$85,000
MLS #1286948 · Corner Brook
51 Broadway
- Type
- Vacant Land
- Agent
- John Fox
- Brokerage
- Royal LePage NL Realty-Deer Lake
1 / 3Property Details
A rare find in the City of Corner Brook: a 19,413 square foot lot located in a quiet area on Bayview Heights. This property boasts beautiful mature birch trees, offering a natural and serene setting that you can incorporate into the design of your new home. The lot is also conveniently located just minutes from a trail that connects to a groomed snowmobile trail when conditions permit. This makes it an ideal spot for snowmobiling enthusiasts or those who enjoy snowshoeing in the winter months. For builders looking for an investment opportunity, this lot presents the potential to be subdivided. With a 103-foot frontage, it could accommodate two homes. Approixmate cost for lateral for water and sewer is $19,000 (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 $84,900
$84,900
Over askingAt asking
Down Payment · 5%$4,245
Interest Rate5.25%
Amortization
Estimated Monthly Cost
$1,128
- Mortgage Payment
- $503
- Property Tax
- $125
- Insurance
- $150
- Utilities
- $350
Cash To Close
$4,245
- Down Payment
- $4,245
- CMHC Insurance (financed)
- $3,226
- Loan Amount
- $83,881
- Total Interest · 25 yr
- $66,915
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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