Lot 42 Ocean Bay Drive

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$95,000

Lot 42 Ocean Bay Drive

St. Peter's Harbour · MLS® 202615506

1 sq ft lot · Land · Vacant Land · 122 days on market

listed by Andrea Bright, ROYAL LEPAGE PRINCE EDWARD REALTY

realtor's description

Discover Ocean Bay Estates! Lot 42 Ocean Bay Drive is a beautiful 0.60 acre lot in an up-and-coming water view subdivision just minutes from the Village of Morell. This community offers an exceptional opportunity for year-round living near the sea, with stunning beaches and world-class golf nearby. With new homes already completed and essential infrastructure like roads (to be widened), electricity, culverts in place, and PERC tested Category 1, this lot is ready to build your dream home on! Imagine waking up to the peaceful sight of the Greenwich Dunes, Red Head Harbour and the fresh sea breeze every morning. Protective covenants are in place to ensure the beauty of your piece of paradise is maintained.

property details

type: Land, Vacant Land
lot: 1 sq ft
parking: 0
days on market: 122
MLS®: 202615506

features

Rolling

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.