0.0 Kenmount Road photo 11 / 3

MLS #1298303

0.0 Kenmount Road

Mount Pearl

$2,200,000

Vacant Land
Source Listing

Property Details

6.44 ACRES on a high visibility area of Kenmount Road in Mount Pearl, with 417’ of road frontage on Kenmount Road. Located on the Northern Municipal boundary of Mount Pearl, in the area between Brant Drive and Mount Carson Avenue, backing on Masonic Place. The front 5.49 acres are Zoned Residential Commercial Mix (RCM) while 0.95 acres at the rear is Zoned Residential High Density (RHD). Many land use possibilities fall into the zoning of RCM, permits and approvals from City of Mount Pearl will be the responsibility of the purchaser. Any applicable HST is the responsibility of the purchaser. There is a 20.12 meter width road allowance held by the provincial government on the east boundary but not located within the boundaries of the 6.44 acres. (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$2,200,000
Down Payment - 20%$440,000
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$12,605

Mortgage Payment
$10,547
Property Tax
$1,558
Insurance
$150
Utilities
$350
Down Payment
$440,000
Loan Amount
$1,760,000
Total Interest
$1,404,028

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

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