1591 Topsail Road Paradise, Newfoundland & Labrador A1L 1S7

$499,000

Opportunities like this don’t come around often! 1591 Topsail Road is a registered four-unit property in one of Paradise’s fastest-growing areas, offering direct backyard access to the pond trail and unbeatable convenience. Located just steps from the new Sobeys, Starbucks, Shoppers Drug Mart, Dollarama, restaurants, and the Paradise town center, this property is also near the new elementary and junior high schools, with a brand-new high school on the way—making it a fantastic long-term investment. The building consists of four fully registered units, all with electric heat—three one-bedroom units and one two-bedroom unit with one bath. The roof, windows, and half the siding have been replaced within the last 10 years, so some major upgrades are already complete. However, the fourth unit requires extensive renovations, making this a perfect opportunity for someone handy and looking to build equity. For someone looking to live in one unit while renting out the others, this property is an excellent way to cover your expenses and live for free. And once the fourth unit is renovated, it becomes a cash-flowing investment, adding even more value. With direct pond access, a prime location, and strong rental demand, 1591 Topsail Road is priced below typical multi-unit properties—offering incredible potential for both homeowners and investors. Don’t miss out—book your viewing today! (id:51189)

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https://www.realtor.ca/real-estate/27913105/1591-topsail-road-paradise