1 Durrell Drive
Paradise, NL, A1L4J1
3 Beds | 3 Baths
$490,000
About the property (MLS: 1291163):
This brand new single family home is under construction on Durrell Drive in Paradise. This 2 storey home has a beautiful main floor with a covered front deck leading into an enclosed tiled front porch with a coat closet. There is a living room on the front with a large kitchen in the middle and dining on the back. A walk in pantry and 2 piece washroom complete the main floor. Upstairs there are 3 bedrooms, 2 washrooms (one is the ensuite) , laundry and storage. A great new area of Paradise close to many amenities, schools and more! There is still time to pick some finishes. Generous allowances, 10x12 patio on the back, R-50 insulation and a single head mini-split make this home a smart purchase. Being built by Blueprint Homes. Completion is slated for Spring 2026. (id:56688)
Property Details
Listing ID: 28948995
Address: 1 Durrell Drive, Paradise, Newfoundland & Labrador, Canada A1L4J1
Status: Active
Last updated: a day ago ( Jan 23, 2026 )
Year Built: 2025
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric, Mini-Split
Sewer: Municipal sewage system
Flooring: Other, Mixed Flooring
Living Area Total: 2,191 square feet
Price per sq ft: $224
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric, Mini-Split
Flooring: Other, Mixed Flooring
Exterior Features: Wood shingles, Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.550973, -52.893627]
Rooms
| Second level | Bedroom Bedroom Primary Bedroom | 10.4x9.8 null 10.4x10.10 null 13.7x11.8 null |
| Main level | Porch Pantry Living room Dining room Kitchen | 7x5.2 null 13.4x12 null 17.8x10.3 null 21.8x9.9 null |
Basic Calculator
First Mortgage: $392,000
Mortgage insurance premium: $0
Total Financing: $392,000
Rough closing fee (1.5%): ~ $7,350
Total downpayment with estimated closing fee: $105,350
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,411 | $28,932 |
| Gross rental income (income/principal ratio) | 0.492% | 5.904% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $613 | $7,356 |
| Vacancy | $121 | $1,447 |
| Management Fee | $193 | $2,315 |
| Expense / Income Ratio | 25.43% | 25.43% |
| Cash Flow | $1,485 | $17,820 |
| Net Operating Income (NOI) | $1,485 | $17,820 |
| Capitalization Rate | 0.30% | 3.64% |
