$499,000
MLS #1293162
8 Silver Head Way
Logy Bay Middle Cove Outer Cove
- Property Type
- Vacant Land
- Listing Agent
- Bill Penney
- Brokerage
- Merit NL Real Estate Ltd.
1 / 13Property Details
Approved 1.54-acre executive building lot located on prestigious Silverhead Way, just off Marine Drive in scenic Middle Cove. This exceptional property offers breathtaking ocean views and the perfect vantage point to enjoy both stunning sunrises and picturesque sunsets. Ideally situated near walking trails, Middle Cove Beach, schools, shopping, Jack Byrne Arena, and only 10 minutes from the city of St. John’s. The lot includes a drilled artesian well and is ready for development. Build your dream home on this remarkable site or inquire about potential turnkey package options. **HST applicable to the purchaser. (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$434,999
Down Payment - 5%$21,750
Interest Rate5.25%
Amortization
Estimated Monthly Cost
$3,284
- Mortgage Payment
- $2,476
- Property Tax
- $308
- Insurance
- $150
- Utilities
- $350
- Down Payment
- $21,750
- Loan Amount
- $413,249
- Total Interest
- $329,667
Estimate only. Final payments depend on lender approval, taxes, insurance, closing costs, and mortgage insurance when applicable.
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