Lot Newson Drive

Union Road · MLS® 202603862

1 sq ft lot · Land · Vacant Land · 233 days on market

listed by Jeff Gaudet, CENTURY 21 COLONIAL REALTY INC

realtor's description

Located less than 5 minutes outside of Charlottetown, this beautiful 1-acre lot offers the best of both worlds ? peaceful country living with city convenience just around the corner. Situated on Newson Drive off Union Road, the property is ready for you to build on: power lines run adjacent to the lot for an easy electrical connection, and the private drive has no maintenance fees. At this size and price point, opportunities like this rarely come up this close to the city. Please note: a neighbour's septic line may protrude slightly into the lot, as highlighted on the attached survey.

property details

type: Land, Vacant Land
lot: 1 sq ft
parking: 0
days on market: 233
MLS®: 202603862

monthly cost

$370/mo

Mortgage $370

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

estimated payment

$370/ monthly

loan $68,000

25-year amortization

down payment20% · $17,00020%+ 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: $43,101
cash to close: $17,000; down payment; transfer tax and fees not included
total paid: $111,101

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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