$520,000
FOR SALE

Multiplex

1591 Topsail Road
Paradise, NL A1L 1S7

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:47421)
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Listed By Century 21 Seller's Choice Inc.
Data Provided By Newfoundland & Labrador Association of REALTORS®
MLS® Listing Number 1295116
Last Updated Mar 15, 2026
Property Summary
Property Type Multiplex

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Price History

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Detailed Information
Listing Contract Date 2026-03-09
Ownership Type Freehold
Property Type Other
Transaction Type For sale
Zoning Description Comm. Main St
Building
Constructed Date 1970
Exterior Finish Vinyl siding
Flooring Type Marble, Ceramic, Laminate
Heating Fuel Electric
Type Multi-Family
Utility Water Municipal water
Land
Total Size 58 x 88 x 71 x 82 | 4,051 - 7,250 sqft
Sewer Municipal sewage system
Size of Irregular Land 58 x 88 x 71 x 82

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