About the property (MLS: 1291808):
Welcome to this stunning, large 2-apartment home in beautiful Paradise, offering space, style, and versatility for today’s modern living. Situated on a generous lot, this property features a detached garage with its own 100-amp service—perfect for hobbyists, storage, or a workshop. Step inside the main unit, where you’re greeted by an abundance of natural light and a warm, open layout. The spacious kitchen boasts a dine-up peninsula and flows seamlessly into the dining area and living room, which is complete with an accent fireplace wall that adds a touch of elegance. From the kitchen, walk out to your patio, ideal for entertaining or relaxing outdoors. Also upstairs, you’ll find three generous bedrooms, including a luxurious primary suite with a soaker tub and stand-up shower. The main unit also offers a rec room with a half bath on the lower level—perfect for extra living space or guests. The apartment is equally impressive, featuring a bright, open-concept layout with two bedrooms and one bathroom. Whether you’re looking for a smart investment or room for extended family, this home offers endless potential and quality throughout. (id:56688)
Property Details
Listing ID: 29015411
Address: 6 Ashlen Crescent, Paradise, Newfoundland & Labrador, Canada A1L3G1
Status: Active
Last updated: 23 days ago ( Oct 21, 2025 )
Year Built: 2014
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 4
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Mixed Flooring
Living Area Total: 2,560 square feet
Price per sq ft: $204
Tax Annual Amount: $2,834
Garage? Yes
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 40
Rurl
Coordinates: [47.545432, -52.892734]
Rooms
| Basement | Bath (# pieces 1-6) Bedroom Bedroom Living room Not known Bath (# pieces 1-6) Family room | 4 pcs 11.6 x 9.6 null 11.6 x 12.0 null 8.5 x 12.11 null 17 x 12.8 null 2 pcs 13 x 13.9 null |
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom Dining nook Kitchen Living room Foyer | 4 pcs 12.0 x 10.6 null 11.6 x 11.0 null 4 pcs 12.0 x 15.0 null 14.0 x 9.0 null 10.0 x 10.0 null 17.0 x 12.0 null 8.6 x 5.6 null |
Basic Calculator
First Mortgage: $415,920
Mortgage insurance premium: $0
Total Financing: $415,920
Rough closing fee (1.5%): ~ $7,799
Total downpayment with estimated closing fee: $111,779
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,816 | $33,792 |
| Gross rental income (income/principal ratio) | 0.542% | 6.500% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $650 | $7,800 |
| Vacancy | $141 | $1,690 |
| Management Fee | $226 | $2,704 |
| Expense / Income Ratio | 23.08% | 23.08% |
| Cash Flow | $1,800 | $21,600 |
| Net Operating Income (NOI) | $1,800 | $21,600 |
| Capitalization Rate | 0.35% | 4.15% |










































