$78,000
MLS #1300922 · Ferryland
12-14 Freshwater Road
- Type
- Vacant Land
- Agent
- Peter Kavanagh
- Brokerage
- RE/MAX Infinity Realty Inc. - Sheraton Hotel
Property Details
Prime land development opportunity in historic community of Ferryland along the scenic Southern Shore Highway. *3.48 acres of land. *Approx. 324 feet of highway frontage. *Excellent residential development potential *Ideal for subdivision, investment, or private estate development. *Municipal water available along the highway. *Located just over an hour from St. John's. A rare opportunity to secure a sizable parcel in one of Newfoundland's most picturesque and growing coastal communities. Ferryland is known for its rich history, stunning ocean views and increasing interest in residential growth and development. (id:66441)
Cost To Own
Down payment & monthly cost
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%.
Your OfferAsking $149,000
$149,000
Over askingAt asking
Down Payment · 5%$7,450
Interest Rate5.25%
Amortization
Estimated Monthly Cost
$1,507
- Mortgage Payment
- $882
- Property Tax
- $125
- Insurance
- $150
- Utilities
- $350
Cash To Close
$7,450
- Down Payment
- $7,450
- CMHC Insurance (financed)
- $5,662
- Loan Amount
- $147,212
- Total Interest · 25 yr
- $117,437
Under 20% down requires CMHC default insurance, added to your loan. Estimate only — final costs depend on lender approval, taxes, insurance, and closing costs.
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