24-28 Penney's Hill Road

Victoria · MLS® 1293580

Land · Vacant Land · 288 days on market

listed by Dwayne Young, HomeLife Experts Realty Inc.

realtor's description

Location, Location, Location! This approximate 1.5 acres of land backs directly onto a town maintained boardwalk and Clarke’s Gully Park! Perfect for your dream home! Or... it is a fantastic investment opportunity for a Seniors Complex, vacation rentals/cabins/pods or other apartment/condo type project in Victoria! The awesome location is approximately 1-hr from St. John’s and minutes to the hospital, shops and restaurants in Carbonear. Here, every season brings fresh adventure. From winter fun like snowshoeing across rugged barrens & snowmobiling, to breezy Summer picnics on towering ocean cliffs & ATVing, beach days at Salmon Cove Sands or Northern Bay Sands… there’s never a bad time of year in this beautiful corner of Newfoundland. This is a fantastic opportunity for prime land in Conception Bay North!

property details

type: Land, Vacant Land
parking: 0
property tax: $300 / yr
days on market: 288
MLS®: 1293580

monthly cost

$286/mo

Mortgage $261 · Tax $25

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

estimated payment

$261/ monthly

loan $47,920

25-year amortization

down payment20% · $11,98020%+ 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: $30,374
cash to close: $11,980; down payment; transfer tax and fees not included
total paid: $78,294

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