217 Indian Meal Line photo 11 / 7

MLS #1286334

217 Indian Meal Line

Torbay

$575,000

Vacant Land
Source Listing

Property Details

Ideal development opportunity! This approx 10 acre parcel of vacant land sits at the crossroads of Indian Meal Line and the Torbay Bypass Rd with over 750 feet of frontage on Indian Meal Line. The location provides great accessibility and exposure with though traffic connecting the City of St. John's and the communities of Torbay, Flatrock, Pouch Cove, Bauline and Portugal Cove-St. Philips. This is an ideal opportunity for commercial and/or residential development - current zoning allows opportunity for residential (single, double, row, apartment), recreational open space, commercial, and industrial uses. (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$575,000
Down Payment - 6%$34,500
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$4,146

Mortgage Payment
$3,239
Property Tax
$407
Insurance
$150
Utilities
$350
Down Payment
$34,500
Loan Amount
$540,500
Total Interest
$431,180

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

Contact Felix

Ask about this listing

Speak with Felix about showing times, offer strategy, financing next steps, or whether this property fits your search.

Similar Listings

Other properties to compare

View All Listings