5 Marble Avenue
Paradise, NL, A1L0T2
4 Beds | 3 Baths
$489,900
About the property (MLS: 1286070):
This fully developed, meticulously maintained home is located in one of Paradises most desirable communities. With over 1,400 sq ft of main floor living this home delivers a perfect balance of space, modern design and everyday functionality. Step inside to a bright, open-concept main floor that seamlessly connects the inviting living room with propane fireplace and mini split with the stunning kitchen which features sleek cabinetry, a spacious peninsula, a walk-in pantry and heated floors (on all upstair ceramic). The cozy dining nook opens to the backyard creating a seamless flow between indoor and outdoor living. Also on the main level you will find a full bathroom, and 3 bedrooms including the spacious primary which has a walk-in closet and ensuite. The fully developed lower level has a 4th bedroom, full bathroom, laundry room and rec room with surround speakers (which is currently being used for a bedroom). The lower level hallway with second mini split is functional and thoughtfully designed making it an everyday entry point from the garage. The in-house 17x28 garage provides ample space for vehicles, storage or a workshop. The backyard is fully fenced, with a shed and large patio. 5 Marble Avenue has space for the whole family, is close to schools, parks and beautiful walking trails and just minutes from shopping and dining, this home delivers the ideal combination of comfort, convenience and modern living. Don't miss your chance to call this exceptional property home! As per attached Sellers Direction there will be no conveyance of offers prior to 5pm on Monday June 9th, with offers to remain open until 8pm the same day. (id:56688)
Property Details
Listing ID: 28427391
Address: 5 Marble Avenue, Paradise, Newfoundland & Labrador, Canada A1L0T2
Status: Active
Last updated: 6 days ago ( Jun 6, 2025 )
Year Built: 2011
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 3
1/2 Baths: 0
Heating: Electric, Propane
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Mixed Flooring
Fencing: Fence
Living Area Total: 2,000 square feet
Price per sq ft: $245
Tax Annual Amount: $3,500
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Dishwasher, Dryer
Water Source: Municipal water
Heating: Electric, Propane
Flooring: Hardwood, Laminate, Mixed Flooring
Fireplace Features: Insert, Propane
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 43
Rurl
Coordinates: [47.534512, -52.882224]
Rooms
| Lower level | Not known Laundry room Bath (# pieces 1-6) Bedroom Recreation room | 17.6x28.1 null 9.6x7.10 null 3pc 11.2x10.6 null 11.2x18.1 null |
| Main level | Bath (# pieces 1-6) Bath (# pieces 1-6) Primary Bedroom Bedroom Bedroom Kitchen Dining room Living room | 3pc 3pc 14.10x12.2 null 9.4x8.11 null 8.3x11.4 null 15x10 null 11x10 null 18x20 null |
Basic Calculator
First Mortgage: $391,920
Mortgage insurance premium: $0
Total Financing: $391,920
Rough closing fee (1.5%): ~ $7,349
Total downpayment with estimated closing fee: $105,329
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,200 | $26,400 |
| Gross rental income (income/principal ratio) | 0.449% | 5.389% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $613 | $7,356 |
| Vacancy | $110 | $1,320 |
| Management Fee | $176 | $2,112 |
| Expense / Income Ratio | 27.86% | 27.86% |
| Cash Flow | $1,301 | $15,612 |
| Net Operating Income (NOI) | $1,301 | $15,612 |
| Capitalization Rate | 0.27% | 3.19% |
