Property Information:

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 July 14th, all offers to remain open for consideration until 9pm July 14th (id:27)

Building Features:

Style: Detached
Building Type: Two Apartment House
Construction Style - Attachment: Detached
Construction Style - Split Level: Split level
Exterior Finish: Vinyl siding
Floor Space: 2057 sqft
Flooring Type: Marble, Ceramic, Hardwood, Laminate, Flooring Type
Heating Type: Baseboard heaters
Heating Fuel: Electric
Cooling Type: Air exchanger
Appliances: Dishwasher, Refrigerator, Washer, Dryer

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Bedrooms: 5
Bathrooms: 3
Built in: 2013
Fence Type: Fence
Floor Space (approx): 2057 Square Feet
Irregular: Yes
Lot Size: 57x98
Zoning: RES
Sewer: Municipal sewage system

Rooms:

Other Basement Level 9.6x12.10
Bathroom Basement Level 5.7x9.1
Other Basement Level 8.7x9.1
Other Basement Level 10.8x12.7
Other Basement Level 11.11x10.7
Laundry Basement Level 8.9x4.9
Recreation Room Basement Level 17.7x18.11
Bathroom Main Level 9.3x5.11
Bedroom Main Level 9x12.6
Bedroom Main Level 8.10x10.10
Ensuite Bathroom Main Level 5.3x8.5
Primary Bedroom Main Level 13.x11.11
Breakfast Main Level 7.4x12.4
Kitchen Main Level 12.2x12.4
Living Main Level 12.2x13.'3

Courtesy of: BlueKey Realty Inc., Keller Williams Platinum Realty

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Demographic Information of 31 Howard Avenue, Paradise, Newfoundland & Labrador, A1L 3M9

Life Stage

Growing Families

Employment Type

Mixed

Average Household Income

$140,829.65

Average Number of Children

1.71

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.34 %

High school certificate or equivalent

21.89 %

Apprenticeship trade certificate/diploma

9.78 %

College/non-university certificate

33.04 %

University certificate (below bachelor)

1.22 %

University Degree

23.73 %

Commuter

Travel To Work

By Car

92.07 %

By Public Transit

2.44 %

By Walking

0.2 %

By Bicycle

0.0 %

By Other Methods

5.29 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

Houses

100.0 %

31 Howard Avenue, Paradise, Newfoundland & Labrador, A1L 3M9