Lot 26-5 MacLauchlan Road

West Covehead · MLS® 202618970

1 sq ft lot · Land · Vacant Land · 87 days on market

listed by Nick MacDonald, RE/MAX CHARLOTTETOWN REALTY

realtor's description

Build your dream home on this beautiful vacant building lot on MacLauchlan Road in West Covehead. Tucked just off a year-round road, this property offers panoramic water views of both Covehead Bay and Brackley Bay in a peaceful coastal setting. Enjoy the perfect balance of privacy and convenience, located just 20 minutes from Charlottetown and only a short drive to the stunning white sand beaches of PEI National Park. A rare opportunity to build in one of PEI's most scenic locations.

property details

type: Land, Vacant Land
lot: 1 sq ft
parking: 0
days on market: 87
MLS®: 202618970

features

Rolling

monthly cost

$497/mo

Mortgage $497

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

estimated payment

$497/ monthly

loan $91,200

25-year amortization

down payment20% · $22,80020%+ 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: $57,806
cash to close: $22,800; down payment; transfer tax and fees not included
total paid: $149,006

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