478 HEBRIDES Lane

New London · MLS® 202609906

Land · Vacant Land · 171 days on market

listed by Steve Yoston, EXIT Realty PEI

realtor's description

Facing the Southwest River and New London Bay, this waterfront lot is located within one of the oldest and best managed three season cottage associations on PEI. Your annual dues of $1,050 + HST provides you with free access to a 9 hole par 3 golf course, a heated swimming pool, mini putt, games room and a clubhouse that can be used for family gatherings. Also included is a regulated water system and grass cutting of lots and common areas. The gently sloping west facing lot includes 214 ft. of water frontage to a sandy beach. Water and septic system in place.

property details

type: Land, Vacant Land
parking: 0
property tax: $761 / yr
days on market: 171
MLS®: 202609906

monthly cost

$412/mo

Mortgage $349 · Tax $63

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

estimated payment

$349/ monthly

loan $64,000

25-year amortization

down payment20% · $16,00020%+ 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: $40,566
cash to close: $16,000; down payment; transfer tax and fees not included
total paid: $104,566

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