1-5 Park Avenue photo 1

MLS #1293883

1-5 Park Avenue

Mount Pearl

$1,000,000

Vacant Land
Source Listing

Property Details

For sale, almost 3 acres of land zoned for commercial or residential use and ready for immediate development. Ideally located on Park Avenue just off Topsail Road and borders along the Waterford River. Ideal location for any type of business, (Apartments, seniors complex, restaurant, pub, daycare). (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$1,000,000
Down Payment - 8%$80,000
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$6,721

Mortgage Payment
$5,513
Property Tax
$708
Insurance
$150
Utilities
$350
Down Payment
$80,000
Loan Amount
$920,000
Total Interest
$733,924

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

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