638 Indian Meal Line

Portugal Cove-St. Philips · MLS® 1293238

Land · Vacant Land · 317 days on market

listed by Bill Sheppard, RE/MAX Realty Specialists

realtor's description

Nice large building lot on the Portugal Cove side of Indian Meal Line near the boundary with Torbay. Mostly treed but there is an old structure on the land that is of no real value. Vendor will provide a new survey upon completion of this sale. It is located right on the boundary with Stable Life, a therapeutic barn with horses. A house on the lot would get a view across the Valley from the front of the house and privacy, with a view of the fields and horses from the Barn, to the rear. Peaceful.

property details

type: Land, Vacant Land
parking: 0
property tax: $670 / yr
days on market: 317
MLS®: 1293238

monthly cost

$556/mo

Mortgage $501 · Tax $56

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

estimated payment

$501/ monthly

loan $91,920

25-year amortization

down payment20% · $22,98020%+ 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: $58,262
cash to close: $22,980; down payment; transfer tax and fees not included
total paid: $150,182

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