For sale · MLS® 1302003
204 St Thomas Line
Paradise, NL, A1L2S4
List price
$529,900
About this propertyMLS® 1302003
Welcome to 204 St. Thomas Line, a brand-new two-storey home offering a bright, modern layout with plenty of space for the whole family. The main floor features an open-concept design with a beautiful kitchen complete with a breakfast bar and walk-in pantry, flowing into the dining and living areas. A convenient powder room and attached garage complete the main level. Upstairs, the spacious primary bedroom features a full ensuite and walk-in closet, while two additional bedrooms and another full bathroom provide plenty of room for family, guests, or a home office. The second-floor laundry adds everyday convenience, keeping everything you need close at hand. A mini-split heat pump will be installed for efficient heating and cooling throughout the home. The undeveloped basement gives you the flexibility to finish the space down the road, whether you need a family room, home gym, additional bedroom, office, or extra storage. Outside, the work is already taken care of with full landscaping, front and back patios, double paved driveway, and is an oversized lot that backs on to a green belt. Located close to schools, daycare, grocery stores, retail plazas, a recreation centre, walking trails, and more, this home offers the convenience of being close to everything you need while giving you a brand-new space to call home. (id:56688)
Property details
Coordinates: [47.543822, -52.893538]
Rooms
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Laundry room Ensuite Primary Bedroom | 4pc 11.4 x 12.2 null 11.4 x 12.7 null 8.9 x 6.1 null 4pc 21.1 x 10.8 null |
| Main level | Bath (# pieces 1-6) Not known Kitchen Dining room Living room | 2pc 9.7 x 4.6 null 15.0 x 11.11 null 15.0 x 6.11 null 12.0 x 17.1 null |
Basic Calculator
First Mortgage: $423,920
Mortgage insurance premium: $0
Total Financing: $423,920
Rough closing fee (1.5%): ~ $7,949
Total downpayment with estimated closing fee: $113,929
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,873 | $34,476 |
| Gross rental income (income/principal ratio) | 0.542% | 6.506% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $663 | $7,956 |
| Vacancy | $144 | $1,724 |
| Management Fee | $230 | $2,759 |
| Expense / Income Ratio | 23.08% | 23.08% |
| Cash Flow | $1,837 | $22,044 |
| Net Operating Income (NOI) | $1,837 | $22,044 |
| Capitalization Rate | 0.35% | 4.16% |
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