55 VILLELLA Road

Sherbrooke, Lowbanks · MLS® 40831819

Land · Vacant Land · 157 days on market

listed by Isaac Phillips, Royal LePage State Realty Inc.

realtor's description

Enjoy dramatic panoramic lakefront vistas from this waterfront lot on Lake Erie overlooking Mohawk Island! 2026 building permit paid for and in place (Note: Development charge responsibility of the Buyer) Driveway culvert installed. Engineered Armour stone shore wall installed at beachside. Plan features full basement, open concept main floor with waterside walkout, attached garage, covered porch and 2.5 baths. Hydro and natural gas available. Nothing in this listing should be relied on as a substitute for legal, or engineering advice regarding permits necessary to construct home of your choice.

property details

type: Land, Vacant Land
parking: 0
property tax: $281 / yr
days on market: 157
MLS®: 40831819

features

Country residential

monthly cost

$1,413/mo

Mortgage $1,390 · Tax $23

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

estimated payment

$1,390/ monthly

loan $255,200

25-year amortization

down payment20% · $63,80020%+ 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: $161,756
cash to close: $63,800; down payment; transfer tax and fees not included
total paid: $416,956

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