Rte 12 Southwest Lot 16

South West Lot 16 · MLS® 202604136

1 sq ft lot · Land · Vacant Land · 229 days on market

listed by Wayne MacKinnon, ROYAL LEPAGE COUNTRY ESTATES 1985 LTD

realtor's description

Just minutes from the City of Summerside, this is an ideal location to build the home you've been dreaming of. This category 1 lot is ready for development-simply bring your house plans and get started. The property has no restrictive covenants, giving you flexibility for your build. A survey is also available for your convenience.

property details

type: Land, Vacant Land
lot: 1 sq ft
parking: 0
days on market: 229
MLS®: 202604136

features

Level lot
Softwood bush

monthly cost

$261/mo

Mortgage $261

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

estimated payment

$261/ monthly

loan $47,920

25-year amortization

down payment20% · $11,98020%+ 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: $30,374
cash to close: $11,980; down payment; transfer tax and fees not included
total paid: $78,294

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