Telephone Email24 Colorado Street, Paradise, Newfoundland & Labrador, Canada A1L4M1

For sale · MLS® 1301833

24 Colorado Street

Paradise, NL, A1L4M1

2 bd2 ba1,400 sqftBuilt 2027

List price

$739,000

24 Colorado Street Paradise Newfoundland & Labrador Canada A1L4M1, 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® 1301833

Welcome to this thoughtfully designed 2-bedroom, 2-bathroom home offering 1400 sq. ft. of a comfortable living space on the main level. The bright, open-concept layout seamlessly connects the living room, dining area, and spacious kitchen, creating the perfect setting for entertaining family and friends. This space also features a grand vaulted ceiling. The heart of the home features a large kitchen complete with a center island, ample cabinetry, and direct access to the dining area. The space also features a pantry for extra storage. Patio doors off the dining room lead to the backyard, making indoor-outdoor living effortless. The private primary suite offers a generous bedroom, a walk-in closet, and a well-appointed ensuite featuring a double vanity, a soaker tub, and a separate shower. One additional bedroom is located on the opposite side of the home, along with a full bathroom—ideal for children, guests, or a home office. The unfinished basement leaves the future of this home up to you with endless opportunities to make this house suitable for your needs. (id:56688)

Property details

MLS®1301833

Listing ID30174219

Address24 Colorado Street, Paradise, Newfoundland & Labrador, Canada A1L4M1

StatusActive

Last updated2 months ago ( Aug 19, 2026 )

Year Built2027

Property TypeSingle Family

Architectural StyleBungalow

Structure TypeHouse

Ownership TypeFreehold

Number of stories1

Number of Levels1

Beds2

Baths2

1/2 Baths0

HeatingElectric, Mini-Split

SewerMunicipal sewage system

FlooringMixed Flooring

Living Area Total1,400 square feet

Price per sq ft: $528

Tax Annual Amount$6,390

GarageYes

Attached GarageYes

CarportNo

Open ParkingNo

WaterfrontNo

PoolNo

Water SourceMunicipal water

RoofAsphalt shingle, Unknown

HeatingElectric, Mini-Split

FlooringMixed Flooring

Exterior FeaturesShingles

Common InterestFreehold

Number of photos available2

Rurl
Coordinates: [47.521456, -52.897183]

Rooms

Main level

Ensuite

Primary Bedroom

Bedroom

Bath (# pieces 1-6)

Laundry room

Not known

Kitchen

Dining room

Living room

4PC null

13.0x14.0 null

13.2x10.0 null

3PC null

5.8x7.8 null

5.2x6.0 null

13.6x10.0 null

11.0x9.10 null

14.8x11.4 null

Basic Calculator

Principal Amount ($):

Annual Interest Rate (%):

Loan Term (Years):

Down Payment ($):

Percent Down (%):

First Mortgage: $591,200

Mortgage insurance premium: $0

Total Financing: $591,200

Rough closing fee (1.5%): ~ $11,085

Total downpayment with estimated closing fee: $158,885

0000

Investment Calculator:

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

Monthly Expense (includes taxes, insurance, utilities, maintenance etc, excluding mortgage payment) (initally estimated at 1.5% per year of principal):

Vacancy Rate (%):

Management Fee (%):

Total cost of initial renovation ($):

	Monthly	Yearly
Gross Revenue	$1,541	$18,492
Gross rental income (income/principal ratio)	0.209%	2.502%
Mortgage	$0	$0
Monthly Expenses	$924	$11,088
Vacancy	$78	$925
Management Fee	$124	$1,480
Expense / Income Ratio	59.96%	59.96%
Cash Flow	$417	$5,004
Net Operating Income (NOI)	$417	$5,004
Capitalization Rate	0.06%	0.68%

Capitalization Rate: 0.68%

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).): $1,055,715

Neighbourhood scores

Explore Paradise on Walk Score

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