2 Moreys Lane photo 11 / 11

MLS #1298880

2 Moreys Lane

Torbay

$300,000

2 Beds
1 Bath
885 sqft
Single Family
Source Listing

Property Details

detached single-family home situated on a spacious corner lot measuring approximately 85ft x 158ft. This 2 bedroom home offers comfortable living with plenty of outdoor space, making it an excellent choice for first time buyers, downsizers or investors. The generous corner lot provides endless possibilities for gardening, future expansion, addition of a garage or redevelop land and build new (subject to towns approval) (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$300,000
Down Payment - 5%$15,000
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$2,421

Mortgage Payment
$1,708
Property Tax
$213
Insurance
$150
Utilities
$350
Down Payment
$15,000
Loan Amount
$285,000
Total Interest
$227,357

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

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