Lot 15 OREL Lane

Souris · MLS® 202621329

1 sq ft lot · Land · Vacant Land · 61 days on market

listed by Kyle Kickham, EAST COAST REALTY

realtor's description

A fantastic opportunity to own a 0.6-acre waterview lot just outside of Souris, PEI. Offering beautiful views of the water and access to the river, this property is a great option for those looking to build a seasonal getaway or future home in a peaceful Eastern PEI setting. Enjoy easy access to the river for kayaking, canoeing, windsurfing and other water activities, all while being only a short drive from the heart of Souris, where you'll find shopping, restaurants, schools and everyday amenities. When you're ready for a day at the beach, some of PEI's incredible sandy beaches are also just a short drive away. With its convenient location, water views and nearby river access, this lot offers an affordable way to enjoy the laid-back coastal lifestyle Eastern PEI is known for.

property details

type: Land, Vacant Land
lot: 1 sq ft
parking: 0
property tax: $290 / yr
days on market: 61
MLS®: 202621329

features

Sloping

monthly cost

$329/mo

Mortgage $305 · Tax $24

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

estimated payment

$305/ monthly

loan $55,920

25-year amortization

down payment20% · $13,98020%+ 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: $35,444
cash to close: $13,980; down payment; transfer tax and fees not included
total paid: $91,364

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