45-61 Robin's Pond Hill Road photo 11 / 3

MLS #1298582

45-61 Robin's Pond Hill Road

Torbay

$200,000

Vacant Land
Source Listing

Property Details

This private 1.5 acre lot is mostly treed and offers approx. 411 feet of road frontage. For the outdoor enthusiast, you'll be steps away from wooded trails ideal for hiking & snow shoeing. This would be a beautiful area to build a large private estate retaining trees for extra privacy. For builders looking to maximize their investment, this lot will also qualify for multi-unit development. At the time of listing, funding is still available under the Torbay Housing Accelerator Fund. If you would prefer a smaller parcel, the Seller is willing to subdivide into two 3/4 acre lots. Purchaser responsible for all development approvals and permits. Town's development regulations will require private well & septic installed, and road upgraded to town's standard. The first 95 feet of road is paved. Development will be as per Residential Infill Zone requirements. No HST applicable. (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$200,000
Down Payment - 5%$10,000
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$1,781

Mortgage Payment
$1,139
Property Tax
$142
Insurance
$150
Utilities
$350
Down Payment
$10,000
Loan Amount
$190,000
Total Interest
$151,571

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

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