21 Colorado Street
Paradise, NL, A1L4M1
3 Beds | 2 Baths
$529,900
About the property (MLS: 1291526):
Welcome to this stunning raised bungalow with garage, offering a bright, open concept layout perfect for modern living. Located in sought after fairview estates, surrounded by walking trails, ponds and all major amenities. The spacious Living/kitchen area features a large dining nook surrounded by windows, filling the space with lots of natural light, ideal for family gatherings and entertaining, it also has a island, backsplash and pantry. The main level has 3 bedrooms including the primary which has a walk-in closet and ensuite. The in-house 16x23 garage is conveniently located just off the foyer offering easy access, ample parking and plenty of storage space. Also included is front and side landscaping, double paved driveway and a 10x12 patio. The home is FULL PLYWOOD BUILD and is also backed by a 10 year Atlantic New Home Warranty Program and one year warranty with the builder Cardinal Construction Limited! (id:56688)
Property Details
Listing ID: 28991768
Address: 21 Colorado Street, Paradise, Newfoundland & Labrador, Canada A1L4M1
Status: Active
Last updated: a month ago ( Oct 15, 2025 )
Year Built: 2025
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
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, Ceramic Tile
Living Area Total: 2,252 square feet
Price per sq ft: $236
Tax Annual Amount: $0
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 1
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Ceramic Tile
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.521342, -52.897099]
Rooms
| Lower level | Not known Foyer | 23x16 null 8x10 null |
| Main level | Ensuite Primary Bedroom Bedroom Bedroom Bath (# pieces 1-6) Living room Kitchen Dining nook | 3pc 11.6x14.6 null 10x12 null 12x11 null 3pc 16x12 null 12x11 null 10x17 null |
Basic Calculator
First Mortgage: $423,920
Mortgage insurance premium: $0
Total Financing: $423,920
Rough closing fee (1.5%): ~ $7,949
Total downpayment with estimated closing fee: $113,929
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,478 | $29,736 |
| Gross rental income (income/principal ratio) | 0.468% | 5.612% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $663 | $7,956 |
| Vacancy | $124 | $1,487 |
| Management Fee | $199 | $2,379 |
| Expense / Income Ratio | 26.76% | 26.76% |
| Cash Flow | $1,493 | $17,916 |
| Net Operating Income (NOI) | $1,493 | $17,916 |
| Capitalization Rate | 0.28% | 3.38% |
