Lot 16 Silverwood Lane

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$59,000

Lot 16 Silverwood Lane

Inverness · MLS® 202525641

0 sq ft lot · Land · Vacant Land · 379 days on market

listed by Ryan Ehler, Keller Williams Select Realty(Sydney,Townsend St.)

realtor's description

Beautiful lot located in the heart of Inverness on Silverwood Lane, a peaceful and family-friendly new subdivision surrounded by quality homes. Just minutes from world-famous Cabot golf courses, Inverness Beach, and the bustling village center, this property offers the perfect balance of tranquility and convenience. Enjoy being a short walk to the Inverness hospital, local shops, and a quick jaunt to the Inverness Raceway. With municipal services available and a surveyed lot, this is an ideal spot to build your dream home or investment property in one of Cape Bretons fastest-growing communities. Come see why everyones talking about Inverness, opportunity is knocking on Silverwood Lane!

property details

type: Land, Vacant Land
lot: 0 sq ft
parking: 0
days on market: 379
MLS®: 202525641

features

Softwood bush

monthly cost

$257/mo

Mortgage $257

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

estimated payment

$257/ monthly

loan $47,200

25-year amortization

down payment20% · $11,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $29,917
cash to close: $11,800; down payment; transfer tax and fees not included
total paid: $77,117

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