06-7 Sailors Lane

Malpeque · MLS® 202621072

2 sq ft lot · Land · Vacant Land · 65 days on market

listed by Brandon Williams, COLLIERS PEI

realtor's description

Private building lot sitting at the end of a tree lined lane, overlooking the World Famous Malpeque Bay. This 1.59 acre level building lot has a CAT 2 soil rating, deeded water access and is ready for you to build your dream home. Located 10km from Kensington, 25km from Summerside and 60km from Charlottetown, you are never far from the important essentials.

property details

type: Land, Vacant Land
lot: 2 sq ft
parking: 0
property tax: $1,270 / yr
days on market: 65
MLS®: 202621072

features

Level lot
Partially cleared

monthly cost

$759/mo

Mortgage $654 · Tax $106

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

estimated payment

$654/ monthly

loan $120,000

25-year amortization

down payment20% · $30,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $76,061
cash to close: $30,000; down payment; transfer tax and fees not included
total paid: $196,061

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