Telephone Email44 Seascape Drive, Paradise, Newfoundland & Labrador, Canada A1L3N3

For sale · MLS® 1303580

44 Seascape Drive

Paradise, NL, A1L3N3

5 bd3 ba2,700 sqftBuilt 2012

List price

$549,000

44 Seascape Drive Paradise Newfoundland & Labrador Canada A1L3N3, 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® 1303580

Welcome to 44 Seascape Drive! This beautiful registered two-apartment home is located in a highly desirable area of Paradise and offers a fantastic opportunity for both homeowners and investors. The spacious main unit features three bedrooms, including a primary bedroom with its own ensuite and large closet. The home features a mix of hardwood and laminate flooring, along with beautiful oversized windows in the main living area. The main unit has recently been refreshed with new paint, updated flooring in select areas, and new lighting, giving the home a fresh and modern feel. Downstairs, the registered two-bedroom apartment offers excellent income potential, making this a great option as an investment property or for anyone looking to offset their mortgage with rental income. The property also backs onto a beautiful treed green space, offering plenty of privacy and a peaceful setting. With no Seller’s Direction and so much to offer, this one won’t last long! (id:56688)

Property details

MLS®1303580

Listing ID30321469

Address44 Seascape Drive, Paradise, Newfoundland & Labrador, Canada A1L3N3

StatusActive

Last updated5 days ago ( Oct 25, 2026 )

Year Built2012

Property TypeSingle Family

Structure TypeTwo Apartment House

Ownership TypeFreehold

Beds5

Baths3

1/2 Baths0

HeatingBaseboard heaters

SewerMunicipal sewage system

FlooringHardwood, Laminate, Carpeted

Living Area Total2,700 square feet

Price per sq ft: $204

Tax Annual Amount$4,462

GarageNo

Attached GarageNo

CarportNo

Open ParkingNo

WaterfrontNo

PoolNo

AppliancesWasher, Refrigerator, Dishwasher, Dryer, Microwave

Water SourceMunicipal water

RoofAsphalt shingle, Unknown

Foundation DetailsConcrete

HeatingBaseboard heaters

FlooringHardwood, Laminate, Carpeted

Exterior FeaturesVinyl siding

Common InterestFreehold

Number of photos available37

Rurl
Coordinates: [47.556065, -52.897049]

Rooms

Basement	Bath (# pieces 1-6) Not known Not known Not known	3PC null 11x11.5 null 9x9.5 null 13x15.5 null
Main level	Recreation room Bath (# pieces 1-6) Ensuite Primary Bedroom Bedroom Bedroom Kitchen Living room	16x11 null 3PC null 3PC null 13x13 null 10x10 null 10x10 null 16x13 null 20.8x15.5 null

Basic Calculator

Principal Amount ($):

Annual Interest Rate (%):

Loan Term (Years):

Down Payment ($):

Percent Down (%):

First Mortgage: $439,200

Mortgage insurance premium: $0

Total Financing: $439,200

Rough closing fee (1.5%): ~ $8,235

Total downpayment with estimated closing fee: $118,035

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	$2,971	$35,652
Gross rental income (income/principal ratio)	0.541%	6.494%
Mortgage	$0	$0
Monthly Expenses	$687	$8,244
Vacancy	$149	$1,783
Management Fee	$238	$2,853
Expense / Income Ratio	23.12%	23.12%
Cash Flow	$1,898	$22,776
Net Operating Income (NOI)	$1,898	$22,776
Capitalization Rate	0.35%	4.15%

Capitalization Rate: 4.15%

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).): $784,286

Neighbourhood scores

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