For sale · MLS® 1303751
49 Kemble Avenue
Paradise, NL, A1L4J1
List price
$633,500
About this propertyMLS® 1303751
Welcome to 49 Kemble Avenue—an impressive, soon-to-be-built 2-apartment residence crafted by Blueprint Homes. Combining spacious modern design, high-end features, and ideal income potential, this property is designed to impress. Main Living Level: Open-Concept Living: Features a bright, oversized living area complete with a mini-split heat pump, flowing seamlessly into a large dining space. Gourmet Kitchen: Anchored by a functional sit-up island, perfect for daily living and entertaining. Bedrooms & Bathrooms: Includes 3 spacious bedrooms and 2 full bathrooms. The primary suite features a private ensuite and a walk-in closet. Self-Contained Apartment: A well-appointed 2-bedroom layout complete with an open living/dining area, a sweet kitchen, and dedicated in-suite laundry. Garage & Exterior: Garage: Heated and wired garage with convenient exterior side-door access. Outdoor Space: Includes a 10'x12' rear patio, along with front and rear landscaping (sodding completed weather permitting). This house sits on a slightly larger lot. Extras: Generous finish allowances, additional recessed pot lights throughout, and premium craftsmanship from top to bottom. An extraordinary place to call home with built-in investment value. (id:56688)
Property details
Coordinates: [47.550369, -52.891944]
Rooms
| Basement | Not known Not known Not known Not known | 11.2x10.10 null 12.8x9.2 null 10.8x13.2 null 10.10x13.2 null |
| Main level | Bedroom Bedroom Primary Bedroom Dining room Living room | 8.11x13 null 9x12.2 null 13x13 null 7.11x14.9 null 11.8x17.4 null |
Basic Calculator
First Mortgage: $506,800
Mortgage insurance premium: $0
Total Financing: $506,800
Rough closing fee (1.5%): ~ $9,503
Total downpayment with estimated closing fee: $136,203
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,406 | $28,872 |
| Gross rental income (income/principal ratio) | 0.380% | 4.558% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $792 | $9,504 |
| Vacancy | $121 | $1,444 |
| Management Fee | $193 | $2,310 |
| Expense / Income Ratio | 32.92% | 32.92% |
| Cash Flow | $1,302 | $15,624 |
| Net Operating Income (NOI) | $1,302 | $15,624 |
| Capitalization Rate | 0.21% | 2.47% |
Get in touch
Have a question?
Send a message and Haris will get back to you — usually the same day.