1591 Topsail Road,Paradise, NL A1L1S7
Paradise, NL A1L1S7
Description
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:13843)
Details
| MLS # | 1301225 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-family |
| Status | Active |
| Year | 1970 |
| Days On Site | 73 |
| Listing Provided By | Century 21 Seller's Choice Inc. | Jaykumar Patel |
Features
| Zoning | Comm. Main St |
|---|
Interior
| Heating | Electric |
|---|---|
| Fireplace Yes / No | No |
Exterior
| Roof | Asphalt shingle, Unknown |
|---|
Utilities
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 2100 |
|---|---|
| Tax Year | 2026 |
Area Information
| Province | NL |
|---|---|
| City | Paradise |
| Postal Code | A1L1S7 |
| Listing VS Median (in A1L1S7) | |
Price: $525,000 low | high Med: $0 On site: 73 low | high Med: | |
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Learn More About This Property
| Province | NL |
|---|---|
| City | Paradise |
| Postal Code | A1L1S7 |
| Listing VS Median (in A1L1S7) | |
Price: $525,000 low | high Med: $0 On site: 73 low | high Med: | |
