About this propertyMLS® 1297107
End unit town home in a quiet Paradise subdivision. Two bedroom home complete with a living room with an electric fireplace, a dining room and kitchen, a main floor laundry and two full bathrooms including a three piece ensuite. Downstairs can be developed with a recreation room, a third bedroom and a full bathroom. HST included in purchase price when purchased as a principal residence. Purchasers to assign the GST rebate back to the Vendor on closing. (id:56688)
Property details
MLS®1297107
Listing ID29707263
Address25 Tulip Ridge Boulevard, Paradise, Newfoundland & Labrador, Canada A1L4N7
StatusActive
Last updated3 months ago ( Jul 31, 2026 )
Year Built2026
Property TypeSingle Family
Architectural StyleBungalow
Structure TypeHouse
Ownership TypeFreehold
Number of stories1
Number of Levels1
Beds2
Baths2
1/2 Baths0
HeatingBaseboard heaters, Electric
SewerMunicipal sewage system
FlooringOther
Living Area Total2,000 square feet
Price per sq ft: $220Tax Annual Amount$3,256
Tax Year2026
GarageYes
Attached GarageYes
CarportNo
Open ParkingNo
Garage Spaces1
WaterfrontNo
PoolNo
Water SourceMunicipal water
RoofFiberglass, Unknown
Foundation DetailsPoured Concrete
HeatingBaseboard heaters, Electric
FlooringOther
Exterior FeaturesVinyl siding
Common InterestFreehold
Number of photos available3
RurlCoordinates: [47.522653, -52.890483]
Rooms
| Main level | Laundry room Bath (# pieces 1-6) Bedroom Ensuite Primary Bedroom Kitchen Dining room Living room | 5.75 x 9.85 null 4 Pce null 7.75 x 10.85 null 3 Pce null 11.1 x 12.65 null 10.5 x 11.65 null 6.45 x 11.65 null 11.65 x 13.45 null |
Basic Calculator
First Mortgage: $351,920
Mortgage insurance premium: $0
Total Financing: $351,920
Rough closing fee (1.5%): ~ $6,599
Total downpayment with estimated closing fee: $94,579
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,200 | $26,400 |
| Gross rental income (income/principal ratio) | 0.500% | 6.001% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $550 | $6,600 |
| Vacancy | $110 | $1,320 |
| Management Fee | $176 | $2,112 |
| Expense / Income Ratio | 25.00% | 25.00% |
| Cash Flow | $1,364 | $16,368 |
| Net Operating Income (NOI) | $1,364 | $16,368 |
| Capitalization Rate | 0.31% | 3.72% |
Capitalization Rate: 3.72%
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).): $628,429
Get in touch
Have a question?
Send a message and Haris will get back to you — usually the same day.





