5 Emerald Gem Way
Paradise, NL, A1L4M5
4 Beds | 3 Baths
$459,900
About the property (MLS: 1294367):
Located just steps from the scenic walking trails around Octagon Pond, this home is perfectly suited for families seeking a peaceful setting close to schools, recreation, and all amenities Paradise has to offer. A fantastic opportunity to own a brand new home in a desirable neighborhood, combining modern construction, smart design, and an exceptional location. This brand new, fully finished 3-bedroom home located in a quiet, family-friendly neighborhood near Octagon Pond Heights Primary School in Paradise. Backed by a new home warranty, this thoughtfully designed property offers modern living with comfort and convenience in mind. The main level features a bright, open-concept layout ideal for both everyday living and entertaining that can be designed to your own personal set up. The home offers three bedrooms, two full bathrooms, and one half bath, including a spacious primary bedroom complete with a private ensuite. A convenient second-floor laundry adds a practical bonus, making daily routines easier and more efficient. A fully finished lower level which includes a family room or another bedroom plus access to the in-house garage which provides year-round convenience and additional storage, while all appliances are included, allowing for a truly move-in-ready experience. The fully finished interior is complemented by quality finishes and a functional layout designed for today’s lifestyle. Sellers Direction - No conveyance of offers until 1 pm February 14th left open until 4 pm February 14th. Offers will be presented at 3:30 pm February 14th. (id:56688)
Property Details
Listing ID: 29332674
Address: 5 Emerald Gem Way, Paradise, Newfoundland & Labrador, Canada A1L4M5
Status: Active
Last updated: 4 days ago ( Feb 6, 2026 )
Year Built: 2026
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 4
Baths: 3
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate
Living Area Total: 2,244 square feet
Price per sq ft: $205
Tax Annual Amount: $0
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Laminate
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 29
Rurl
Coordinates: [47.523086, -52.889555]
Rooms
| Lower level | Storage Utility room Family room | 6.5 x 7.9 null 11.6 x 23.1 null 6.5 x 7.9 null |
| Second level | Laundry room Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom | 6.2 x 5.1 null 7.6 x 5.2 null 9.6 x 10.7 null 9.2 x 12.10 null 7.5 x 5.0 null 11.7 x 12.1 null |
| Main level | Bath (# pieces 1-6) Dining room Kitchen Living room Foyer | 5.3 x 5.1 null 9.3 x 12.7 null 9.5 x 12.7 null 11.2 x 24.7 null 7.3 x 8.5 null |
Basic Calculator
First Mortgage: $367,920
Mortgage insurance premium: $0
Total Financing: $367,920
Rough closing fee (1.5%): ~ $6,899
Total downpayment with estimated closing fee: $98,879
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,469 | $29,628 |
| Gross rental income (income/principal ratio) | 0.537% | 6.442% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $575 | $6,900 |
| Vacancy | $124 | $1,482 |
| Management Fee | $198 | $2,371 |
| Expense / Income Ratio | 23.29% | 23.29% |
| Cash Flow | $1,574 | $18,888 |
| Net Operating Income (NOI) | $1,574 | $18,888 |
| Capitalization Rate | 0.34% | 4.11% |
