17 Quantum Drive
Paradise, NL, A1L0V6
5 Beds | 4 Baths
$585,000
About the property (MLS: 1286256):
Welcome to 17 Quantum Drive! This nearly new, 2-storey home sits in the ever popular Adams Pond subdivision of Paradise, near schools, daycares, walking trails, and plenty of day to day amenities. Upon entry, you're first greeted by a spacious, enclosed foyer which leads to the main floor featuring a living room to the front of the home that would also be a great space for a separate play area for the kids. Moving through the hall you'll find an open concept family room with fireplace, dining room, and kitchen design that is perfect for entertaining or family time. The kitchen is ideal & boasts cabinetry to the ceiling, centre island breakfast bar, stainless steel appliances, and a walk-in pantry! The patio doors off the dining room provide easy access to the rear deck making those evening barbecues a breeze. For added convenience, the main floor also includes a half bathroom. Moving upstairs, this family friendly home boasts 4 bedrooms on the second floor - a rare find! The primary bedroom includes both a walk-in closet and beautiful ensuite bathroom. This level also locates the main bathroom and second floor laundry - a huge bonus! The fully developed basement is the perfect place for guests or an older child as it includes a rec room, 5th bedroom, and full bath, plus a bonus room currently used as a gym, and utility/storage area. Outside, the rear yard includes a spacious patio and plenty of space for play or entertaining. The driveway is paved and can hold 3 cars with ease and this home has also been wired for a hot tub. An attached garage makes for even more storage space or a convenient escape from the winter weather. Space for the whole family, a fantastic neighbourhood, and a move-in ready home? What are you waiting for? (id:56688)
Property Details
Listing ID: 28456837
Address: 17 Quantum Drive, Paradise, Newfoundland & Labrador, Canada A1L0V6
Status: Active
Last updated: 19 days ago ( Jun 12, 2025 )
Year Built: 2022
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 5
Baths: 4
1/2 Baths: 1
Heating: Electric, Wood
Sewer: Municipal sewage system
Flooring: Laminate, Carpeted, Ceramic Tile, Mixed Flooring
Living Area Total: 3,250 square feet
Price per sq ft: $180
Tax Annual Amount: $4,817
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric, Wood
Flooring: Laminate, Carpeted, Ceramic Tile, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 49
Rurl
Coordinates: [47.538589, -52.889581]
Rooms
| Basement | Bath (# pieces 1-6) Utility room Not known Bedroom Recreation room | 7.7x5.2 4PC null 7.8x9.6 null 13.8x12.4 null 11.0x9.8 null 11.0x12.8 null |
| Second level | Laundry room Bath (# pieces 1-6) Bedroom Bedroom Bedroom Ensuite Primary Bedroom | 4PC null 11.10x12.4 null 14.1x10.8 null 11.8x11.11 null 4PC null 15.0x15.0 null |
| Main level | Bath (# pieces 1-6) Dining room Not known Kitchen Living room Foyer | 2PC null 9.3x11.0 null 7.8x5.4 null 14.5x15.9 null 15.8x11.10 null 7.4x9.0 null |
Basic Calculator
First Mortgage: $468,000
Mortgage insurance premium: $0
Total Financing: $468,000
Rough closing fee (1.5%): ~ $8,775
Total downpayment with estimated closing fee: $125,775
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,576 | $42,912 |
| Gross rental income (income/principal ratio) | 0.611% | 7.335% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $732 | $8,784 |
| Vacancy | $179 | $2,146 |
| Management Fee | $287 | $3,433 |
| Expense / Income Ratio | 20.47% | 20.47% |
| Cash Flow | $2,380 | $28,560 |
| Net Operating Income (NOI) | $2,380 | $28,560 |
| Capitalization Rate | 0.41% | 4.88% |
