8 Chloe Place
Paradise, NL, A1L4k7
3 Beds | 3 Baths
$359,900
About the property (MLS: 1294201):
A piece of Paradise! This fully developed bungalow is located on an oversized cul-de-sac lot, backing on an open space, and has a walk out basement! This cozy & well cared for home has an open concept living/dining/kitchen area, 2-bedrooms on the main (primary with ensuite) & 1-bedroom in basement, 3-bathrooms plus a large bright rec-room. Some highlights/upgrades include: built in electric fireplace, potlights, wooden stairs to basement and a fantastic extra storage area. The lot is just over ¼ acre and with the evening sun on the back deck, it is perfect for relaxing or entertaining in the warm Summer evenings. This home’s location is in the fast growing Town of Paradise, here you can enjoy walking trails and other recreational facilities, shopping, restaurants (like Cajones, Pur & Simple, Coffee Matters & CakeyHand dessert shop) and a craft beer (Banished Brewing). As per Sellers Direction, there will be no conveyance of offers prior to 12:00pm on Monday – February 2, 2026. Offers to be left open until 5:00pm on February 2, 2026. (id:56688)
Property Details
Listing ID: 29305639
Address: 8 Chloe Place, Paradise, Newfoundland & Labrador, Canada A1L4k7
Status: Active
Last updated: 7 days ago ( Feb 2, 2026 )
Year Built: 2019
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 3
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,200 square feet
Price per sq ft: $164
Tax Annual Amount: $2,218
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Dishwasher
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 25
Rurl
Coordinates: [47.550913, -52.889088]
Rooms
| Main level | Other Bedroom Primary Bedroom | 14.3x20 null 8.9x11.5 null 13.1x14.2 null |
Basic Calculator
First Mortgage: $287,920
Mortgage insurance premium: $0
Total Financing: $287,920
Rough closing fee (1.5%): ~ $5,399
Total downpayment with estimated closing fee: $77,379
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,420 | $29,040 |
| Gross rental income (income/principal ratio) | 0.672% | 8.069% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $450 | $5,400 |
| Vacancy | $121 | $1,452 |
| Management Fee | $194 | $2,324 |
| Expense / Income Ratio | 18.60% | 18.60% |
| Cash Flow | $1,656 | $19,872 |
| Net Operating Income (NOI) | $1,656 | $19,872 |
| Capitalization Rate | 0.46% | 5.52% |
