0 Highway 540

Gore Bay, Silver Water · MLS® 40831685

Land · Vacant Land · 157 days on market

listed by Edwin Alexander, Jag Realty Inc.

realtor's description

2.2 acre building lot on Hwy 540 next door to Stop 540 Restaurant in the quiet hamlet of Silver Water half hour west of Gore Bay. Hydro, drilled well and septic are done.

property details

type: Land, Vacant Land
parking: 0
property tax: $116 / yr
days on market: 157
MLS®: 40831685

features

Country residential

monthly cost

$445/mo

Mortgage $435 · Tax $10

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$435/ monthly

loan $79,920

25-year amortization

down payment20% · $19,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $50,656
cash to close: $19,980; down payment; transfer tax and fees not included
total paid: $130,576

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.