Telephone Email1108 Kenmount Road Unit#202, Paradise, Newfoundland & Labrador, Canada A1l1N3

For sale · MLS® 1304169

1108 Kenmount Road Unit#202

Paradise, NL, A1l1N3

1,200 sqftBuilt 2019

List price

$252,000

1108 Kenmount Road Unit#202 Paradise Newfoundland & Labrador Canada A1l1N3, 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® 1304169

Commercial condo space now available for purchase. This unit is currently leased and could make a great investment. Priced to sell. This is part of over 16,000 sq. ft commercial condo building where approximately 50% of the units have been sold. Plenty of paved parking available and grade level entrance makes this unit perfect for many commercial uses. Ceiling height is approximately 10 ft and 3 Phase electrical. Ideal for a wide range of businesses including office space, retail, or light industrial. Situated in a prim e commercial area with lots of traffic flow and exposure. (id:56688)

Property details

MLS®1304169

Listing ID30403958

Address1108 Kenmount Road Unit#202, Paradise, Newfoundland & Labrador, Canada A1l1N3

StatusActive

Last updated15 days ago ( Oct 15, 2026 )

Year Built2019

Property TypeRetail

Structure TypeCommercial Mix

Ownership TypeFreehold

Number of stories1

Number of Levels1

HeatingElectric

Living Area Total1,200 square feet

Price per sq ft: $210

Tax Annual Amount$2,192

GarageNo

Attached GarageNo

CarportNo

Open ParkingNo

WaterfrontNo

PoolNo

RoofAsphalt shingle, Unknown

HeatingElectric

Common InterestFreehold

Business TypeOther

Number of photos available14

Rurl
Coordinates: [47.525119, -52.853393]

Rooms

Basic Calculator

Principal Amount ($):

Annual Interest Rate (%):

Loan Term (Years):

Down Payment ($):

Percent Down (%):

First Mortgage: $201,600

Mortgage insurance premium: $0

Total Financing: $201,600

Rough closing fee (1.5%): ~ $3,780

Total downpayment with estimated closing fee: $54,180

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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	$1,320	$15,840
Gross rental income (income/principal ratio)	0.524%	6.286%
Mortgage	$0	$0
Monthly Expenses	$315	$3,780
Vacancy	$66	$792
Management Fee	$106	$1,268
Expense / Income Ratio	23.86%	23.86%
Cash Flow	$834	$10,008
Net Operating Income (NOI)	$834	$10,008
Capitalization Rate	0.33%	3.97%

Capitalization Rate: 3.97%

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).): $360,000

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