1591 Topsail Road, Paradise, Newfoundland & Labrador, CA

Address: 1591 Topsail Road, Paradise, Newfoundland & Labrador

0 Beds0 Baths0 sqftStatus: Buy
Price $499,900

Property Overview


Investment opportunity in Paradise. 1591 Topsail Road is a registered four-unit property in one of the town’s fastest-growing areas, featuring direct backyard access to the scenic pond trail and excellent convenience. The location places you close to a variety of amenities, restaurants, and the Paradise Town Centre. Families will also appreciate being near schools, with a brand-new high school currently in development, which adds to the long-term appeal of this property. The building includes four fully registered units with electric heat throughout. There are three one-bedroom apartments and one two-bedroom unit with a full bath. Key upgrades have already been completed, including the roof, windows, and half the siding within the last 10 years. One unit still requires significant renovations, creating an excellent opportunity for a buyer who wants to build equity and add value. This property works well for both investors and owner-occupiers. Live in one unit while the others help cover expenses, or renovate the final unit to maximize rental income and transform the building into a strong cash-flowing investment. With direct pond access, a prime location, and steady rental demand, 1591 Topsail Road is priced attractively compared to similar multi-unit properties. Book your viewing today to see the potential for yourself. (id:51532)

 

Tags




Property Summary
Property Type
Single Family
Building Type
Multi-Family
Title
Freehold
Land Size
58 x 88 x 71 x 82|4,051 - 7,250 sqft
Built in
1970
Building
Interior Features
Flooring
Laminate, Marble, Ceramic
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Vinyl siding
Land
Other Property Information
Zoning Description
Comm. Main St
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Your Home Finance Calculation

Property Price CA $499,900
Bank Loan Amount CA $0
Monthly Installment CA $0

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