Telephone Email42 Colorado Street, Paradise, Newfoundland & Labrador, Canada A1L4L3

For sale · MLS® 1293317

42 Colorado Street

Paradise, NL, A1L4L3

3 bd2 ba2,821 sqftBuilt 2026

List price

$795,622

42 Colorado Street Paradise Newfoundland & Labrador Canada A1L4L3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented by

Haris Barki

416-873-4676

haris@barki.co

REALTOR® · Keller Williams Platinum Realty

About this propertyMLS® 1293317

Amazing Street Appeal in this Executive 2 Story Home with Double Garage to be Built by DMP CONTRACTING on an Oversized Lot in Paradise. Features of this great layout home include large eat in kitchen with center island, Large Living room with 9 Ft Ceilings, Large master bedroom with ensuite having Custom Shower, Tub and double vanities, Heat Pump, Large walk in closet with custom Shelving, crown molding on main and an abundance of Potlights. Outside Features Dark Siding, Black Windows, Gemstone on Front. Homes comes complete with Full Landscaping, double paved Driveway, Front & Back Eavestrough and Full Back Patio to Capture the Breathtaking View Plus 8 Year New Home Warranty. (id:56688)

Property details

MLS®1293317

Listing ID29191403

Address42 Colorado Street, Paradise, Newfoundland & Labrador, Canada A1L4L3

StatusActive

Last updated3 months ago ( Jul 31, 2026 )

Year Built2026

Property TypeSingle Family

Architectural Style2 Level

Structure TypeHouse

Ownership TypeFreehold

ViewOcean view, View

Number of stories2

Number of Levels2

Beds3

Baths2

1/2 Baths0

HeatingHeat Pump

SewerMunicipal sewage system

Living Area Total2,821 square feet

Price per sq ft: $283

Tax Annual Amount$0

Tax Year2025

GarageYes

Attached GarageYes

CarportNo

Open ParkingNo

Garage Spaces2

WaterfrontNo

PoolNo

Water SourceMunicipal water

RoofAsphalt shingle, Unknown

HeatingHeat Pump

Exterior FeaturesVinyl siding

Common InterestFreehold

Number of photos available1

Rurl
Coordinates: [47.522709, -52.898689]

Rooms

Second level	Bath (# pieces 1-6) Ensuite Primary Bedroom Bedroom Laundry room Bedroom	10.5 x 8.0 null 12.0 x 10.6 null 14.2 x 13.6 null 10.5 x 10.0 null 6.6 x 6.0 null 10.5 x 10.0 null
Main level	Bath (# pieces 1-6) Foyer Living room Dining room Kitchen	4.0 x 6.0 null 9.6 x 7.8 null 12.6 x 14.8 null 5.2 x 12.0 null 17.6 x 12.0 null

Basic Calculator

Principal Amount ($):

Annual Interest Rate (%):

Loan Term (Years):

Down Payment ($):

Percent Down (%):

First Mortgage: $636,498

Mortgage insurance premium: $0

Total Financing: $636,498

Rough closing fee (1.5%): ~ $11,935

Total downpayment with estimated closing fee: $171,060

0000

Investment Calculator:

Monthly Income (Initially estimated at $1.1 per sqft):

Monthly Expense (includes taxes, insurance, utilities, maintenance etc, excluding mortgage payment) (initally estimated at 1.5% per year of principal):

Vacancy Rate (%):

Management Fee (%):

Total cost of initial renovation ($):

	Monthly	Yearly
Gross Revenue	$3,104	$37,248
Gross rental income (income/principal ratio)	0.390%	4.682%
Mortgage	$0	$0
Monthly Expenses	$995	$11,940
Vacancy	$156	$1,863
Management Fee	$249	$2,980
Expense / Income Ratio	32.06%	32.06%
Cash Flow	$1,706	$20,472
Net Operating Income (NOI)	$1,706	$20,472
Capitalization Rate	0.21%	2.57%

Capitalization Rate: 2.57%

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).): $1,136,603

Neighbourhood scores

Explore Paradise on Walk Score

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