$375,000
MLS #1297707 · Portugal Cove-St. Philip's
Unit Lot 1 - 77-79 Round Pond Road
- Type
- Vacant Land
- Agent
- Paul Fowler
- Brokerage
- RE/MAX Infinity Realty Inc.
1 / 4Property Details
Prime Development Opportunity – 7.38 Acres on Tolt Road, Portugal Cove-St. Philip’s. Exceptional opportunity to own 7.38 acres of land in one of the most sought-after areas of Portugal Cove-St. Philip’s. Ideally located on scenic Tolt Road, this expansive parcel offers stunning views of Conception Bay and endless potential for residential development. Town sewer services are less than 100 metres away, adding significant convenience and value for future development. Surrounded by quality homes and just minutes from schools, recreation, and all amenities, this property combines the tranquility of country living with the accessibility of modern infrastructure. Whether you’re a developer seeking your next project or an investor looking for long-term growth, this property is a rare find in a prime location. (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 $415,000
$415,000
Over askingAt asking
Down Payment · 5%$20,750
Interest Rate5.25%
Amortization
Estimated Monthly Cost
$3,251
- Mortgage Payment
- $2,457
- Property Tax
- $294
- Insurance
- $150
- Utilities
- $350
Cash To Close
$20,750
- Down Payment
- $20,750
- CMHC Insurance (financed)
- $15,770
- Loan Amount
- $410,020
- Total Interest · 25 yr
- $327,091
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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