22 Stormont Street
Paradise, NL, A1E0E6
4 Beds | 3 Baths
$399,900
About the property (MLS: 1291580):
Welcome to 22 Stormont Street. This meticulously cared-for home offers the perfect combination of space, efficiency, and location in a family-friendly area of Paradise. Featuring 3+1 bedrooms, it’s ideal for families or those needing extra space for guests, hobbies, or a home office. The fully developed basement provides a large rec room, additional bedroom, office and ample storage. Enjoy the convenience of rear yard vehicle access and a 18 x 20 detached garage, offering great functionality for vehicles or recreational gear. The property backs onto green space, providing added privacy and a natural backdrop. Built with quality in mind, this home features 100% plywood construction and energy-efficient upgrades, ensuring long-term durability and lower utility costs. Located close to schools, trails, and all essential amenities, this move-in-ready home is a solid investment in comfort and quality. Book your private viewing today! No conveyance of offers prior to 4:00pm on October 21, 2025. Offers to remain open for acceptance until 9:00pm on October 21, 2025. (id:56688)
Property Details
Listing ID: 28997511
Address: 22 Stormont Street, Paradise, Newfoundland & Labrador, Canada A1E0E6
Status: Active
Last updated: 25 days ago ( Oct 19, 2025 )
Year Built: 2006
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric, Propane, Mini-Split
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Carpeted, Ceramic Tile
Living Area Total: 2,035 square feet
Price per sq ft: $197
Tax Annual Amount: $2,440
Tax Year: 2025
Garage? Yes
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher, Stove, Microwave, Alarm System
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric, Propane, Mini-Split
Flooring: Hardwood, Laminate, Carpeted, Ceramic Tile
Fireplace Features: Insert, Propane
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 27
Rurl
Coordinates: [47.536847, -52.876243]
Rooms
| Basement | Mud room Bath (# pieces 1-6) Laundry room Bedroom Office Family room | 13.10 x 12.7 null 5.10 x 8.2 null 5.11 x 7.7 null 9.6 x 9.10 null 10.9 x 12.6 null 18.1 x 12.6 null |
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom Dining room Kitchen Living room/Fireplace | 8 x 5.8 null 9.3 x 11.4 null 9.5 x 11.2 null 8.4 x 5.1 null 12.4 x 12.5 null 6.11 x 11.6 null 9.6 x 11.6 null 11.4 x 16.5 null |
Basic Calculator
First Mortgage: $319,920
Mortgage insurance premium: $0
Total Financing: $319,920
Rough closing fee (1.5%): ~ $5,999
Total downpayment with estimated closing fee: $85,979
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,239 | $26,868 |
| Gross rental income (income/principal ratio) | 0.560% | 6.719% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $500 | $6,000 |
| Vacancy | $112 | $1,344 |
| Management Fee | $180 | $2,150 |
| Expense / Income Ratio | 22.33% | 22.33% |
| Cash Flow | $1,448 | $17,376 |
| Net Operating Income (NOI) | $1,448 | $17,376 |
| Capitalization Rate | 0.36% | 4.35% |
