1068-1106 Torbay Road photo 11 / 6

MLS #1256211

1068-1106 Torbay Road

Torbay

$225,000

Vacant Land
Source Listing

Property Details

Attention investors and land developers ! Check out these 9+ acres of undeveloped land ready for your plans, located on Torbay Road just around the corner from Middle Cove Road and close to all amenities. This land is craving your plans for larger lots and a private cul-de-sac, or as mixed use you could construct your business and get excellent exposure or cater to our retirees and provide 50+ living. New Survey provided by the Vendors so all you need is your imagination. (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$225,000
Down Payment - 5%$11,250
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$1,940

Mortgage Payment
$1,281
Property Tax
$159
Insurance
$150
Utilities
$350
Down Payment
$11,250
Loan Amount
$213,750
Total Interest
$170,518

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

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