$78,500
MLS #1296114 · Portugal Cove-St. Philip's
Unit Lot A - 674 Indian Meal Line
- Type
- Vacant Land
- Agent
- Bill Halley B.Comm
- Brokerage
- RE/MAX Realty Specialists
1 / 3Property Details
Discover the ideal setting for your dream home—whether for year-round living or as the perfect location for a beautiful summer residence. At nearly half an acre, this exceptional building lot offers a comfortable amount of room to build your optimal property. Embrace the small-town lifestyle and rural charm of this coastal community, which remains incredibly convenient. The property is in close proximity to all the amenities you need, including schools, shopping, and dining. Furthermore, you are less than 15 minutes away from the City of St. John's, major retail centres, and the international airport. The property is zoned for Beachy Cove Elementary, Brookside Intermediate, and Prince of Wales Collegiate. Note: HST and any permits required for development are the responsibility of the purchaser. (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 $75,000
$75,000
Over askingAt asking
Down Payment · 5%$3,750
Interest Rate5.25%
Amortization
Estimated Monthly Cost
$1,069
- Mortgage Payment
- $444
- Property Tax
- $125
- Insurance
- $150
- Utilities
- $350
Cash To Close
$3,750
- Down Payment
- $3,750
- CMHC Insurance (financed)
- $2,850
- Loan Amount
- $74,100
- Total Interest · 25 yr
- $59,113
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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