3 Port Rexton Place
Paradise, NL, A1L4J9
2 Beds | 2 Baths
$399,999
About the property (MLS: 1291320):
Welcome to your new home in the heart of Paradise! This charming 5-year-old single family home is move-in ready and offers the perfect blend of modern comfort, convenience, and future potential—making it a wonderful fit for young families and first-time buyers. The main floor features 2 spacious bedrooms and 2 full bathrooms, including a bright primary bedroom with a walk-in closet and private ensuite for your own little retreat. The second bedroom is generously sized, perfect for kids, guests, or a home office. The open concept living room, dining, and kitchen create a warm, welcoming space filled with natural light—ideal for family dinners, cozy nights in, and entertaining friends. Downstairs, the undeveloped basement provides endless possibilities. Whether it's an additional bedroom, a playroom for the kids, a large rec room, or even another bathroom, this space is ready to be transformed to suit your lifestyle. The home also includes an attached garage, offering convenience and extra storage. Situated in a family-friendly neighborhood, this property is just a short walk to nearby playgrounds and only minutes from schools, shopping, and Topsail Road, ensuring all the essentials are close at hand. If you’re looking for a modern, welcoming home in a fantastic location with room to grow, this one has it all. Don’t miss your chance, book your private showing today and picture yourself starting the next chapter here in Paradise! (id:56688)
Property Details
Listing ID: 28966531
Address: 3 Port Rexton Place, Paradise, Newfoundland & Labrador, Canada A1L4J9
Status: Active
Last updated: a month ago ( Oct 8, 2025 )
Year Built: 2020
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric, Mini-Split
Sewer: Municipal sewage system
Flooring: Laminate, Carpeted, Mixed Flooring
Living Area Total: 1,637 square feet
Price per sq ft: $245
Tax Annual Amount: $2,203
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher, Stove, Microwave
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric, Mini-Split
Flooring: Laminate, Carpeted, Mixed Flooring
Exterior Features: Wood shingles, Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 24
Rurl
Coordinates: [47.531728, -52.902958]
Rooms
| Basement | Laundry room Bedroom Recreation room | 7.2 x 8.5 null 10.8 x 12.11 null 12.11 x 20.4 null |
| Main level | Bath (# pieces 1-6) Bedroom Ensuite Primary Bedroom Not known Living room | 4 PCS null 10 x 11.3 null 3 PCS null 11 x 13 null 12 x 15 null 12.3 x 15.8 null |
Basic Calculator
First Mortgage: $320,000
Mortgage insurance premium: $0
Total Financing: $320,000
Rough closing fee (1.5%): ~ $6,000
Total downpayment with estimated closing fee: $86,000
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,801 | $21,612 |
| Gross rental income (income/principal ratio) | 0.450% | 5.403% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $500 | $6,000 |
| Vacancy | $91 | $1,081 |
| Management Fee | $145 | $1,729 |
| Expense / Income Ratio | 27.76% | 27.76% |
| Cash Flow | $1,067 | $12,804 |
| Net Operating Income (NOI) | $1,067 | $12,804 |
| Capitalization Rate | 0.27% | 3.20% |
