15 Port Rexton Place
Paradise, NL, A1A0N5
5 Beds | 4 Baths
$569,000
About the property (MLS: 1293278):
This is a mere listing. (Private Sale) If you are viewing this listing on realtor.ca and would like additional information and/or arrange a viewing, please click on the "MORE INFORMATION" button immediately below the "PROPERTY SUMMARY" to obtain the developer's contact information. Welcome to 15 Port Rexton Place, a well-appointed two-apartment home located in the desirable community of Paradise. This property represents the last remaining new build on a quiet cul-de-sac, offering a rare opportunity in an established and family-friendly neighbourhood. The main unit features a bright, open-concept layout with spacious living, dining, and kitchen areas designed for both comfort and functionality. The home includes three well-sized bedrooms and two and a half bathrooms, providing ample space for family living. The basement level offers a dedicated rec room with a powder room as part of the main unit, adding valuable additional living space. A self-contained two-bedroom basement apartment provides excellent income potential or flexible options for extended family living. Conveniently located close to schools, walking trails, and amenities, this property is well suited for owner-occupiers, investors, or multi-generational households seeking a new construction home in a quiet setting. Presently Under Construction - Ready In 120 Days (id:56688)
Property Details
Listing ID: 29186247
Address: 15 Port Rexton Place, Paradise, Newfoundland & Labrador, Canada A1A0N5
Status: Active
Last updated: a month ago ( Dec 15, 2025 )
Year Built: 2025
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 4
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,780 square feet
Price per sq ft: $205
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher, Stove, Microwave
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 3
Rurl
Coordinates: [47.531291, -52.902604]
Rooms
| Basement | Recreation room Bath (# pieces 1-6) Bath (# pieces 1-6) Bedroom Bedroom Living room Dining room Kitchen | 13.11 x 12.4 null 2pc 4pc 10.0 x 11.0 null 10.6 x 11.0 null 13.11 x 12.4 null 8.0 x 9.0 null 13.11 x 12.4 null |
| Main level | Bath (# pieces 1-6) Ensuite Bedroom Bedroom Primary Bedroom Living room Dining room Kitchen | 4pc 4pc 10.1 x 11.6 null 14.4 x 9.6 null 14.7 x 12.0 null 14.7 x 14.7 null 12.6 x 8.0 null 12.6 x 12.0 null |
Basic Calculator
First Mortgage: $455,200
Mortgage insurance premium: $0
Total Financing: $455,200
Rough closing fee (1.5%): ~ $8,535
Total downpayment with estimated closing fee: $122,335
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,059 | $36,708 |
| Gross rental income (income/principal ratio) | 0.538% | 6.451% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $712 | $8,544 |
| Vacancy | $153 | $1,836 |
| Management Fee | $245 | $2,937 |
| Expense / Income Ratio | 23.28% | 23.28% |
| Cash Flow | $1,950 | $23,400 |
| Net Operating Income (NOI) | $1,950 | $23,400 |
| Capitalization Rate | 0.34% | 4.11% |
