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Key Details
Sold Price $527,100
Property Type Condo
Sub Type 2-Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 2,057 sqft
Price per Sqft $256
MLS Listing ID 1301156
Sold Date 09/11/26
Style Detached,Split Entry
Bedrooms 5
Full Baths 3
Year Built 2013
Annual Tax Amount $2,912
Lot Dimensions 57x98
Property Sub-Type 2-Apartment
Source NLAR
Property Description
Located in the highly sought-after Paradise Ridge Subdivision, this 13-year-old 2-apartment home is an exceptional opportunity for both homeowners and investors. Ideally situated just a 2-minute drive from nearby parks and green spaces, this property offers the perfect blend of convenience, comfort, and income potential.
This spacious split-entry home features a bright, functional layout with three generously sized bedrooms and two full bathrooms in the main unit. You'll love the welcoming front porch, beautiful hardwood floors, and the expansive rec room on the lower level—perfect for a family room, home office, or entertainment space.
The fully developed two-bedroom basement apartment is bright, spacious, and serves as an excellent mortgage helper or investment opportunity. The main unit currently rents for $2,200 POU, while the basement apartment rents for $1,300 POU, providing strong rental income from day one.
Outside, enjoy a large, private backyard with plenty of room for children, pets, or summer entertaining, along with a storage shed and parking for up to four vehicles.
Whether you're looking to expand your investment portfolio or purchase a home with built-in rental income, this property truly checks all the boxes. Don't miss your opportunity to own this fantastic income-generating home in one of Paradise's most desirable, family-friendly neighbourhoods. As per Seller Direction there will be no conveyance of offers prior to 5pm August 3rd,2026, offers to be left open until 9pm
Location
Province NL
Zoning RES
Interior
Heating Baseboard, Electric, Mini Split
Cooling Baseboard, Electric, Mini Split
Exterior
Exterior Feature Vinyl
Parking Features Storage Shed
Roof Type Shingle - Asphalt
Building
Foundation Apartment, Fully Developed
Sewer Municipal
Water Municipal
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