87 Trenton Drive
Paradise, NL, A1L4B7
3 Beds | 2 Baths
$679,900
About the property (MLS: 1287317):
Paradise's newest subdivision, Emerald Ridge, is located in the ever popular and sought after Octagon Pond area and is within walking distance to schools, trails and amenities. Overlooking and backing onto Octagon Pond, this contemporary bungalow with 1390 sqft on the main, is a 3 bed, 2 bath family home, has a great open concept main floor layout, enclosed entry porch, family room, kitchen with large island and access to the raised patio, and central dining space. The master bedroom is at the back with views of Octagon Pond with a walk-in closet and full ensuite, 2 additional bedrooms are located away from the main living space and there will be a full main bath. The basement is walkout for a bright above ground 2 bedroom, 1 bath registered apartment with plenty of extra room for a future recroom and bathroom for the upstairs unit. The exterior will have a covered front deck, double paved driveway, front landscaping included and access to the backyard. Single head mini split heat pump is included and there will be an 8 year LUX New Home Warranty. Purchase price includes HST with rebate back to the builder. (id:56688)
Property Details
Listing ID: 28550636
Address: 87 Trenton Drive, Paradise, Newfoundland & Labrador, Canada A1L4B7
Status: Active
Last updated: 8 days ago ( Jul 3, 2025 )
Year Built: 2025
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
View: View
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Other
Living Area Total: 2,780 square feet
Price per sq ft: $245
Tax Annual Amount: $0
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Other
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 5
Rurl
Coordinates: [47.522843, -52.888898]
Rooms
| Main level | Bedroom Bedroom Ensuite Primary Bedroom Bath (# pieces 1-6) Living room Dining room Kitchen | 12'6x 10'4 null 12'6x9'10 null 3pc 12'6x 12'6 null 4pc 13'2x 13'8 null 13'2x 10' null 18'9x13'2 null |
Basic Calculator
First Mortgage: $543,920
Mortgage insurance premium: $0
Total Financing: $543,920
Rough closing fee (1.5%): ~ $10,199
Total downpayment with estimated closing fee: $146,179
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,059 | $36,708 |
| Gross rental income (income/principal ratio) | 0.450% | 5.399% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $850 | $10,200 |
| Vacancy | $153 | $1,836 |
| Management Fee | $245 | $2,937 |
| Expense / Income Ratio | 27.79% | 27.79% |
| Cash Flow | $1,812 | $21,744 |
| Net Operating Income (NOI) | $1,812 | $21,744 |
| Capitalization Rate | 0.27% | 3.20% |
