81 Trenton Drive
Paradise, NL, A1L4B7
4 Beds | 4 Baths
$724,900
About the property (MLS: 1291882):
Welcome to your dream home! This stunning 2-storey property, built by award-winning Viking Carpentry & Construction, backs directly onto the serene Octagon Pond—offering the perfect blend of craftsmanship and tranquility. The main level features a bright, open-concept layout that seamlessly combines style and function, creating an ideal space for entertaining or relaxing. Upstairs, you’ll find 3 spacious bedrooms, including a beautiful primary suite with a walk-in closet and ensuite bath. The 1-bedroom basement apartment provides a fantastic opportunity to offset your mortgage or accommodate extended family. (id:56688)
Property Details
Listing ID: 29024334
Address: 81 Trenton Drive, Paradise, Newfoundland & Labrador, Canada A1L4B7
Status: Active
Last updated: 21 days ago ( Oct 23, 2025 )
Year Built: 2025
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 4
Baths: 4
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,301 square feet
Price per sq ft: $316
Tax Annual Amount: $0
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.523365, -52.888818]
Rooms
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom | 4PC null 10 X 10.6 null 10.8 X 11 null 4PC null 15 X 12.8 null |
| Main level | Bath (# pieces 1-6) Living room Dining nook Kitchen | 2PC null 13 X 12.8 null 11 X 9 null 11 X 11.6 null |
Basic Calculator
First Mortgage: $579,920
Mortgage insurance premium: $0
Total Financing: $579,920
Rough closing fee (1.5%): ~ $10,874
Total downpayment with estimated closing fee: $155,854
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,532 | $30,384 |
| Gross rental income (income/principal ratio) | 0.349% | 4.191% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $907 | $10,884 |
| Vacancy | $127 | $1,520 |
| Management Fee | $203 | $2,431 |
| Expense / Income Ratio | 35.82% | 35.82% |
| Cash Flow | $1,296 | $15,552 |
| Net Operating Income (NOI) | $1,296 | $15,552 |
| Capitalization Rate | 0.18% | 2.15% |
