waters of Octagon Pond, and steps from the walking trail this stunning contemporary bungalow on 89 Trenton Drive in Paradise's prestigious new Emerald Ridge subdivision. Wake each morning to shimmering water views of Octagon Pond and end your day watching the sunset paint the pond in golden hues from your elevated back patio. Open-concept main floor where natural light pours through strategically placed windows, creating an ever-changing canvas of reflections from Octagon Pond. The heart of this 2-bedroom sanctuary features a kitchen anchored by a substantial island—perfect for both entertaining and everyday family gatherings. The adjoining dining space flows seamlessly to a raised patio, blurring the boundary between indoor comfort and outdoor tranquillity. The basement will be wide open, featuring an opportunity for future development of a huge recreation room, bathroom, storage, and a third bedroom. The exterior will feature a covered front deck, a double-paved driveway, and front landscaping included. For buyers looking to downsize of a large property but still enjoy the outdoors and nature, this is your home. Generous allowances for kitchen, cabinets, flooring and lighting and a single head mini split heat pump are included, and there will be an 8-year LUX New Home Warranty. The purchase price includes HST with a rebate credited back to the builder. (id:56688)
Property Details
Listing ID: 28407645
Address: 89 Trenton Drive, Paradise, Newfoundland & Labrador, Canada A1L4B7
Status: Active
Last updated: 17 days ago ( Jun 3, 2025 )
Year Built: 2025
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
View: View
Number of stories: 2
Number of Levels: 2
Beds: 2
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate
Living Area Total: 2,420 square feet
Price per sq ft: $228
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
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 2
Rurl
Coordinates: [47.522782, -52.888805]
Rooms
Main level | Bedroom Primary Bedroom Ensuite Laundry room Bath (# pieces 1-6) Living room Dining room Kitchen | 10.1x11.1 null 12x12 null 4pc 3pc 12x24.7 null 6.0x8.7 null 12.6x6.7 null |
Basic Calculator
First Mortgage: $439,920
Mortgage insurance premium: $0
Total Financing: $439,920
Rough closing fee (1.5%): ~ $8,249
Total downpayment with estimated closing fee: $118,229
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,662 | $31,944 |
Gross rental income (income/principal ratio) | 0.484% | 5.809% |
Mortgage | $0 | $0 |
Monthly Expenses | $688 | $8,256 |
Vacancy | $134 | $1,598 |
Management Fee | $213 | $2,556 |
Expense / Income Ratio | 25.85% | 25.85% |
Cash Flow | $1,628 | $19,536 |
Net Operating Income (NOI) | $1,628 | $19,536 |
Capitalization Rate | 0.30% | 3.55% |