1108 Kenmount Road Unit#202
Paradise, NL, A1L1N3
$250,000
About the property (MLS: 1288479):
An excellent opportunity to secure prime commercial space in the heart of Paradise’s growing business district. This 1200 sq ft unit offers a clean, open layout ready for customization to suit your business needs. Located in a well maintained commercial complex with strong traffic exposure, this space is ideal for owner-occupiers or investors looking to capitalize on the area’s rapid development. With full municipal services, multiple signage options, and easy access to major routes, this property delivers both convenience and long-term potential in a sought after location. (id:56688)
Property Details
Listing ID: 28665190
Address: 1108 Kenmount Road Unit#202, Paradise, Newfoundland & Labrador, Canada A1L1N3
Status: Active
Last updated: 3 months ago ( Aug 5, 2025 )
Property Type: Retail
Structure Type: Other
Ownership Type: Freehold
Heating: Electric, Mini-Split
Flooring: Laminate, Mixed Flooring
Living Area Total: 1,200 square feet
Price per sq ft: $209
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Heating: Electric, Mini-Split
Flooring: Laminate, Mixed Flooring
Common Interest: Freehold
Business Type: Industrial, Other, Retail and Wholesale
Number of photos available: 21
Rurl
Coordinates: [47.525216, -52.853372]
Rooms
Basic Calculator
First Mortgage: $200,000
Mortgage insurance premium: $0
Total Financing: $200,000
Rough closing fee (1.5%): ~ $3,750
Total downpayment with estimated closing fee: $53,750
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,320 | $15,840 |
| Gross rental income (income/principal ratio) | 0.528% | 6.336% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $313 | $3,756 |
| Vacancy | $66 | $792 |
| Management Fee | $106 | $1,268 |
| Expense / Income Ratio | 23.71% | 23.71% |
| Cash Flow | $836 | $10,032 |
| Net Operating Income (NOI) | $836 | $10,032 |
| Capitalization Rate | 0.33% | 4.01% |
