For sale · MLS® 1302552
1543 Topsail Road Unit#3
Paradise, NL, A1L1R2
List price
$179,900
About this propertyMLS® 1302552
Welcome to this charming and well-maintained one-bedroom condo, ideally located on Topsail Road in Paradise, just steps from everyday amenities and the scenic walking trails around Neil’s Pond. Situated on the main floor, this move-in-ready condo offers comfortable, low-maintenance living with a bright, open-concept layout that makes excellent use of the space. The kitchen, dining, and living areas flow seamlessly together and enjoy plenty of natural light. The kitchen features beautiful dark-stained cabinetry, a modern backsplash, and ample space for everyday living and entertaining. Hardwood flooring runs throughout the main living area and into the spacious bedroom, which is conveniently located next to the four-piece bathroom featuring tiled flooring and a tiled shower. An in-unit laundry closet adds another layer of convenience. With parking just steps from your door, quick access to the highway, nearby shopping, restaurants, services, and beautiful walking trails, the location is hard to beat. Whether you're a first-time buyer, downsizing, investor or looking for an easy-to-maintain property, this condo offers a fantastic combination of comfort, convenience, and location. Move in and enjoy! (id:56688)
Property details
Coordinates: [47.531281, -52.864704]
Rooms
| Main level | Porch Primary Bedroom Bath (# pieces 1-6) Living room Eat in kitchen | 4.2 x 4.11 null 12 x 10.3 null 4.1 x 9.1 null 13.6 x 15.6 null 9.6 x 10.4 null |
Basic Calculator
First Mortgage: $143,920
Mortgage insurance premium: $0
Total Financing: $143,920
Rough closing fee (1.5%): ~ $2,699
Total downpayment with estimated closing fee: $38,679
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $660 | $7,920 |
| Gross rental income (income/principal ratio) | 0.367% | 4.402% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $225 | $2,700 |
| Vacancy | $33 | $396 |
| Management Fee | $53 | $634 |
| Expense / Income Ratio | 34.09% | 34.09% |
| Cash Flow | $350 | $4,200 |
| Net Operating Income (NOI) | $350 | $4,200 |
| Capitalization Rate | 0.19% | 2.33% |
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