Lots 5 & 6 E 8th Avenue

Prince Rupert · MLS® R3097790

3,750 sq ft lot · Land · Vacant Land · 231 days on market

listed by Mike Morse, RE/MAX Coast Mountains (PR)

realtor's description

This 3750 sf building lot is located in a quiet neighbourhood, near the end of a no-through road with a walking trail that leads to the newly developed Seal Cove salt marsh park and waterfront walking trails. The property backs onto an unused field with a large level area near the front.

property details

type: Land, Vacant Land
lot: 3,750 sq ft
parking: 0
property tax: $338 / yr
days on market: 231
MLS®: R3097790

monthly cost

$460/mo

Mortgage $431 · Tax $28

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

estimated payment

$431/ monthly

loan $79,200

25-year amortization

down payment20% · $19,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 26, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $50,200
property transfer tax: $990; BC general rate
cash to close: $20,790; down + PTT
total paid: $129,400

first-time buyernewly built

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.