1900 Mervin Line

Cavan-Monaghan, Cavan Monaghan · MLS® X13784514

53 sq ft · 53 sq ft lot · Land · Vacant Land · 39 days on market

listed by Mac Crossman, Coldwell Banker Electric Realty

realtor's description

HWY #115 Exposure! 53.29 Acres Of Industrial Land Zoned M2 & H7. Designated As Rural Employment Area. Located At HWY #115 And Airport Road Interchange At The South End Of Peterborough. Fronts On Mervin Line & Backs On To HWY #115. Frontage Of 481.88 Ft. On Mervin Line. Frontage Of 1,027.21 Ft. On HWY #115. Depth Of 2,028.27 Ft. Great Visibility To HWY #115. Across The Road From The Peterborough Airport. 53.29 Acres Of Vacant Industrial Land. Zoning Allows For A Variety Of Permitted Uses.

property details

type: Land, Vacant Land
living area: 53 sq ft
lot: 53 sq ft
parking: 0
property tax: $9,629 / yr
days on market: 39
MLS®: X13784514

features

Conservation/green belt

monthly cost

$11,695/mo

Mortgage $10,892 · Tax $802

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

estimated payment

$10,892/ monthly

loan $2,000,000

25-year amortization

down payment20% · $500,00020%+ 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: $1,267,678
cash to close: $500,000; down payment; transfer tax and fees not included
total paid: $3,267,678

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