316A Main Road

Tors Cove · MLS® 1303190

1 sq ft lot · Land · Vacant Land · 38 days on market

listed by Stephanie McGrath, 3% Realty East Coast

realtor's description

Located in the scenic coastal community of Tors Cove, this parcel of land offers a great opportunity to build your year-round home, weekend retreat or investment property. Surrounded by mature trees and Newfoundland’s natural landscape, the lot offers a peaceful setting with nearby access to the coastline and outdoor recreation. Enjoy quiet rural living while remaining within commuting distance of St. John’s. Purchasers are responsible for obtaining all necessary permits and approvals for their intended use.

property details

type: Land, Vacant Land
lot: 1 sq ft
parking: 0
days on market: 38
MLS®: 1303190

monthly cost

$305/mo

Mortgage $305

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

estimated payment

$305/ monthly

loan $55,920

25-year amortization

down payment20% · $13,98020%+ 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: $35,444
cash to close: $13,980; down payment; transfer tax and fees not included
total paid: $91,364

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