118 Sgt Donald Lucas Drive
Paradise, NL, A1L4E1
3 Beds | 3 Baths
$749,900
About the property (MLS: 1294225):
Construction starting soon by McCrowe Homes on this stunning 2 storey home in Paradise. This home is situated on a family friendly street with pond views from your back window. The main floor features an open concept floor plan, ideal for entertaining. The kitchen is bright and spacious, has an island with seating as well as a massive walk in pantry for all your storage needs. There is a half bath on this floor as well. Upstairs has 3 large bedrooms including a stunning primary bedroom with ensuite and walk in closet. There is also a spacious main bathroom and second floor laundry for your convenience! Allowances included $20,000 for kitchen/vanities/closets, $12,000 flooring, $2500 lighting. The undeveloped basement is waiting for your personal touches. Located near all major amenities, walking trails, rec facilities and schools. (IMAGES ARE SAMPLE PHOTOS OF A PREVIOUS BUILD OF THIS PLAN) (id:56688)
Property Details
Listing ID: 29311371
Address: 118 Sgt Donald Lucas Drive, Paradise, Newfoundland & Labrador, Canada A1L4E1
Status: Active
Last updated: 6 days ago ( Feb 4, 2026 )
Year Built: 2026
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
View: View
Number of stories: 2
Number of Levels: 2
Beds: 3
Baths: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric, Mini-Split
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 3,042 square feet
Price per sq ft: $247
Tax Annual Amount: $0
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric, Mini-Split
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 11
Rurl
Coordinates: [47.523646, -52.894665]
Rooms
| Basement | Family room | 28.8 x 13.8 null |
| Second level | Other Ensuite Laundry room Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom | 12.8 x 6.4 null 5 pcs 8.6 x 6 null 4 pcs 11 x 10.8 null 10.4 x 12.4 null 16 x 14.11 null |
| Main level | Not known Kitchen Dining room Living room | 12.10 x 5.6 null 12.10 x 10.4 null 12 x 9.6 null 16.2 x 14.10 null |
Basic Calculator
First Mortgage: $599,920
Mortgage insurance premium: $0
Total Financing: $599,920
Rough closing fee (1.5%): ~ $11,249
Total downpayment with estimated closing fee: $161,229
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,347 | $40,164 |
| Gross rental income (income/principal ratio) | 0.446% | 5.356% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $938 | $11,256 |
| Vacancy | $168 | $2,009 |
| Management Fee | $268 | $3,214 |
| Expense / Income Ratio | 28.03% | 28.03% |
| Cash Flow | $1,974 | $23,688 |
| Net Operating Income (NOI) | $1,974 | $23,688 |
| Capitalization Rate | 0.26% | 3.16% |
