24 Merlyn Place
Paradise, NL, A1L1H3
3 Beds | 2 Baths
$349,900
About the property (MLS: 1292000):
Welcome to 24 Merlyn Place, Paradise. 3 Bedroom, 2 Bathroom, situated on a quiet cul-de-sac short distance to Paradise Elementary School, this well maintained home offers comfort, quality, and convenience. The property features a four-car driveway, an attached garage, and a private rear yard surrounded by mature trees. Inside, the home showcases custom built-ins, renovated bathrooms, modern paint choices, and a propane fireplace that adds warmth and charm to the living space. A wonderful opportunity to live in a desirable neighbourhood close to schools, recreation, and all amenities. The Seller(s) hereby directs the listing Brokerage there will be no conveyance of any written signed offers prior to 6 PM on the 30 day of October 2025. The seller further directs that all offers are to remain open for acceptance until 10 PM on the 30 day of October 2025. Conveyance includes but is not limited to presentation, communication, transmission, entertainment or notification of. (id:56688)
Property Details
Listing ID: 29035877
Address: 24 Merlyn Place, Paradise, Newfoundland & Labrador, Canada A1L1H3
Status: Active
Last updated: 17 days ago ( Oct 27, 2025 )
Year Built: 2000
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Propane
Sewer: Municipal sewage system
Flooring: Laminate, Carpeted
Fencing: Fence
Lot Size Area: 5024.6
Living Area Total: 1,732 square feet
Price per sq ft: $203
Tax Annual Amount: $2,200
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Dryer, Microwave
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Propane
Flooring: Laminate, Carpeted
Fireplace Features: Insert, Propane
Exterior Features: Wood shingles, Vinyl siding
Common Interest: Freehold
Number of photos available: 24
Rurl
Coordinates: [47.535016, -52.858034]
Rooms
| Basement | Not known Bedroom Bath (# pieces 1-6) Family room Laundry room | 22'x13' null 11'4''x9'8'' null 9'8''x4'11'' null 16'6''x12'2'' null 9'5''x5'10'' null |
| Other | Porch | 6'7''x6'2'' null |
| Main level | Bedroom Primary Bedroom Bath (# pieces 1-6) Living room/Fireplace Dining room Kitchen | 10'9''x9'1'' null 11'8''x12'4'' null 10'4''x4'11'' null 16'6''x12'7'' null 10'5''x7'5'' null 10'5''x11'6'' null |
Basic Calculator
First Mortgage: $279,920
Mortgage insurance premium: $0
Total Financing: $279,920
Rough closing fee (1.5%): ~ $5,249
Total downpayment with estimated closing fee: $75,229
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,906 | $22,872 |
| Gross rental income (income/principal ratio) | 0.545% | 6.537% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $438 | $5,256 |
| Vacancy | $96 | $1,144 |
| Management Fee | $153 | $1,830 |
| Expense / Income Ratio | 22.98% | 22.98% |
| Cash Flow | $1,221 | $14,652 |
| Net Operating Income (NOI) | $1,221 | $14,652 |
| Capitalization Rate | 0.35% | 4.19% |
