Lot #1 Main Road photo 11 / 4

MLS #1298058

Lot #1 Main Road

North River

$29,900

Vacant Land
Source Listing

Property Details

Located on the Main Road in the appealing town of North River, 4 building lots with various sizes ranging from .56-.81 of an acre, total frontage of all 4 is 96.4 ft. Lot # 1 and #2 $29,900. Lot # 3 $32,900. Lot # 4 $34,900. plus HST Option to purchase all 4 lots at a price of $109,900. plus HST New surveys completed March 14, 2025, see attached. Build your dream home, or summer vacation property in this charming town that offers a licensed salmon river for fishing, boating, plenty of ATV and ski- doo trails, blueberry picking, just to mention a few! For investors, a development possibility of 2- 5 unit rental properties (based on property size) that may also qualify for Government subsidy program. Lots will require well and septic. In the event this Listing Contract expires without the property having sold, the Seller DOES NOT agree to allow other member of NLAR to contact the Seller after that time to discuss listing or otherwise marketing the Property (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$29,900
Down Payment - 5%$1,495
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$795

Mortgage Payment
$170
Property Tax
$125
Insurance
$150
Utilities
$350
Down Payment
$1,495
Loan Amount
$28,405
Total Interest
$22,660

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

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