29 Stokes Road
Paradise, NL, A1L2E8
3 Beds | 4 Baths
$995,000
About the property (MLS: 1286017):
Located in Paradise, NL, this property at 29 Stokes Rd combines modern design and nature with urban living. Here, you're not just buying a house; you're investing in a lifestyle. As you enter, you're greeted by an open-concept living area with expansive floor-to-ceiling windows that frame breathtaking water views. The gourmet kitchen boasts dark cabinetry, state-of-the-art appliances, and a generous island with ample seating – perfect for entertaining or casual family dinners. The main floor has 1 of 3 bedrooms, with a full bathroom and laundry. Also situated on the main floor is a 3 piece powder room with custom shower and a built in sauna. The second floor’s spacious primary suite, provides picturesque views of the pond, in suite laundry, a stunning en-suite with a custom shower and option for future patio. The second bedroom also boasts stunning views, its own en-suite and option for future patio. The property's design also extends to practical aspects, with 2 laundry rooms and attached garage. Heating is a modern in-floor electric/hot water system through the non-carpet areas, complimented by ductless heat pumps and a propane fireplace. This home is effectively 3 years old after a substantial architectural makeover, all new electrical, plumbing, siding, shingles, windows and much more. The main living area is a prime example of modern clean architecture, providing seamless views and enjoyment of the pond and the in-patio swim spa on the edge of the pond. (id:56688)
Property Details
Listing ID: 28420232
Address: 29 Stokes Road, Paradise, Newfoundland & Labrador, Canada A1L2E8
Status: Active
Last updated: 8 days ago ( Jun 5, 2025 )
Year Built: 1987
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 3
Baths: 4
1/2 Baths: 1
Heating: Baseboard heaters
Sewer: Septic tank
Flooring: Carpeted, Ceramic Tile, Mixed Flooring
Living Area Total: 2,013 square feet
Price per sq ft: $495
Tax Annual Amount: $4,410
Tax Year: 2025
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 1
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher, Alarm System, Cooktop
Water Source: Dug Well
Heating: Baseboard heaters
Flooring: Carpeted, Ceramic Tile, Mixed Flooring
Common Interest: Freehold
Number of photos available: 42
Rurl
Coordinates: [47.505133, -52.895908]
Rooms
| Second level | Ensuite Bedroom Laundry room Ensuite Primary Bedroom | 3 Piece null 14'3x12'3 null In Primary null 4 Piece null 15'11x14'/9'x13 null |
| Main level | Laundry room Not known Office Bedroom Bath (# pieces 1-6) Bath (# pieces 1-6) Foyer Kitchen Living room/Dining room | 19'10x18'7 null Sauna null 14'8x9'9 null 4 Piece null 2p Powder null 22'1x12'2 null 22'1x16'2 null |
Basic Calculator
First Mortgage: $796,000
Mortgage insurance premium: $0
Total Financing: $796,000
Rough closing fee (1.5%): ~ $14,925
Total downpayment with estimated closing fee: $213,925
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,215 | $26,580 |
| Gross rental income (income/principal ratio) | 0.223% | 2.671% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $1,244 | $14,928 |
| Vacancy | $111 | $1,329 |
| Management Fee | $178 | $2,127 |
| Expense / Income Ratio | 56.16% | 56.16% |
| Cash Flow | $684 | $8,208 |
| Net Operating Income (NOI) | $684 | $8,208 |
| Capitalization Rate | 0.07% | 0.82% |
