217 Indian Meal Line

Torbay · MLS® 1286334

Land · Vacant Land · 500 days on market

listed by Ryan Hopkins, Royal LePage Property Consultants Limited

realtor's description

Ideal development opportunity! This approx 10 acre parcel of vacant land sits at the crossroads of Indian Meal Line and the Torbay Bypass Rd with over 750 feet of frontage on Indian Meal Line. The location provides great accessibility and exposure with though traffic connecting the City of St. John's and the communities of Torbay, Flatrock, Pouch Cove, Bauline and Portugal Cove-St. Philips. This is an ideal opportunity for commercial and/or residential development - current zoning allows opportunity for residential (single, double, row, apartment), recreational open space, commercial, and industrial uses.

property details

type: Land, Vacant Land
parking: 0
property tax: $1,215 / yr
days on market: 500
MLS®: 1286334

monthly cost

$2,606/mo

Mortgage $2,505 · Tax $101

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

estimated payment

$2,505/ monthly

loan $460,000

25-year amortization

down payment20% · $115,00020%+ 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: $291,566
cash to close: $115,000; down payment; transfer tax and fees not included
total paid: $751,566

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