2 Moore's Valley Road photo 11 / 8

MLS #1298414

2 Moore's Valley Road

Torbay

$109,000

Vacant Land
Source Listing

Property Details

Build your dream home in the heart of Torbay! This prime 1/3 acre building lot has already received preliminary approval from the Town of Torbay as a building lot, making it an excellent opportunity for those looking to start their next project. Ideally located in one of Torbay’s most desirable areas, the property offers beautiful ocean views and is just minutes from the renowned East Coast Trail, providing endless opportunities for hiking, walking, and enjoying Newfoundland’s stunning coastline. With convenient access to local amenities, schools, and recreational facilities, this lot combines the tranquility of coastal living with the convenience of town life. Don’t miss your chance to secure a piece of Torbay’s scenic landscape. (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$109,000
Down Payment - 5%$5,450
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$1,246

Mortgage Payment
$621
Property Tax
$125
Insurance
$150
Utilities
$350
Down Payment
$5,450
Loan Amount
$103,550
Total Interest
$82,606

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

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