1591 Topsail Road, Paradise
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:1945)
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Property details for 1591 Topsail Road, Paradise
- Type
- Commercial
- Lot Size
- 58 x 88 x 71 x 82
- Heating
- Electric
- Exterior
- Vinyl siding
- Ownership
- Freehold
- Annual Taxes
- $2,100 (2026)
Nearby Listings Stat
Estimated price and comparable properties near 1591 Topsail Road
Active Listings
127
Min Price
$179,900
Max Price
$5,375,000
Avg Price
$599,761
Days on Market
66
days
Sold Listings
64
Min Sold Price
$219,900
Max Sold Price
$825,000
Avg Sold Price
$494,989
Days until Sold
30
days
Neighbourhood Census Data
Paradise, Newfoundland and Labrador / Terre-Neuve-et-Labrador
Population
1,334
Median Age
36.7
Median Income
$52,966
Dwelling Value
$334,436
Housing Tenure
Owners 84%
Renters 16%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.7
Pop. Density: 721.1/km²
Avg Shelter Cost: $1,782/mo
Owners with Mortgage: 87.8%
Owners Spending 30%+: 12.3%
Tenants Spending 30%+: 23.5%
English only: 93.6%
English and French: 6.4%
Median Household Income: $122,560
Median Employment Income: $54,912
Price History
Listed
August 12, 2026
by Century 21 Seller's Choice Inc.
Current Price
$525,000
+1% from last change
Type
Commercial
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $525,000 | +$5,000 (+1%) |
| May 19, 2026 | $520,000 | Listed |
