1 Kestrel Drive Unit#101
Paradise, NL, A1L2T9
2 Beds | 1 Bath
$279,900
About the property (MLS: 1285871):
Well cared for, fully accessible condominium situated in sought after Paradise, in Kestrel Suites! This 2-bedroom, main level condo, with private covered balcony, shows like new and is freshly painted on trend neutral colour palette throughout. The open concept kitchen/dining/living room have over sized windows creating an abundance of natural light and provides direct access to the balcony. Two well-proportioned bedrooms and main bathroom featuring an oversized curbless tiled shower. All appliances included with recently replaced stackable washer and dryer and hot water boiler (2023). Convenient parking including assigned parking space, multiple visitor parking, & on-street parking availability. Ideally located within close proximity to grocery stores, pharmacies, cafes and a beautiful and safe walking trail along Neils Pond subdivision. Enjoy worry and maintenance free condo living – secured building with exterior maintenance and snow clearing included in the condo fee. Don’t miss out! (id:56688)
Property Details
Listing ID: 28408903
Address: 1 Kestrel Drive Unit#101, Paradise, Newfoundland & Labrador, Canada A1L2T9
Status: Active
Last updated: 17 days ago ( Jun 3, 2025 )
Year Built: 2014
Property Type: Single Family
Ownership Type: Condominium
Beds: 2
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Other, Mixed Flooring
Living Area Total: 1,090 square feet
Price per sq ft: $257
Tax Annual Amount: $1,839
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Other, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Condo/Strata
Association Fee: 349
Number of photos available: 24
Rurl
Coordinates: [47.531672, -52.854394]
Rooms
| Main level | Bedroom Bath (# pieces 1-6) Primary Bedroom Living room Dining room Kitchen Foyer | 12'9""X11'9"" null 7'3""X8'1"" 3pc 12'7""x12'7"" null 15'3""X15'2"" null 12'10""X7'3"" null 8'9""X10'4"" null 5'8""X8'5"" null |
Basic Calculator
First Mortgage: $223,920
Mortgage insurance premium: $0
Total Financing: $223,920
Rough closing fee (1.5%): ~ $4,199
Total downpayment with estimated closing fee: $60,179
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,199 | $14,388 |
| Gross rental income (income/principal ratio) | 0.428% | 5.140% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $350 | $4,200 |
| Vacancy | $60 | $720 |
| Management Fee | $96 | $1,152 |
| Expense / Income Ratio | 29.19% | 29.19% |
| Cash Flow | $694 | $8,328 |
| Net Operating Income (NOI) | $694 | $8,328 |
| Capitalization Rate | 0.25% | 2.98% |
