About this propertyMLS® 1299347
Cozy two storey home with a one bedroom registered apartment. 10 year Atlantic Province New Home Warranty. Landscaped front and rear with two car paved driveway. Electric fireplace in living room. Underground wiring. Apartment allowances including HST; Flooring $6,000.00- Cabinets and Vanity $8,000.00- Plumbing $500.00 (Toilet, sinks and faucets). Lights, smoke detectors, door bell and range hood $600.00. Closets $400.00 (id:56688)
Property details
MLS®1299347
Listing ID29941284
Address99 Trenton Drive, Paradise, Newfoundland & Labrador, Canada A1L4B7
StatusActive
Last updateda month ago ( Sep 15, 2026 )
Year Built2026
Property TypeSingle Family
Architectural Style2 Level
Structure TypeTwo Apartment House
Ownership TypeFreehold
Beds4
Baths4
1/2 Baths1
HeatingBaseboard heaters, Electric
SewerMunicipal sewage system
FlooringLaminate, Marble, Ceramic
Living Area Total2,611 square feet
Price per sq ft: $272Tax Annual Amount$5,254
Tax Year2026
GarageYes
Attached GarageYes
CarportNo
Open ParkingNo
Garage Spaces1
WaterfrontNo
PoolNo
Water SourceMunicipal water
RoofFiberglass, Unknown
Foundation DetailsPoured Concrete
HeatingBaseboard heaters, Electric
FlooringLaminate, Marble, Ceramic
Exterior FeaturesVinyl siding
Common InterestFreehold
Number of photos available50
RurlCoordinates: [47.521641, -52.889639]
Rooms
| Basement | Bath (# pieces 1-6) Not known Not known Not known Not known | 4 Pce null 5.95 x 19 null 9.75 x 11.33 null 8 x 14.45 null 9 x 14.25 null |
| Second level | Laundry room Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom | 6 x 8.8 null 4 Pce null 11.3 x 12.15 null 11.33 x 12.65 null 4 Pce null 10.67 x 21 null |
| Main level | Bath (# pieces 1-6) Not known Kitchen Dining room Living room | 2 Pce null 4.5 x 9.65 null 11.95 x 15 null 6.95 x 15 null 12 x 17 null |
Basic Calculator
First Mortgage: $567,920
Mortgage insurance premium: $0
Total Financing: $567,920
Rough closing fee (1.5%): ~ $10,649
Total downpayment with estimated closing fee: $152,629
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,873 | $34,476 |
| Gross rental income (income/principal ratio) | 0.405% | 4.856% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $888 | $10,656 |
| Vacancy | $144 | $1,724 |
| Management Fee | $230 | $2,759 |
| Expense / Income Ratio | 30.91% | 30.91% |
| Cash Flow | $1,612 | $19,344 |
| Net Operating Income (NOI) | $1,612 | $19,344 |
| Capitalization Rate | 0.23% | 2.72% |
Capitalization Rate: 2.72%
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).): $1,014,143
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