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10.7 acres Rue du Portage
homes for sale · Caraquet
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$299,900

10.7 acres Rue du Portage

Caraquet · MLS® NB140896

11 sq ft lot · Land · Vacant Land · 143 days on market

listed by Robert Noel, RE/MAX Professionals

realtor's description

This large lot located along Route 11 (Rue du Portage), near Caraquet, represents a promising investment opportunity. Given its depth, this property is suitable for the construction of townhouses, thereby meeting the growing demand for housing in the region. The seller is open to the possibility of selling one-acre parcels, offering significant flexibility for various projects. However, surveying costs will be the buyers responsibility; the terms regarding this subdivision and the associated costs may also be negotiated based on the amount of the offer submitted. Furthermore, the terms of the land subdivision and the associated costs are negotiable, allowing the investor to make an attractive offer. To maximize the potential return on investment, it would be wise to conduct market research to assess local demand and to familiarize yourself with current regulations. In short, this lot offers several avenues for development, whether through direct construction or the sale of sublots, making this investment an opportunity worth serious consideration.

property details

type
Land, Vacant Land
lot
11 sq ft
parking
0
property tax
$485 / yr
days on market
143
MLS®
NB140896

features

  • Visual exposure
  • Hardwood bush
  • Softwood bush

monthly cost

$1,347/mo
Mortgage $1,307 · Tax $40

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

estimated payment
$1,307/ monthly
loan $239,920
25-year amortization
total interest
$152,071
cash to close
$59,980
down payment; transfer tax and fees not included
total paid
$391,991

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

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Robert Noel
RE/MAX Professionals
call Robert · 506-720-0846
Powered by: REALTOR.ca

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location

CaraquetGoogle Maps ↗

location

CaraquetGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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