
MLS #1299058 · Torbay
11 Pondside Lane
- Type
- Vacant Land
- Agent
- Brittany Penney
- Brokerage
- 3% Realty East Coast
Property Details
Opportunity knocks, and this location delivers! An exceptional 19.5-acre parcel of land in the highly desirable and beautiful Town of Torbay is being offered for sale for the very first time! The property is primarily zoned Residential Large Lot (RLL), with the portion fronting Torbay Road designated Mixed Use (MIX), providing a range of permitted and discretionary development options. This expansive, triangular-shaped parcel of land is strategically situated between Torbay Road, the Kevin Parsons (Torbay Bypass) Highway, and Quarry Road Ext, offering excellent visibility, accessibility, and development potential. Located just minutes from St. John’s, this site presents opportunities for a residential subdivision, commercial use, a seniors complex, a daycare facility, or a well-planned mixed development, subject to municipal approvals at Purchasers responsibility. With 19.5 acres of land in a scenic, sought-after community, this property offers privacy, space, and flexibility for a variety of exceptional future projects. A rare offering with significant potential for investors, builders, and developers. Purchaser is responsible for any development fees, permits, zoning changes and HST, if applicable. (id:66441)
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Cost To Own
Homes in a hot market often sell over asking. Model your winning bid, then adjust the financing to see the real cash to close and monthly carrying cost — including default insurance when you put down under 20%.
$975,000
Amortization
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Estimated Monthly Mortgage
$4,648
Cash To Close
$195,000
Estimate only — final costs depend on lender approval, taxes, insurance, and closing costs.
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Location
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