43 Glendarek Drive
Paradise, NL, A1L1V7
5 Beds | 5 Baths
$775,000
About the property (MLS: 1291352):
Welcome to 43 Glendarek Drive. This executive home is situated on an oversized lot in the highly desired Adams Pond area. With well over 4000 square feet of fully developed living space and a quarter of an acre of land this property is a rare find. The entry features a spacious front foyer boasting ceramic tile, large closet and double doors. The main floor features an open concept design with modern kitchen featuring quartz countertops, pot filler, oversized island, and walk-in pantry. The kitchen opens to the dining area offering ample room to entertain, while the living room includes a propane fireplace and a custom floor to ceiling built in entertainment unit. The double patio doors lead to the large deck and rear yard where southern exposure creates the perfect place to enjoy sunrises and sunsets. The main floor also has an additional large family room. Upstairs you will find the oversized primary bedroom featuring a massive walk-in closet, ensuite with jacuzzi tub, custom shower and concealed access to toilet. The remainder of the second floor is comprised of 2 more bedrooms, both with walk-in closets and ensuites, laundry, and office that could be utilized as a fourth bedroom. In the fully developed basement you will enjoy a custom wet bar, large rec room, 2 more bedrooms, full bath and access to rear yard. This property is complete with a fully landscaped lot, stamped concrete, heat pump, indoor and outdoor surround sound, pot-lights, 9ft ceilings, upgraded trim package and high end finishes throughout. There is an attached and detached detached garage with rear access. This home offers executive living in the heart of Paradise. What are you waiting for? Arrange your viewing today!! (id:56688)
Property Details
Listing ID: 28976270
Address: 43 Glendarek Drive, Paradise, Newfoundland & Labrador, Canada A1L1V7
Status: Active
Last updated: 10 days ago ( Nov 4, 2025 )
Year Built: 2014
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 5
Baths: 5
1/2 Baths: 1
Heating: Heat Pump, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Carpeted, Mixed Flooring
Fencing: Fence
Living Area Total: 4,399 square feet
Price per sq ft: $177
Tax Annual Amount: $5,654
Tax Year: 2025
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Dishwasher
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Heat Pump, Electric
Flooring: Hardwood, Carpeted, Mixed Flooring
Fireplace Features: Insert, Propane
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 46
Rurl
Coordinates: [47.531188, -52.884534]
Rooms
| Basement | Bedroom Recreation room Mud room Bedroom | 12.60x10 null 27x24 null 5x5 null 12.60x12 null |
| Second level | Other Bedroom Laundry room Bedroom Primary Bedroom | 10.40x9 null 17.60x11 null 10x9.60 null 12.60x12 null 20x13 null |
| Main level | Utility room Kitchen Living room Family room/Fireplace Dining room Porch | 9.70x8 null 16x13.60 null 17x13 null 17.80x15 null 12x14 null 5x6 null |
Basic Calculator
First Mortgage: $620,000
Mortgage insurance premium: $0
Total Financing: $620,000
Rough closing fee (1.5%): ~ $11,625
Total downpayment with estimated closing fee: $166,625
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $4,839 | $58,068 |
| Gross rental income (income/principal ratio) | 0.624% | 7.493% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $969 | $11,628 |
| Vacancy | $242 | $2,904 |
| Management Fee | $388 | $4,646 |
| Expense / Income Ratio | 20.02% | 20.02% |
| Cash Flow | $3,241 | $38,892 |
| Net Operating Income (NOI) | $3,241 | $38,892 |
| Capitalization Rate | 0.42% | 5.02% |
