30 Carol Crescent
Paradise, NL, A1L4K1
5 Beds | 4 Baths
$499,900
About the property (MLS: 1292978):
Unbelievable value in this brand new, semi-detached, 2-apartment home in the quickly developing Jonathan Park neighborhood in Paradise. Built with high-performance Insulated Concrete Form (ICF), this property offers excellent energy efficiency, soundproofing, and long-term durability, providing lower power bills and a quieter, more comfortable home. The main unit spans two storeys with a bright, open-concept layout connecting the living room, dining room, and kitchen—an ideal setup for entertaining and everyday family living. The kitchen features a walk-in pantry, and the main floor also includes a large laundry room and a convenient half bath. Upstairs, the primary bedroom includes a spacious walk-in closet and an upgraded three-piece ensuite with a custom tiled shower. Two additional generously sized bedrooms and a full main bathroom complete the upper level, offering plenty of room for family and guests. The self-contained apartment is located at ground level with no stairs and has an inviting open kitchen and living area with oversized front windows designed to bring in natural light. It’s a bright, modern space suitable for tenants or extended family. The property includes a fully grassed rear yard and modern interior and exterior finishes throughout. ICF construction adds significant long-term value and energy savings. Located in a family-friendly Paradise neighborhood close to schools, parks, and amenities, this home is a fantastic opportunity for investors or homeowners seeking additional rental income. (id:56688)
Property Details
Listing ID: 29145178
Address: 30 Carol Crescent, Paradise, Newfoundland & Labrador, Canada A1L4K1
Status: Active
Last updated: 2 months ago ( Nov 28, 2025 )
Year Built: 2025
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 4
1/2 Baths: 1
Heating: Baseboard heaters, Electric, Mini-Split
Sewer: Municipal sewage system
Flooring: Laminate, Marble, Ceramic, Mixed Flooring
Living Area Total: 2,295 square feet
Price per sq ft: $218
Tax Annual Amount: $0
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: Baseboard heaters, Electric, Mini-Split
Flooring: Laminate, Marble, Ceramic, Mixed Flooring
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 28
Rurl
Coordinates: [47.551493, -52.886348]
Rooms
| Lower level | Not known Not known Bath (# pieces 1-6) Not known Not known Not known | 11 x 9.5 null 11 x 9.5 null 9 x 9 null 9 x 6 null 13.5 x 11 null 14 x 10 null |
| Second level | Bedroom Bedroom Bath (# pieces 1-6) Ensuite Primary Bedroom | 11 x 11 null 11 x 11 null 8 x 8 null 9.5 x 6 null 13 x 11.5 null |
| Main level | Bath (# pieces 1-6) Laundry room Kitchen Dining room Living room | 1/2 null 11 x 6 null 12 x 14 null 11 x 11 null 13 x 14 null |
Basic Calculator
First Mortgage: $399,920
Mortgage insurance premium: $0
Total Financing: $399,920
Rough closing fee (1.5%): ~ $7,499
Total downpayment with estimated closing fee: $107,479
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,525 | $30,300 |
| Gross rental income (income/principal ratio) | 0.505% | 6.061% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $625 | $7,500 |
| Vacancy | $127 | $1,515 |
| Management Fee | $202 | $2,424 |
| Expense / Income Ratio | 24.75% | 24.75% |
| Cash Flow | $1,572 | $18,864 |
| Net Operating Income (NOI) | $1,572 | $18,864 |
| Capitalization Rate | 0.31% | 3.77% |
