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Renanza Realty
For sale

16 Mountaineer Drive

Paradise, Newfoundland & Labrador

MLS® 1305302

$450,000

Status
Active
Property type
House
MLS® number
1305302
Bedrooms
5
Bathrooms
3
Year built
2013

Listing description

This registered two-apartment bungalow built by ERCO Homes sits in Paradise’s Adams Pond Subdivision. Investors get two rentable units, and owner-occupants can let the basement apartment help carry the mortgage. The main floor unit has a spacious eat-in kitchen with a patio door to a 10x12 deck, a separate living room, three bedrooms and two bathrooms, including an ensuite off the primary bedroom.

The main unit also includes a large room in the basement, suited to a rec room or home office. The main unit is now vacant, so a buyer can move in on closing or place a new tenant. The semi-above-ground basement apartment has its own [walkout/separate] entrance, two bedrooms, a full bathroom, a living room and a fully equipped eat-in kitchen.

With both units rented at market rates, combined income is estimated at $3,500 per month. Approximate monthly electricity costs are $300 in winter and $100 in summer for the main unit, and $230 in winter and $120 in summer for the basement apartment. Recent updates include laminate flooring in the primary bedroom (2023), a Maytag washer (2023), a new dishwasher (2024) and two resin storage sheds.

There is ample parking for both units and their guests in the driveway, about four spaces. The 2. 7 km Adams Pond Trail loops the pond near Mountaineer Drive, with docks along the way.

There are several nearby recreational amenities including Paradise Park’s splash pad, playground and dog parks are a short drive away. Along with shopping amenities including Paradise Plaza and the Topsail Road shopping corridor. Holy Family Elementary and several licensed daycares are in the St.

Thomas Line area. As per Seller’s Direction, no offers will be conveyed until Tuesday, November 17, 2026 at 5:00 p. m.

, and offers are to remain open for acceptance until 10:00 p. m. the same day.

Property summary

MLS® number
1305302
Property type
Single Family
Building type
Two Apartment House
Square footage
2,089 sq ft
Title
Freehold
Land size
55X103.4
Built in
2013
Annual property taxes
$3,053.70
Days on market
0 days

Features & details

Heating
Baseboard heaters, Electric
Cooling
Air exchanger
Flooring
Hardwood, Laminate, Marble, Carpeted, Ceramic, Mixed Flooring
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
Exterior features
Wood, Vinyl siding, Shingles
Architectural style
Bungalow

What would this home cost you?

Based on the $450,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,094 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Royal LePage Property Consultants Limited, St. John's.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.