About the property (MLS: 1292577):
Welcome to 29 Ashgrove Drive, a charming and well kept home perfectly located in one of Paradise's most convenient neighborhoods! This lovely2 bedroom , 1 bath property features a bright open layout with a full open basement ready for your personal touch. Whether your dreaming of a spacious family room, home gym, or an in-law suite, the possibilities are endless - and with a walk-out to the backyard, development will be a breeze. Outside you'll find a great detached garage - ideal for storing all your toys, from quads, motorcycle, to tools and equipment. The garage is fully serviced with its own meter for heat and lights. Enjoy the ease of living close to all amenities in Elizabeth Park including drugstore, grocery stores, entertainment spots. Families will love being steps away from the community playground making this the perfect location for convenience and lifestyle. As per seller's direction no conveyance of offers until 4:30 PM Sunday November 16th. All offers to be open until 9:30 PM Sunday November 16th. (id:56688)
Property Details
Listing ID: 29114913
Address: 29 Ashgrove Drive, Paradise, Newfoundland & Labrador, Canada A1L1G1
Status: Active
Last updated: 2 months ago ( Nov 24, 2025 )
Year Built: 1996
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Marble, Ceramic
Living Area Total: 1,600 square feet
Price per sq ft: $197
Tax Annual Amount: $2,081
Tax Year: 2024
Garage? Yes
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Hardwood, Marble, Ceramic
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 26
Rurl
Coordinates: [47.53593, -52.840026]
Rooms
| Main level | Living room Bedroom Bedroom Kitchen | 11x12 null 9.6x9 null 10x 14.5 null 11x17 null |
Basic Calculator
First Mortgage: $252,000
Mortgage insurance premium: $0
Total Financing: $252,000
Rough closing fee (1.5%): ~ $4,725
Total downpayment with estimated closing fee: $67,725
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,761 | $21,132 |
| Gross rental income (income/principal ratio) | 0.559% | 6.709% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $394 | $4,728 |
| Vacancy | $89 | $1,057 |
| Management Fee | $141 | $1,691 |
| Expense / Income Ratio | 22.37% | 22.37% |
| Cash Flow | $1,139 | $13,668 |
| Net Operating Income (NOI) | $1,139 | $13,668 |
| Capitalization Rate | 0.36% | 4.34% |




























