1194D Portugal Cove Road photo 11 / 12

MLS #1298669

1194D Portugal Cove Road

Portugal Cove-St. Philips

$119,900

Vacant Land
Source Listing

Property Details

Welcome to 1194D Portugal Cove Road, a rare opportunity to acquire a 0.69-acre parcel with outstanding development potential. This rear lot offers flexibility for both residential and commercial development, subject to the permitted uses and approvals from the Town of Portugal Cove–St. Philip's. Conveniently located opposite Windsor Lake, this property boasts stunning views and is just 10 minutes from Major’s Path. Situated near a new high school scheduled to open in early 2027 and next door to the popular Tilt House Bakery, it offers an exceptional opportunity to build your dream home or pursue a future business venture. Significant site preparation has already been completed, including full land clearing and the development of a grading plan, providing a valuable head start for your development goals. This charming parcel offers a private and peaceful setting while remaining close to everyday conveniences. Nearby schools, Stavanger Drive shopping area, grocery stores, restaurants, and other amenities are all within easy reach. Quick access to the Outer Ring Road provides seamless travel to other areas of St. John's, Mount Pearl, Conception Bay South, Paradise and the Trans Canada Highway. Purchasers should note that any applicable HST, permits, engineered building plans, and municipal approvals will be the sole responsibility of the buyer. Municipal water and sewer services are not available in the area. Well and Septic are the responsibility of the purchasers. (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$119,900
Down Payment - 5%$5,995
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$1,308

Mortgage Payment
$683
Property Tax
$125
Insurance
$150
Utilities
$350
Down Payment
$5,995
Loan Amount
$113,905
Total Interest
$90,867

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

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