Telephone Email69 Magee Drive, Paradise, Newfoundland & Labrador, Canada A1L0K3

For sale · MLS® 1304830

69 Magee Drive

Paradise, NL, A1L0K3

4 bd3 ba2,080 sqftBuilt 2014

List price

$569,900

69 Magee Drive Paradise Newfoundland & Labrador Canada A1L0K3, 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® 1304830

Welcome to this well-appointed 2-apartment home ideally located in a family-friendly neighbourhood in Paradise, just steps from the community playground & minutes from schools, walking trails, shopping, and a variety of amenities. The main unit offers a bright, open-concept layout with a spacious living room & dining area, highlighted by a custom feature wall with electric fireplace, mini-split, crown moulding, & hardwood flooring throughout the main living areas. The white kitchen provides ample cabinetry, backsplash, island, & stainless steel appliances. The spacious primary bedroom features a walk-in closet & ensuite, while two additional bedrooms & a full main bathroom complete the main level. The registered basement apartment offers a comfortable 1-bedroom layout with an open-concept living space, providing excellent additional living space or income potential. The property also features an in-house garage & partially fenced backyard, making this a fantastic opportunity for families, investors, or those looking for added flexibility in a desirable Paradise location. (id:56688)

Property details

MLS®1304830

Listing ID30447236

Address69 Magee Drive, Paradise, Newfoundland & Labrador, Canada A1L0K3

StatusActive

Last updated4 days ago ( Oct 27, 2026 )

Year Built2014

Property TypeSingle Family

Architectural Style2 Level

Structure TypeTwo Apartment House

Beds4

Baths3

HeatingBaseboard heaters, Electric, Mini-Split

SewerMunicipal sewage system

FlooringHardwood, Laminate, Mixed Flooring

Living Area Total2,080 square feet

Price per sq ft: $274

Tax Annual Amount$2,938

GarageNo

Attached GarageNo

Garage Spaces1

Water SourceMunicipal water

RoofAsphalt shingle, Unknown

Foundation DetailsConcrete

HeatingBaseboard heaters, Electric, Mini-Split

FlooringHardwood, Laminate, Mixed Flooring

Exterior FeaturesVinyl siding

Common InterestFreehold

Number of photos available48

Rurl
Coordinates: [47.539708, -52.904104]

Rooms

Basement	Bath (# pieces 1-6) Not known Not known Not known	4pc 11.6 x 10.0 14.10 x 12.6 10.8 x 12.6
Main level	Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom Kitchen Living room	4pc 9.0 x 12.0 9.0 x 12.0 4 pc 12.0 x 14.0 18.10 x 14.5 11.7 x 11.7

Basic Calculator

Principal Amount ($):

Annual Interest Rate (%):

Loan Term (Years):

Down Payment ($):

Percent Down (%):

First Mortgage: $455,920

Mortgage insurance premium: $0

Total Financing: $455,920

Rough closing fee (1.5%): ~ $8,549

Total downpayment with estimated closing fee: $122,529

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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	$0	$0
Gross rental income (income/principal ratio)	0.000%	0.000%
Mortgage	$0	$0
Monthly Expenses	$713	$8,556
Vacancy	$0	$0
Management Fee	$0	$0
Expense / Income Ratio	Infinity%	Infinity%
Cash Flow	$-713	$-8,556
Net Operating Income (NOI)	$-713	$-8,556
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).): $814,143

Neighbourhood scores

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