$279,000
MLS #1297492
Lot 6 Jenny's Way
Logy Bay-Middle Cove-Outer Cove
- Property Type
- Vacant Land
- Listing Agent
- Tim Crosbie
- Brokerage
- Royal LePage Property Consultants Limited
1 / 14Property Details
A Prime parcel of land zoned Rural but with a 90 ft. frontage zoned Rural / Residential .This land could accommodate one very private estate. This parcel can be subdivided into executive style smaller estate-sized lots with the appropriate zoning changes. Privacy is the key word and the proximity to all the amenities is a definite advantage. Maybe a developer might consider a 55-plus community since there are NONE on the northeast Avalon... Any applicable HST is to be the responsibility of the purchasers . Well & septic services are required for this area . (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$499,500
Down Payment - 5%$24,975
Interest Rate5.25%
Amortization
Estimated Monthly Cost
$3,698
- Mortgage Payment
- $2,844
- Property Tax
- $354
- Insurance
- $150
- Utilities
- $350
- Down Payment
- $24,975
- Loan Amount
- $474,525
- Total Interest
- $378,549
Estimate only. Final payments depend on lender approval, taxes, insurance, closing costs, and mortgage insurance when applicable.
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