Telephone Email15 Kemble Avenue, Paradise, Newfoundland & Labrador, Canada A1L4J1

For sale · MLS® 1304810

15 Kemble Avenue

Paradise, NL, A1L4J1

4 bd3 ba2,378 sqftBuilt 2024

List price

$539,900

15 Kemble Avenue Paradise Newfoundland & Labrador Canada A1L4J1, 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® 1304810

Welcome to this nearly new, one-year-old two-apartment home in Paradise! The main unit features two bedrooms and two full bathrooms upstairs, including a spacious primary bedroom with a walk-in closet and private ensuite complete with a custom-tiled shower. Hardwood stairs lead to an inviting, open-concept main living area featuring the kitchen, dining and living room, with laminate flooring throughout and tile in the wet areas. The second apartment comes drywalled with two bedrooms and a bathroom roughed in and is ready for your finishing touches, offering an excellent opportunity to customize the space to suit your needs. Whether you're looking for a home with added income potential or an investment opportunity, this property offers versatility and modern living in a growing community. (id:56688)

Property details

MLS®1304810

Listing ID30443409

Address15 Kemble Avenue, Paradise, Newfoundland & Labrador, Canada A1L4J1

StatusActive

Last updated4 days ago ( Oct 26, 2026 )

Year Built2024

Property TypeSingle Family

Architectural StyleBungalow

Structure TypeTwo Apartment House

Ownership TypeFreehold

Number of stories1

Number of Levels1

Beds4

Baths3

1/2 Baths0

HeatingElectric, Mini-Split

SewerMunicipal sewage system

FlooringLaminate, Other, Mixed Flooring

Living Area Total2,378 square feet

Price per sq ft: $228

Tax Annual Amount$3,000

GarageYes

Attached GarageYes

CarportNo

Open ParkingNo

WaterfrontNo

PoolNo

AppliancesWasher, Refrigerator, Stove, Dryer

Water SourceMunicipal water

RoofAsphalt shingle, Unknown

Foundation DetailsConcrete

HeatingElectric, Mini-Split

FlooringLaminate, Other, Mixed Flooring

Exterior FeaturesVinyl siding

CoolingAir exchanger

Common InterestFreehold

Number of photos available22

Rurl
Coordinates: [47.550452, -52.892552]

Rooms

Basement	Bath (# pieces 1-6) Bedroom Bedroom Not known Not known Recreation room	3PC null 10.1 x 9.8 null 9.10 x 9.10 null 10.10 x 13.0 null 10.10 x 13.0 null 12.7 x 14.9 null
Main level	Bedroom Ensuite Primary Bedroom Living room Kitchen	10.1 x 10.6 null 3PC null 12.9 x 13.6 null 13.0 x 12.0 null 13.8 x 13.2 null

Basic Calculator

Principal Amount ($):

Annual Interest Rate (%):

Loan Term (Years):

Down Payment ($):

Percent Down (%):

First Mortgage: $431,920

Mortgage insurance premium: $0

Total Financing: $431,920

Rough closing fee (1.5%): ~ $8,099

Total downpayment with estimated closing fee: $116,079

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	$2,616	$31,392
Gross rental income (income/principal ratio)	0.485%	5.814%
Mortgage	$0	$0
Monthly Expenses	$675	$8,100
Vacancy	$131	$1,570
Management Fee	$210	$2,512
Expense / Income Ratio	25.80%	25.80%
Cash Flow	$1,601	$19,212
Net Operating Income (NOI)	$1,601	$19,212
Capitalization Rate	0.30%	3.56%

Capitalization Rate: 3.56%

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).): $771,286

Neighbourhood scores

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