18 Nicholas Quinn Place
Paradise, NL, A1L4L6
2 Beds | 2 Baths
$320,000
About the property (MLS: 1293806):
Welcome to modern, low-maintenance living in this “like new” two bedroom, two bathroom townhome in the sought-after community of Paradise. Perfectly located near schools, daycares, shopping, and the picturesque Neil’s Pond walking trail, this home blends style with everyday convenience. The bright, open-concept main floor showcases contemporary finishes, premium appliances, and efficient mini-split heating and cooling for year-round comfort. Upstairs, one spacious bedrooms await, highlighted by a large closet and 4 piece bathroom. The finished basement has the second bedroom and 1/2 bath (Shower rough in available) - Move-in ready and beautifully finished, this property is an excellent choice for young professionals, or anyone looking to enjoy upscale living in a fantastic location. This home has the largest backyard on the street ready to de developed. As per sellers direction, no conveyance of offers before 5 p.m. January 24th, 2026. Please leave offers open until 10 p.m. January 24th, 2026. (id:56688)
Property Details
Listing ID: 29259803
Address: 18 Nicholas Quinn Place, Paradise, Newfoundland & Labrador, Canada A1L4L6
Status: Active
Last updated: 7 days ago ( Feb 2, 2026 )
Year Built: 2023
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 2
Baths: 2
1/2 Baths: 1
Heating: Baseboard heaters, Electric, Mini-Split
Sewer: Municipal sewage system
Flooring: Laminate, Carpeted, Other
Living Area Total: 1,123 square feet
Price per sq ft: $285
Tax Annual Amount: $2,250
Tax Year: 2025
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Stove, Dryer, Microwave
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric, Mini-Split
Flooring: Laminate, Carpeted, Other
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 23
Rurl
Coordinates: [47.530628, -52.854978]
Rooms
| Lower level | Storage Foyer Bath (# pieces 1-6) Bedroom Bath (# pieces 1-6) | 19.2x10.10 null 7.1x12.10 null 2PC null 12.9x8.8 null 4PC null |
| Main level | Living room Primary Bedroom Dining room Kitchen | 10x10.2 null 12.2x11.7 null 10x8 null 9x15.2 null |
Basic Calculator
First Mortgage: $256,000
Mortgage insurance premium: $0
Total Financing: $256,000
Rough closing fee (1.5%): ~ $4,800
Total downpayment with estimated closing fee: $68,800
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,236 | $14,832 |
| Gross rental income (income/principal ratio) | 0.386% | 4.635% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $400 | $4,800 |
| Vacancy | $62 | $742 |
| Management Fee | $99 | $1,187 |
| Expense / Income Ratio | 32.36% | 32.36% |
| Cash Flow | $676 | $8,112 |
| Net Operating Income (NOI) | $676 | $8,112 |
| Capitalization Rate | 0.21% | 2.54% |
