44-48 Back Road

Upper Island Cove · MLS® 1300196

Land · Vacant Land · 106 days on market

listed by Brent Roach, Royal LePage Atlantic Homestead

realtor's description

This beautiful, 0.55 acre parcel of land on Back Road in Upper Island Cove offers a rare opportunity to build your dream home with stunning ocean views. There is potential to subdivide into two lots with 135' total road frontage (subject to town approval). The natural incline of the property is perfectly positioned to take full advantage of the coastal scenery, providing a peaceful and picturesque setting. Ideal for a year-round residence or seasonal getaway, this location combines rural living with convenient access to nearby amenities. With municipal services available this land is ready for development, this is a prime spot for anyone looking to enjoy the charm and natural beauty of Newfoundland’s coastline. Survey to be completed to determine exact boundaries. There is a rock wall at the top of the lot that is the expected property boundary.

property details

type: Land, Vacant Land
parking: 0
property tax: $450 / yr
days on market: 106
MLS®: 1300196

monthly cost

$298/mo

Mortgage $261 · Tax $38

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 25, 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.