Telephone Email1566 Topsail Road, Paradise, Newfoundland & Labrador, Canada A1L1S6

For sale · MLS® 1300182

1566 Topsail Road

Paradise, NL, A1L1S6

List price

$420,000

1566 Topsail Road Paradise Newfoundland & Labrador Canada A1L1S6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented by

Haris Barki

416-873-4676

haris@barki.co

REALTOR® · Keller Williams Platinum Realty

About this propertyMLS® 1300182

Property being sold as a commercial lot. While the house is still being used it is old and best use is to tear it down. Almost half acre in the core of shopping district, tremendous exposure. Lot can be accessed from Topsail Rd. Right now but there is potential access on both sides from Drover’s Rd. And Gosse’s Rd. Not many potential Main Street sites left in this fast growing town. The possibilities are numerous. (id:56688)

Property details

MLS®1300182

Listing ID30012170

Address1566 Topsail Road, Paradise, Newfoundland & Labrador, Canada A1L1S6

StatusActive

Last updated4 months ago ( Jul 9, 2026 )

Property TypeRetail

Ownership TypeFreehold

HeatingNo heat

Tax Annual Amount$2,000

GarageNo

Attached GarageNo

CarportNo

Open ParkingNo

WaterfrontNo

PoolNo

HeatingNo heat

Common InterestFreehold

Business TypeService

Number of photos available7

Rurl
Coordinates: [47.529787, -52.869263]

Rooms

Basic Calculator

Principal Amount ($):

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First Mortgage: $336,000

Mortgage insurance premium: $0

Total Financing: $336,000

Rough closing fee (1.5%): ~ $6,300

Total downpayment with estimated closing fee: $90,300

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Investment Calculator:

Monthly Income (Initially estimated at $1.1 per sqft):

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Total cost of initial renovation ($):

	Monthly	Yearly
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 Ratio	NaN%	NaN%
Cash Flow	$0	$0
Net Operating Income (NOI)	$0	$0
Capitalization Rate	0.00%	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).): $600,000

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