1543 Topsail Road Unit#9
Paradise, NL, A1L1R2
2 Beds | 1 Bath
$175,000
About the property (MLS: 1286720):
"Here it is, folks—a golden opportunity you won’t want to miss! Whether you’re an investor hunting for the perfect rental property or looking to downsize in style, this stunning 2-bedroom condo in the heart of Paradise is calling your name! Step inside and be wowed by a bright working kitchen and dining area that’s perfect for whipping up meals or hosting friends. Just off the dining space, you’ll find a sleek 4-piece bathroom that’s as stylish as it is functional. Tucked away in a private closet nearby, your very own laundry setup keeps things convenient and clutter-free. Venture further and sink into the spacious living room, ideal for cozy nights or lively gatherings. The Primary bedroom? It’s a sun-soaked haven with large windows that flood the space with natural light, creating a warm and inviting vibe. The second bedroom is currently rocking a setup as a chic office or workout space, but it’s versatile enough to transform into a cozy kid’s room or guest retreat. This condo is the perfect blend of comfort, style, and opportunity—whether you’re building your rental empire or settling into a low-maintenance lifestyle. Don’t wait—this gem won’t last long! Call today to book your tour and seize this incredible find!" Call Dave or Kelly for a private viewing. The bathroom has a bidet and very nice anti-steam soft light mirror. Fresly painted through out and ready to occupy. Pet friendly building (Up to 30 lbs) and the building backs onto Neils pond which is fabulous for evening trail-walks around the pond. Vacant and ready to go. (id:56688)
Property Details
Listing ID: 28499395
Address: 1543 Topsail Road Unit#9, Paradise, Newfoundland & Labrador, Canada A1L1R2
Status: Active
Last updated: 16 days ago ( Jun 24, 2025 )
Year Built: 1985
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
Living Area Total: 770 square feet
Price per sq ft: $228
Tax Annual Amount: $1,300
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate
Exterior Features: Other
Common Interest: Condo/Strata
Association Fee: 417
Number of photos available: 13
Rurl
Coordinates: [47.531311, -52.865185]
Rooms
| Main level | Bedroom Primary Bedroom Laundry room Porch Kitchen Living room | 11-9 x 7-6 null 12-4 x 10-2 null 3 x 8 null 4 x 6 null 9-6 x 7-6 null 13 x 12 null |
Basic Calculator
First Mortgage: $140,000
Mortgage insurance premium: $0
Total Financing: $140,000
Rough closing fee (1.5%): ~ $2,625
Total downpayment with estimated closing fee: $37,625
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $848 | $10,176 |
| Gross rental income (income/principal ratio) | 0.485% | 5.815% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $219 | $2,628 |
| Vacancy | $43 | $509 |
| Management Fee | $68 | $815 |
| Expense / Income Ratio | 25.83% | 25.83% |
| Cash Flow | $519 | $6,228 |
| Net Operating Income (NOI) | $519 | $6,228 |
| Capitalization Rate | 0.30% | 3.56% |
