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TelephoneEmail89 Trenton Drive, Paradise, Newfoundland & Labrador, Canada A1L4B7

89 Trenton Drive

Paradise, NL, A1L4B7

location

2 Beds | 2 Baths

$549,900

89 Trenton Drive Paradise Newfoundland & Labrador Canada A1L4B7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
89 Trenton Drive Paradise Newfoundland & Labrador Canada A1L4B7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
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
MLS: 1285911
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
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12x12 null
4pc

3pc
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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

0000

Investment Calculator:

MonthlyYearly
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 Ratio25.85%25.85%
Cash Flow$1,628$19,536
Net Operating Income (NOI)$1,628$19,536
Capitalization Rate0.30%3.55%
Capitalization Rate: 3.55%
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).): $785,572