2023-2 CABOT TRAIL Road

Birch Plain · MLS® 202605041

7 sq ft lot · Land · Vacant Land · 218 days on market

listed by Jenessa MacInnis, RE/MAX Park Place Inc.

realtor's description

This 7.4+ ACRE, Vacant Land Property with Atlantic Ocean WATER FRONTAGE is your BLANK CANVASS for development. The land itself is SURVEYED, basically LEVEL and mainly WOODED (HARDWOOD). The 262' of Shoreline has a very manageable bank for easy ACCESS. 7.47 Acres can assure privacy & location choices for residential and/or commercial use. A world of possibility awaits on the WORLD FAMOUS CABOT TRAIL close to the CAPE BRETON HIGHLANDS NATIONAL PARK, Cape Smokey Ski Hill and in a welcoming community. All your common convenience are found in Ingonish (30min), Baddeck (50min) or North Sydney (60min). This is Lot 2 of 2 neighbouring lots, more/less the same size.. DRONE PHOTOS give overview perspective. Please walk this property to see for yourself and be inspired by the crashing waves on the beach.

property details

type: Land, Vacant Land
lot: 7 sq ft
parking: 0
days on market: 218
MLS®: 202605041

features

Level lot
Treed
Sloping
Rolling

monthly cost

$850/mo

Mortgage $850

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment

$850/ monthly

loan $156,000

25-year amortization

down payment20% · $39,00020%+ 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: $98,879
cash to close: $39,000; down payment; transfer tax and fees not included
total paid: $254,879

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