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TelephoneEmail4-20 Hancock Place, Paradise, Newfoundland & Labrador, Canada A1L0E8

For sale · MLS® 1298724

4-20 Hancock Place

Paradise, NL, A1L0E8

location

List price

$475,000

4-20 Hancock Place Paradise Newfoundland & Labrador Canada A1L0E8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
4-20 Hancock Place Paradise Newfoundland & Labrador Canada A1L0E8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
4-20 Hancock Place Paradise Newfoundland & Labrador Canada A1L0E8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
4-20 Hancock Place Paradise Newfoundland & Labrador Canada A1L0E8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
4-20 Hancock Place Paradise Newfoundland & Labrador Canada A1L0E8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
4-20 Hancock Place Paradise Newfoundland & Labrador Canada A1L0E8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
4-20 Hancock Place Paradise Newfoundland & Labrador Canada A1L0E8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
4-20 Hancock Place Paradise Newfoundland & Labrador Canada A1L0E8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
4-20 Hancock Place Paradise Newfoundland & Labrador Canada A1L0E8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented by

Haris Barki
Haris Barki
REALTOR® · Keller Williams Platinum Realty
About this propertyMLS® 1298724

Attention builders and developers — prime development opportunity in one of Paradise’s most desirable and rapidly growing areas. Ideally located just off Kenmount Road, this parcel offers exceptional potential for residential development in a high-demand location surrounded by newer homes, expanding neighborhoods, and ongoing growth throughout the Paradise and St. John’s region. Conveniently situated near schools, shopping centers, restaurants, recreation facilities, walking trails, and major highway access, this property combines strong investment value with an unbeatable location. The area continues to experience significant residential expansion, making this an ideal opportunity for developers looking to secure land in one of the Northeast Avalon’s most active markets. The parcel offers the potential for a minimum of five building lots (subject to municipal approvals), providing excellent flexibility for future subdivision and development plans. An additional parcel located on the next street over, Kenora Place, is also available for purchase, presenting further opportunities for builders and investors seeking multiple development sites within the same rapidly growing area. Rare opportunities like this are becoming increasingly limited in Paradise. Please note : Any permits required, service hookups, or any applicable HST will be the responsibility of the buyer. (id:56688)

Property details
MLS®1298724
Listing ID29905668
Address4-20 Hancock Place, Paradise, Newfoundland & Labrador, Canada A1L0E8
StatusActive
Last updated4 months ago ( Jun 17, 2026 )
Property TypeVacant Land
Ownership TypeFreehold
SewerNo sewage system
Tax Annual Amount$3,594
GarageNo
Attached GarageNo
CarportNo
Open ParkingNo
WaterfrontNo
PoolNo
Water SourceNone
Common InterestFreehold
Number of photos available9
Rurl
Coordinates: [47.535389, -52.825276]

Rooms

Basic Calculator



First Mortgage: $380,000

Mortgage insurance premium: $0

Total Financing: $380,000

Rough closing fee (1.5%): ~ $7,125

Total downpayment with estimated closing fee: $102,125

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$0$0
Gross rental income (income/principal ratio)0.000%0.000%
Mortgage$0$0
Monthly Expenses$0$0
Vacancy$0$0
Management Fee$0$0
Expense / Income RatioNaN%NaN%
Cash Flow$0$0
Net Operating Income (NOI)$0$0
Capitalization Rate0.00%0.00%
Capitalization Rate: 0.00%
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).): $678,572
Neighbourhood scores
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