Telephone Email94 Deborah Lynn Heights, Paradise, Newfoundland & Labrador, Canada A1L3E6

For sale · MLS® 1304200

94 Deborah Lynn Heights

Paradise, NL, A1L3E6

3 bd2 ba2,604 sqftBuilt 1981

List price

$394,900

94 Deborah Lynn Heights Paradise Newfoundland & Labrador Canada A1L3E6, 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® 1304200

No Sellers Directive. **Sub-Dividable Lot**Unique Opportunity! Cozy 3 bedroom home sitting on a Half Acre lot. The bright main floor consists of the large living room, dining room, great kitchen, 3 substantial size bedrooms including the master bedroom & the main bath. Head downstairs and you will find a big rec room with a bar, laundry, half bath and a huge storage room which could be further developed into more living space. The house has had the shingles replaced within the last two years along with some new flooring on the main and the removal of some of the stucco ceilings. Copper plumbing was replaced with PEX in 2018. The property is surrounded by large mature trees for wonderful privacy and plenty of space to build a large garage in the future if you desire. This is a fantastic opportunity for a first time buyer or savvy investor/ contractor, with the ability to sub-divide the property. (id:56688)

Property details

MLS®1304200

Listing ID30384645

Address94 Deborah Lynn Heights, Paradise, Newfoundland & Labrador, Canada A1L3E6

StatusActive

Last updated20 days ago ( Oct 10, 2026 )

Year Built1981

Property TypeSingle Family

Structure TypeHouse

Ownership TypeFreehold

Number of stories1

Number of Levels1

Beds3

Baths2

1/2 Baths1

HeatingElectric

SewerMunicipal sewage system

FlooringLaminate, Carpeted, Other

Living Area Total2,604 square feet

Price per sq ft: $152

Tax Annual Amount$2,259

GarageNo

Attached GarageNo

CarportNo

Open ParkingNo

WaterfrontNo

PoolNo

AppliancesRefrigerator, Dishwasher, Stove, Microwave

Water SourceMunicipal water

RoofAsphalt shingle, Unknown

Foundation DetailsPoured Concrete

HeatingElectric

FlooringLaminate, Carpeted, Other

Exterior FeaturesVinyl siding

Common InterestFreehold

Number of photos available37

Rurl
Coordinates: [47.551904, -52.881307]

Rooms

Lower level	Storage Bath (# pieces 1-6) Recreation room	26 x 20 null 2PC null 26 X 13.5 null
Main level	Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Kitchen Dining room Living room	4PC null 12 x 12 null 12 x 10 null 13.5 x 12 null 13.5 x 12 null 13.5 x 10 null 16 x 13 null

Basic Calculator

Principal Amount ($):

Annual Interest Rate (%):

Loan Term (Years):

Down Payment ($):

Percent Down (%):

First Mortgage: $315,920

Mortgage insurance premium: $0

Total Financing: $315,920

Rough closing fee (1.5%): ~ $5,924

Total downpayment with estimated closing fee: $84,904

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	$2,865	$34,380
Gross rental income (income/principal ratio)	0.726%	8.706%
Mortgage	$0	$0
Monthly Expenses	$494	$5,928
Vacancy	$144	$1,719
Management Fee	$230	$2,751
Expense / Income Ratio	17.24%	17.24%
Cash Flow	$1,999	$23,988
Net Operating Income (NOI)	$1,999	$23,988
Capitalization Rate	0.51%	6.07%

Capitalization Rate: 6.07%

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).): $564,143

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