$159,000
MLS #1297954 · Mount Moriah
121-129 Serpentine Road
- Type
- Vacant Land
- Agent
- Tiffany Clarke
- Brokerage
- RE/MAX Realty Professionals Ltd. - Corner Brook
1 / 4Property Details
This 1.4-acre property in Mount Moriah offers a unique opportunity for development, extending from Main Street to the Newfoundland T'Railway. The lot features expansive views of the bay and has existing water and sewer services connected to the current structure. The property is being offered for its land value, with the existing building included on an as-is basis. Any repairs, removal, or redevelopment of the structure will be 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 $69,900
$69,900
Over askingAt asking
Down Payment · 5%$3,495
Interest Rate5.25%
Amortization
Estimated Monthly Cost
$1,039
- Mortgage Payment
- $414
- Property Tax
- $125
- Insurance
- $150
- Utilities
- $350
Cash To Close
$3,495
- Down Payment
- $3,495
- CMHC Insurance (financed)
- $2,656
- Loan Amount
- $69,061
- Total Interest · 25 yr
- $55,093
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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