Lot 13 Burnt Cove Road photo 11 / 2

MLS #1291511

Lot 13 Burnt Cove Road

Tors Cove

$60,000

Vacant Land
Source Listing

Property Details

An excellent opportunity to build your dream home on a 1.4 -acre parcel of land ideally located on both the Southern Shore Highway and Burnt Cove Road in the scenic community of Tors Cove. This property offers a peaceful, residential setting only a short distance to the ocean, providing the perfect backdrop for year-round outdoor enjoyment. The surrounding area is renowned for its natural beauty and recreational opportunities, including: • Whale and bird watching • Iceberg viewing • World-class hiking on the East Coast Trail • Sport fishing and hunting • Seasonal berry picking • Proximity to La Manche Provincial Park for camping and swimming. Located approximately 42 kilometres south of St. John's along Route 10 on the Irish Loop, this property combines the charm of a quiet coastal community with convenient access to urban amenities. Whether you are looking to build a year-round residence or a private getaway, this property presents an exceptional opportunity in one of Newfoundland’s most picturesque settings. (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$60,000
Down Payment - 5%$3,000
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$967

Mortgage Payment
$342
Property Tax
$125
Insurance
$150
Utilities
$350
Down Payment
$3,000
Loan Amount
$57,000
Total Interest
$45,471

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

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