Telephone Email40 COLORADO Street, Paradise, Newfoundland & Labrador, Canada A1L4L8

For sale · MLS® 1299845

40 COLORADO Street

Paradise, NL, A1L4L8

5 bd3 ba1,939 sqftBuilt 2026

List price

$623,000

40 COLORADO Street Paradise Newfoundland & Labrador Canada A1L4L8, 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® 1299845

Construction is set to begin on this BEAUTIFUL FULLY DEVELOPED HOME by DMP Contracting. This home will feature a large foyer, open concept kitchen with an island, a large living room, crown moldings on the main area, main floor laundry, a large master bedroom with ensuite & walk-in closet, plus 2 other nice sized bedrooms.....The basement offers a FINISHED FAMILY ROOM, BATHROOM AND BEDROOM PLUS DOUBLE IN HOUSE GARAGE....Comes completed with a 10 x 12 patio deck where you have an AMAZING UNOBSTRUCTED VIEW OF TOPSAIL POND & THREE ISLAND POND, , front & back eavestrough, front landscaping & double paved driveway. 8-year Lux home warranty. Located next to walking trails, playground, schools and all other amenities . (id:56688)

Property details

MLS®1299845

Listing ID29985995

Address40 COLORADO Street, Paradise, Newfoundland & Labrador, Canada A1L4L8

StatusActive

Last updated3 months ago ( Jul 31, 2026 )

Year Built2026

Property TypeSingle Family

Architectural StyleBungalow

Structure TypeHouse

Number of stories1

Beds5

Baths3

HeatingBaseboard heaters, Electric

SewerMunicipal sewage system

Living Area Total1,939 square feet

Price per sq ft: $322

Tax Annual Amount$0

GarageNo

Attached GarageNo

Garage Spaces2

Water SourceMunicipal water

RoofAsphalt shingle, Unknown

Foundation DetailsConcrete

HeatingBaseboard heaters, Electric

Exterior FeaturesVinyl siding

CoolingAir exchanger

Common InterestFreehold

Number of photos available1

Rurl
Coordinates: [47.520169, -52.896489]

Rooms

Lower level	Bath (# pieces 1-6) Bedroom Bedroom Office Family room	4 Pcs 9.6 x 10 9 x 10 9.9 x 14 10 x 14
Main level	Ensuite Bedroom Bedroom Primary Bedroom Living room Kitchen	4pcs 8.6 x 9 9 x 10 12.8 x 13 11 x 14 14 x18

Basic Calculator

Principal Amount ($):

Annual Interest Rate (%):

Loan Term (Years):

Down Payment ($):

Percent Down (%):

First Mortgage: $498,400

Mortgage insurance premium: $0

Total Financing: $498,400

Rough closing fee (1.5%): ~ $9,345

Total downpayment with estimated closing fee: $133,945

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	$0	$0
Gross rental income (income/principal ratio)	0.000%	0.000%
Mortgage	$0	$0
Monthly Expenses	$779	$9,348
Vacancy	$0	$0
Management Fee	$0	$0
Expense / Income Ratio	Infinity%	Infinity%
Cash Flow	$-779	$-9,348
Net Operating Income (NOI)	$-779	$-9,348
Capitalization Rate	-0.13%	-1.50%

Capitalization Rate: -1.50%

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).): $890,000

Neighbourhood scores

Explore Paradise on Walk Score

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