Buying or Selling your House in Western Newfoundland and Labrador

1591 Topsail Road NEW

Paradise, Newfoundland & Labrador

$499,900

Quick Summary

Location
Paradise, Newfoundland & Labrador
Price
$499,900
Building Type
Multi-Family
Property Type
Single Family
Status
For sale
Area
n/a
Beds
0
Baths
n/a
Age
n/a
Postal Code
A1L 1S7
MLS®
1291864
Courtesy Of
Century 21 Seller's Choice Inc.
Database ID:61026 DDF Feed ID: 29020236 Latitude: 47.529469 Longitude: -52.86896

Property 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:47053)

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Building Information

  • Building Type: Multi-Family
  • Electric Heat
  • Vinyl siding
  • Flooring: Ceramic Tile, Laminate
  • Municipal water

Full Details

MLS® Number:1291864
Ownership Type:Freehold
Price:$499,900
Property Type:Single Family
Transaction Type:For Sale
Zoning Description:Comm. Main St
More Information Link: https://www.realtor.ca/real-estate/29020236/1591-topsail-road-paradise

Size Total Text:58 x 88 x 71 x 82|4,051 - 7,250 sqft
Sewer:Municipal sewage system
Size Irregular:58 x 88 x 71 x 82

Bedrooms Above Ground:0
Bedrooms Total:0
Constructed Date:1970
Exterior Finish:Vinyl siding
Flooring Type:Ceramic Tile, Laminate
Heating Fuel:Electric
Type:Multi-Family
Utility Water:Municipal water
Listing information last updated on 2025-10-22 16:12:26 -0230
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