Telephone Email7 Mockingbird Drive, Paradise, Newfoundland & Labrador, Canada A1L3K8

For sale · MLS® 1303535

7 Mockingbird Drive

Paradise, NL, A1L3K8

5 bd4 ba2,100 sqftBuilt 2004

List price

$375,000

7 Mockingbird Drive Paradise Newfoundland & Labrador Canada A1L3K8, 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® 1303535

Set in a quiet Paradise neighbourhood, this two-storey home features two apartments and an appealing layout with an open-concept main floor. Tenants have been given notice for January 1, offering an opportunity to plan for the property’s next chapter. There’s loads of potential here for homeowners, investors, or anyone looking for a versatile property. Enjoy the appeal of a peaceful residential setting with Paradise’s parks, trails, and recreation facilities nearby. From pond-side walks to community parks and local recreation options, the area offers plenty of ways to get outdoors and enjoy the neighbourhood. No conveyance of offers until Friday (id:56688)

Property details

MLS®1303535

Listing ID30368487

Address7 Mockingbird Drive, Paradise, Newfoundland & Labrador, Canada A1L3K8

StatusActive

Last updated24 days ago ( Oct 6, 2026 )

Year Built2004

Property TypeSingle Family

Architectural Style2 Level

Structure TypeTwo Apartment House

Ownership TypeFreehold

Beds5

Baths4

1/2 Baths1

HeatingElectric

SewerMunicipal sewage system

FlooringLaminate, Carpeted, Mixed Flooring

Living Area Total2,100 square feet

Price per sq ft: $179

Tax Annual Amount$3,155

GarageNo

Attached GarageNo

CarportNo

Open ParkingNo

WaterfrontNo

PoolNo

AppliancesDishwasher, Microwave, Alarm System

Water SourceMunicipal water

RoofAsphalt shingle, Unknown

Foundation DetailsConcrete

HeatingElectric

FlooringLaminate, Carpeted, Mixed Flooring

Exterior FeaturesVinyl siding

CoolingAir exchanger

Common InterestFreehold

Number of photos available35

Rurl
Coordinates: [47.529053, -52.856059]

Rooms

Second level	Bath (# pieces 1-6) Primary Bedroom Bedroom Bath (# pieces 1-6) Bedroom	3PCS null 13X14 null 13X11 null 4PCS null 12X11 null
Main level	Porch Kitchen Bath (# pieces 1-6) Laundry room Family room Living room	9X5 null 16X13 null 2PCS null 4X10 null 12X10 null 16X13 null

Basic Calculator

Principal Amount ($):

Annual Interest Rate (%):

Loan Term (Years):

Down Payment ($):

Percent Down (%):

First Mortgage: $300,000

Mortgage insurance premium: $0

Total Financing: $300,000

Rough closing fee (1.5%): ~ $5,625

Total downpayment with estimated closing fee: $80,625

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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	$2,310	$27,720
Gross rental income (income/principal ratio)	0.616%	7.392%
Mortgage	$0	$0
Monthly Expenses	$469	$5,628
Vacancy	$116	$1,386
Management Fee	$185	$2,218
Expense / Income Ratio	20.30%	20.30%
Cash Flow	$1,541	$18,492
Net Operating Income (NOI)	$1,541	$18,492
Capitalization Rate	0.41%	4.93%

Capitalization Rate: 4.93%

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).): $535,715

Neighbourhood scores

Explore Paradise on Walk Score

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