Lot 1 Falcon Drive

Canaan · MLS® 202525302

0 sq ft lot · Land · Vacant Land · 382 days on market

listed by Margaret MacKay, MacKay Real Estate Ltd.

realtor's description

Welcome to Canaan Heights, a sought-after subdivision in the heart of the Annapolis Valley, offering beautiful views of Cape Blomidon. This fully serviced lot comes with underground power, municipal water, and municipal sewer connections. the community features a park, playground, walking trails, picnic areas, and a basketball court - ideal for families and those who enjoy the outdoors. With quick highway access and just an hour's drive to downtown Halifax, the location offers both convenience and lifestyle. Canaan Heights is experiencing a resurgence in development, making it the perfect opportunity to purchase. You can use the builder of your choice, while restrictive covenants help maintain the quality and appeal of the neighbourhood. Please note, the purchase price is subject to HST over and above.

property details

type: Land, Vacant Land
lot: 0 sq ft
parking: 0
days on market: 382
MLS®: 202525302

features

Partially cleared

monthly cost

$414/mo

Mortgage $414

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

estimated payment

$414/ monthly

loan $76,000

25-year amortization

down payment20% · $19,00020%+ 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: $48,172
cash to close: $19,000; down payment; transfer tax and fees not included
total paid: $124,172

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

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