1589 Topsail Road, Paradise, Newfoundland & Labrador A1L 1V1

Listed for:
$289,900
4 beds
2 baths
Listed 4 days ago
Two Apartment House for rent: 1589 Topsail Road, Paradise, Newfoundland & Labrador A1L 1V1

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About

Welcome to 1589 Topsail Road. This home in Paradise offers an exceptional opportunity for first time buyers or investors looking to generate rental income with the benefit of the additional unit. At 1,018 sq ft per floor, the property sits on an oversized lot with rear yard access and room for additional vehicles. The main unit features 2 spacious bedrooms a bonus room, bright living room with hardwood floors and a recently refreshed kitchen with access to the back deck overlooking Neils Pond. The apartment unit offers its own two bedrooms, kitchen, living space and utility room. The basement has been refreshed in recent years with new paint, lighting, and flooring. Each unit is served by its own 100amp electrical panel. The lot overlooks Neils pond, giving the property unobstructed views along with direct access to the surrounding walking trails, a rare feature for a home in this price range and location. Previously generating $3,000/month in combined rent ($1,600 upper, $1,400 lower), the income potential speaks for itself. The property is located in a well-established area within walking distance of Sobeys, restaurants, coffee shops, shopping, and recreational facilities. The property is also zoned CM (Commercial Main Street) with the Town of Paradise, offering potential future development opportunities, subject to Town approvals and applicable regulations. There shall be no conveyance of offers until 11am on July 8th, 2026. Offers shall be left open until 4pm on the same day. (id:27476)

Property Highlights

MLS® Number
1299804
Type
Single Family
Ownership Type
Freehold
Land Size
50x155|7,251 - 10,889 sqft

Building

Building Type
Two Apartment House
Storeys
1.00
Square Footage
2036 sqft
Bathrooms Total
2
Bedrooms Above Ground
2
Bedrooms Total
4
Exterior Finish
Vinyl siding
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Electric
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Septic tank

Room Layout

Utility room
Basement
8.11x11.5
Bedroom
Basement
8.11x14.5
Den
Basement
9.5x11.9
Bedroom
Basement
8.4x11.0
Kitchen
Basement
14.2x9.9
Bedroom
Main level
10.6x9.5
Bath (# pieces 1-6)
Main level
9.5x5.8
Laundry room
Main level
8.7x5.8
Not known
Main level
10.6x8.9
Primary Bedroom
Main level
10.6x14.10
Kitchen
Main level
13.9x12.11
Living room
Main level
18.4x11.7

Location

Learn more about this property
Listing provided by:
RE/MAX Infinity Realty Inc.
MLS® number:
1299804
Agent:
Aaron Watkins
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