About the property (MLS: 1291895):
Welcome to 3 Ranger Avenue, a cozy bungalow with an in-law apartment. The main floor highlights an open concept living room, dining room & kitchen area with direct access to the back patio from the kitchen. Also on the main we have 2 comfortable sized bedrooms and main bath. In the basement locates a spacious laundry room with room for storage. Also, on the lower level we have an in-law suite with bedroom, full bath and large living area that is currently functioning like a studio apartment. While this space is currently used as in in-law suite, it could easily be converted back to a full single family home. Another notable mention is the dual driveways that bring convenience and privacy. Recent updates include new shingles installed this year, ensuring peace of mind for years to come. Don’t miss this wonderful opportunity. There will be no conveyance of any written signed offers prior to 5PM on the 28th day of October 2025. The seller further directs that all offers are to remain OPEN for acceptance until 10PM on the 28th day of October 2025. (id:56688)
Property Details
Listing ID: 29025342
Address: 3 Ranger Avenue, Paradise, Newfoundland & Labrador, Canada A1L1J6
Status: Active
Last updated: 21 days ago ( Oct 23, 2025 )
Year Built: 2002
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: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Other
Living Area Total: 1,848 square feet
Price per sq ft: $184
Tax Annual Amount: $2,124
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Dishwasher
Water Source: Municipal water
Foundation Details: Wood, Poured Concrete
Heating: Electric
Flooring: Laminate, Other
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 29
Rurl
Coordinates: [47.534894, -52.853675]
Rooms
| Basement | Laundry room Bedroom Kitchen Family room | 7.9x8.8 null 8.8x10.1 null 17.1x10.5 null 14.2x17.9 null |
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Kitchen Living room | 7.9x5.1 null 8.1x13.1 null 11x8.1 null 15.2x10.5 null 10.8x18.9 null 10.8x18.9 null |
Basic Calculator
First Mortgage: $271,920
Mortgage insurance premium: $0
Total Financing: $271,920
Rough closing fee (1.5%): ~ $5,099
Total downpayment with estimated closing fee: $73,079
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,033 | $24,396 |
| Gross rental income (income/principal ratio) | 0.598% | 7.177% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $425 | $5,100 |
| Vacancy | $102 | $1,220 |
| Management Fee | $163 | $1,952 |
| Expense / Income Ratio | 20.91% | 20.91% |
| Cash Flow | $1,344 | $16,128 |
| Net Operating Income (NOI) | $1,344 | $16,128 |
| Capitalization Rate | 0.40% | 4.74% |































