Telephone Email56 LakeWynds Drive, Paradise, Newfoundland & Labrador, Canada A1L4G1

For sale · MLS® 1304137

56 LakeWynds Drive

Paradise, NL, A1L4G1

3 bd3 ba2,350 sqftBuilt 2026

List price

$619,900

56 LakeWynds Drive Paradise Newfoundland & Labrador Canada A1L4G1, 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® 1304137

MOVE IN FOR CHRISTMAS IN THIS BEAUTIFUL 2 STORY WITH ATTACHED GARAGE IN THE LOVELY FAMILY FRIENDLY LAKEWYNDS DRIVE SUBDIVISION. QUALITY BUILT BY SYNARD CONSTRUCTION THIS FABULOUS NEW BUILD WILL FEATURE AN OPEN CONCEPT MAIN FLOOR FEATURING 9FT CEILING, DREAM KITCHEN DESIGN WITH FLOOR TO CEILING WHITE CABINETS WITH 6 FT NATURAL WOOD STAIN ISLAND , PANTRY WITH CUSTOM SHELVING , AN OPEN CONCEPT KITCHEN/DINING/ LIVING ROOM THAT WILL MAKE FOR PERFECT SOCIAL GATHERINGS. SECOND FLOOR WILL FEATURE A BRIGHT AND SPACIOUS MASTER WITH WALK IN CLOSET PLUS A LOVELY ENSUITE WITH CUSTOM TILE SHOWER, DB VANITIES, PLUS 2 ADDITIONAL GREAT SIZE BEDROOMS, MAIN BATH PLUS THE ADDED CONVENIENCE OF 2ND FLOOR LAUNDRY. OTHER GREAT FEATURES OF THIS BEAUTY ARE BLACK EXTERIOR WINDOWS, DARK SIDING WITH FAUX BRICK FEATURE AROUND GARAGE DOOR, CERAMIC TILES FOR WET AREAS, MINI SPLIT, FRONT AND BACK LANDSCAPING, DOUBLE PAVED DRIVEWAY, 12 BY 12 REAR DECK, 12 POT LIGHTS, , PLYWOOD CONSTRUCTION, LUX HOME WARRANTY. HST REBATE TO BE ASSIGNED BACK TO BUILDER ON CLOSE (id:56688)

Property details

MLS®1304137

Listing ID30375035

Address56 LakeWynds Drive, Paradise, Newfoundland & Labrador, Canada A1L4G1

StatusActive

Last updated23 days ago ( Oct 7, 2026 )

Year Built2026

Property TypeSingle Family

Architectural Style2 Level

Structure TypeHouse

Ownership TypeFreehold

Number of stories2

Number of Levels2

Beds3

Baths3

1/2 Baths1

HeatingElectric, Mini-Split

SewerMunicipal sewage system

FlooringLaminate, Marble, Ceramic

Living Area Total2,350 square feet

Price per sq ft: $264

Tax Annual Amount$4,365

GarageYes

Attached GarageYes

CarportNo

Open ParkingNo

WaterfrontNo

PoolNo

Water SourceMunicipal water

RoofAsphalt shingle, Unknown

Foundation DetailsPoured Concrete

HeatingElectric, Mini-Split

FlooringLaminate, Marble, Ceramic

Exterior FeaturesVinyl siding

Common InterestFreehold

Number of photos available1

Rurl
Coordinates: [47.529826, -52.889675]

Rooms

Second level	Laundry room Bedroom Bedroom Bath (# pieces 1-6) Ensuite Primary Bedroom	x 0 null 9.3 x 10.10 null 9.3 x 10.9 null 4pc 3pc 12.5 x 14.8 null
Main level	Bath (# pieces 1-6) Foyer Living room Kitchen Dining room	2pc 9.4 x 4.0 null 12.4 x 20.0 null 10.0 x 12.8 null 12.0 x 14.8 null

Basic Calculator

Principal Amount ($):

Annual Interest Rate (%):

Loan Term (Years):

Down Payment ($):

Percent Down (%):

First Mortgage: $495,920

Mortgage insurance premium: $0

Total Financing: $495,920

Rough closing fee (1.5%): ~ $9,299

Total downpayment with estimated closing fee: $133,279

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	$2,585	$31,020
Gross rental income (income/principal ratio)	0.417%	5.004%
Mortgage	$0	$0
Monthly Expenses	$775	$9,300
Vacancy	$130	$1,551
Management Fee	$207	$2,482
Expense / Income Ratio	29.98%	29.98%
Cash Flow	$1,474	$17,688
Net Operating Income (NOI)	$1,474	$17,688
Capitalization Rate	0.24%	2.85%

Capitalization Rate: 2.85%

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).): $885,572

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