27 Tulip Ridge Boulevard
Paradise, NL, A1L4B8
2 Beds | 2 Baths
$406,900
About the property (MLS: 1293291):
Town home in a quiet Paradise subdivision. Two bedroom home complete with a living room with an electric fireplace, a dining room and kitchen, a main floor laundry and two full bathrooms including a three piece ensuite. Downstairs can be developed with a recreation room, a third bedroom and a full bathroom. HST included in purchase price when purchased as a principal residence. Purchasers to assign the GST rebate back to the Vendor on closing. (id:56688)
Property Details
MLS: 1293291
Listing ID: 29186870
Address: 27 Tulip Ridge Boulevard, Paradise, Newfoundland & Labrador, Canada A1L4B8
Status: Active
Last updated: a month ago ( Dec 15, 2025 )
Year Built: 2026
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Other
Living Area Total: 1,875 square feet
Price per sq ft: $218
Tax Annual Amount: $3,011
Tax Year: 2025
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 1
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Other
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 3
Rurl
Coordinates: [47.522262, -52.890711]
Listing ID: 29186870
Address: 27 Tulip Ridge Boulevard, Paradise, Newfoundland & Labrador, Canada A1L4B8
Status: Active
Last updated: a month ago ( Dec 15, 2025 )
Year Built: 2026
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Other
Living Area Total: 1,875 square feet
Price per sq ft: $218
Tax Annual Amount: $3,011
Tax Year: 2025
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 1
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Other
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 3
Rurl
Coordinates: [47.522262, -52.890711]
Rooms
| Main level | Laundry room Bath (# pieces 1-6) Bedroom Ensuite Primary Bedroom Kitchen Dining room Living room/Fireplace | 3.15 x 5.5 null 4 Pce null 7.75 x 10.85 null 3 Pce null 11 x 12.65 null 10.5 x 11.65 null 6.45 x 11.65 null 11.65 x 13.45 null |
Basic Calculator
First Mortgage: $325,520
Mortgage insurance premium: $0
Total Financing: $325,520
Rough closing fee (1.5%): ~ $6,104
Total downpayment with estimated closing fee: $87,484
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,063 | $24,756 |
| Gross rental income (income/principal ratio) | 0.507% | 6.084% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $509 | $6,108 |
| Vacancy | $104 | $1,238 |
| Management Fee | $166 | $1,981 |
| Expense / Income Ratio | 24.67% | 24.67% |
| Cash Flow | $1,286 | $15,432 |
| Net Operating Income (NOI) | $1,286 | $15,432 |
| Capitalization Rate | 0.32% | 3.79% |
Capitalization Rate: 3.79%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $581,286
