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Bedrooms: 3
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Bathrooms: 3
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MLS®: 202321088
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Type: Residential
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Added: 208 days ago
Property Details
Welcome to 167 Morrison Lane. This year-round 3 bedroom, 2.5 bath home is situated on 1.9 acres with 128ft of water frontage on South West/New London Bay. As you enter the circular driveway and take the path to the front door, you enter into a breathtaking open concept living room, kitchen and dining area with sunroom. The primary bedroom, en-suite and walk-in closet complete the main living area. On the second level is a bedroom, half bathroom and bonus loft space. The lower level features a large bedroom, full bathroom and walk out basement from the mechanical room, which features the Geo-Thermal heating/cooling system. The large deck gives you a complete 180 degree view of the bay. The property is close to golf courses, national parks and beaches. There is also an option to purchase the adjacent 1.8 acre waterfront lot with purchase of the main property. ("First Rights" of lot purchase goes to main home purchaser). (id:1945)
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Property Information
- Sewer: Septic System
- Heating: Forced air, Electric, Heat Recovery Ventilation (HRV)
- List AOR: PEIA
- Stories: 1.5
- Tax Year: 2023
- Basement: Partially finished, Full, Walk out
- Flooring: Tile, Hardwood
- Year Built: 1992
- Appliances: Washer, Refrigerator, Central Vacuum, Dishwasher, Stove, Dryer, Alarm System, Jetted Tub
- Lot Features: Circular Driveway
- Photos Count: 41
- Water Source: Drilled Well
- Parcel Number: 704585
- Bedrooms Total: 3
- Structure Type: House
- Common Interest: Freehold
- Fireplaces Total: 1
- Parking Features: Gravel
- Bathrooms Partial: 1
- Exterior Features: Wood siding
- Fireplace Features: Woodstove
- Foundation Details: Poured Concrete
- Lot Size Dimensions: 1.9
- Waterfront Features: Waterfront
- Above Grade Finished Area: 2365
- Above Grade Finished Area Units: square feet
Room Dimensions
Type |
Level |
Dimensions |
Living room |
Main level |
18.11 x 24.8 |
Dining room |
Main level |
13.10 x 9.9 |
Kitchen |
Main level |
9.2 x 14.6 + 5.1 x 4.6 |
Sunroom |
Main level |
12 x 13 |
Primary Bedroom |
Main level |
18.1 x 12.2 |
Ensuite (# pieces 2-6) |
Main level |
11.8 x 12.8 + 3.1 x 5.10 |
Foyer |
Main level |
8.9 x 5.4 |
Bedroom |
Second level |
8.10 x 12.1 |
Bath (# pieces 1-6) |
Second level |
6.4 x 4.3 |
Other |
Second level |
11.8 x 22.2 |
Bedroom |
Lower level |
15.3 x 10.4 |
Bath (# pieces 1-6) |
Lower level |
6.5 x 6.3 + 4 x 5 |
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Similar Houses Stat in New London
We have found 6 Houses that closely match the specifications of the property located at 167 Morrison Lane with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 649,900 and 950,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the C0B1M0 postal code area of New London Prince Edward Island Canada.
167 Morrison Lane mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 167 Morrison Lane. The current price of the property is $699,900, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $559,920. This would result in a monthly mortgage payment of $3,273 over a 25-year amortization period.
Demographic Information
Neighbourhood Education
Master's degree
|
15
|
Bachelor's degree
|
55
|
University / Below bachelor level
|
15
|
Certificate of Qualification
|
10
|
College
|
65
|
University degree at bachelor level or above
|
65
|
Neighbourhood Marital Status Stat
Married
|
230
|
Widowed
|
15
|
Divorced
|
10
|
Separated
|
10
|
Never married
|
70
|
Living common law
|
25
|
Married or living common law
|
255
|
Not married and not living common law
|
105
|
Neighbourhood Construction Date
1961 to 1980
|
10
|
1981 to 1990
|
30
|
1991 to 2000
|
35
|
2001 to 2005
|
15
|
2006 to 2010
|
10
|
1960 or before
|
65
|