About this propertyMLS® 1297109
End unit town home in a quiet Paradise subdivision. Two bedroom home complete with a living room with an electric fireplace, a dining room and kitchen, a main floor laundry and two full bathrooms including a three piece ensuite. Downstairs can be developed with a recreation room, a third bedroom and a full bathroom. HST included in purchase price when purchased as a principal residence. Purchasers to assign the GST rebate back to the Vendor on closing. (id:56688)
Property details
MLS®1297109
Listing ID29707261
Address29 Tulip Ridge Boulevard, Paradise, Newfoundland & Labrador, Canada A1L4N7
StatusActive
Last updated3 months ago ( Jul 31, 2026 )
Year Built2026
Property TypeSingle Family
Architectural StyleBungalow
Structure TypeHouse
Number of stories1
Beds2
Baths2
HeatingBaseboard heaters, Electric
SewerMunicipal sewage system
FlooringOther
Living Area Total2,000 square feet
Price per sq ft: $220Tax Annual Amount$3,256
Tax Year2026
GarageNo
Attached GarageNo
Garage Spaces2
Water SourceMunicipal water
RoofFiberglass, Unknown
Foundation DetailsPoured Concrete
HeatingBaseboard heaters, Electric
FlooringOther
Exterior FeaturesVinyl siding
Common InterestFreehold
Number of photos available3
RurlCoordinates: [47.522515, -52.890576]
Rooms
| Main level | Laundry room Bath (# pieces 1-6) Bedroom Ensuite Primary Bedroom Kitchen Dining room Living room | 5.75 x 9.85 4 Pce 7.75 x 10.85 3 Pce 11.1 x 12.65 10.5 x 11.65 6.45 x 11.65 11.65 x 13.45 |
Basic Calculator
First Mortgage: $351,920
Mortgage insurance premium: $0
Total Financing: $351,920
Rough closing fee (1.5%): ~ $6,599
Total downpayment with estimated closing fee: $94,579
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $0 | $0 |
| Gross rental income (income/principal ratio) | 0.000% | 0.000% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $550 | $6,600 |
| Vacancy | $0 | $0 |
| Management Fee | $0 | $0 |
| Expense / Income Ratio | Infinity% | Infinity% |
| Cash Flow | $-550 | $-6,600 |
| Net Operating Income (NOI) | $-550 | $-6,600 |
| Capitalization Rate | -0.13% | -1.50% |
Capitalization Rate: -1.50%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $628,429
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