Unit Parcel 045 - 120 Elizabeth Street photo 11 / 7

MLS #1165834

Unit Parcel 045 - 120 Elizabeth Street

Corner Brook

$119,000

Vacant Land
Source Listing

Property Details

Prime Development Opportunity Near Western Memorial Regional Hospital! Discover nearly six acres (5.98) of vacant land in a highly desirable location, offering endless development potential. With convenient access from the top of Elizabeth Street, this property is ideal for multiple building sites. Future residents will enjoy stunning views, a prime location just minutes from the hospital, and direct access to major trail routes. Positioned between Elizabeth Street and the Lewin Parkway, the land is bordered by a hydro line for easy utility access. A survey and topographical map are available for prospective buyers and zoning is Residential High Density. Don’t miss this incredible opportunity to invest in one of the region’s most sought-after areas! (id:66441)

Cost To Own

Down payment and monthly ownership estimate

Start with the listing price, then adjust the financing and monthly carrying costs for a practical estimate.

Purchase Price$119,000
Down Payment - 5%$5,950
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$1,302

Mortgage Payment
$677
Property Tax
$125
Insurance
$150
Utilities
$350
Down Payment
$5,950
Loan Amount
$113,050
Total Interest
$90,185

Estimate only. Final payments depend on lender approval, taxes, insurance, closing costs, and mortgage insurance when applicable.

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