Myra Road Lot R-1A

Porters Lake | Nova Scotia

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$1,295,000

183 Myra Road Lot R-1A, Porters Lake, Nova Scotia, Canada. - Photo 1

183 Myra Road Lot R-1A, Porters Lake, Nova Scotia, Canada. - Photo 2

183 Myra Road Lot R-1A, Porters Lake, Nova Scotia, Canada. - Photo 3

183 Myra Road Lot R-1A, Porters Lake, Nova Scotia, Canada. - Photo 4

183 Myra Road Lot R-1A, Porters Lake, Nova Scotia, Canada. - Photo 5

183

Myra Road Lot R-1A

Porters Lake | Nova Scotia

183 Myra Road Lot R-1A, Porters Lake, Nova Scotia, Canada. , Porters Lake , Nova Scotia

This Rare Gem In One Of The Most Coveted Locations.

Located in a highly desirable neighborhood, this stunning 19-acre parcel of waterfront land offered as a complete package is an exceptional opportunity for investors, developers, builders, or families looking to create their dream property. Boasting 545 feet of prime, direct waterfront access on Porters Lake, this property provides endless possibilities for residential [hidden information] land has already been subdivided into 5 lots, offering a flexible layout for various projects, this property presents an incredible investment opportunity to maximize its value. Whether you’re looking to develop luxury homes, create a private retreat, or explore other creative possibilities, this expansive land holds enormous potential. Enjoy the serenity of waterfront living while being close to all local amenities in this sought-after area. Don’t miss your chance to own this rare gem in one of the most coveted locations!

Property

Property Location

183 Myra Road Lot R-1A, Porters Lake, Nova Scotia, Canada., Porters Lake Nova Scotia

Local Weather & Climate

Porters Lake, Nova Scotia

Current Conditions Updated recently

32 °F

Overcast clouds

Feels Like 27°F

Humidity 85%

Wind 5 mph

Visibility 6.2 mi

Sunrise 10:25 AM

Sunset 10:18 PM

5-Day Forecast

Sun 15 Mar

Clouds

High 35°

Low 31°

Mon 16 Mar

Clouds

High 40°

Low 25°

Tue 17 Mar

Rain

High 51°

Low 40°

Wed 18 Mar

Clouds

High 36°

Low 27°

Thu 19 Mar

Clouds

High 33°

Low 26°

Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Porters Lake?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

Down Payment

C$100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for Canada. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on Canada tax year 2025 (fiscal year: January-December), rules effective from 1972. Tax laws change frequently and may have been amended since this data was compiled.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

$1,295,000

183 Myra Road Lot R-1A, Porters Lake, Nova Scotia, Canada.

Porters Lake, Nova Scotia

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Market Opinion

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Our perspective on current market conditions in Porters Lake. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis

International luxury real estate typically appreciates steadily over time.

Buyer Score

Estimated regional appreciation: 4% annually

Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $129,500,000 20% down ($25,900,000)

Investment Perspective

$1 → $1.36

Every dollar invested today could become $1.36 in 10 years

$100 → 136 $1,000 → $1,362

$11,128/day

Your home may appreciate while you sleep

$78,109/week $338,474/mo $4,061,685/yr

$100K Investment Comparison (10 Years)

Real Estate (Leveraged)

$281K

S&P 500 Index

$259K

High-Yield Savings

$155K

Real estate leverage: potential 8% advantage over stocks

-$71.3M

+$101.1M

$101.1M Potential Equity

vs $71.3M lost to rent over 10 years

$25.9M Down Payment Growth

3.9x

10yr

$101.1M

8.1x

20yr

$209.3M

12.6x

30yr

$327.1M

Wealth Comparison

×779

Equivalent to 779 average US homes

top 5%

US household wealth ranking

Median: $193K Yours: $327.1M

Time to Double Your Investment (accounting for market cycles)

42.4

years

Conservative

1.65% effective/yr

22.4

years

Market-Based

3.14% effective/yr

15.3

years

Optimistic

4.62% effective/yr

Projected Home Values (adjusted for market cycles)

10 Years

Conservative $152.5M +18%

Market $176.4M +36%

Optimistic $203.5M +57%

$101.1M est. equity

20 Years

Conservative $179.6M +39%

Market $240.2M +85%

Optimistic $319.8M +147%

$209.3M est. equity

30 Years

Conservative $211.5M +63%

Market $327.1M +153%

Optimistic $502.6M +288%

$327.1M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Important Disclaimer

The information presented in this Market Opportunity Opinion is provided for informational and educational purposes only and should not be construed as financial, investment, legal, or real estate advice. This analysis represents our opinion based on publicly available data and should not be relied upon as the sole basis for any real estate or investment decision.

No Guarantee of Accuracy: While we strive to provide accurate and up-to-date information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability of the data, projections, or analysis contained herein. Market conditions can change rapidly and unpredictably.

Not Professional Advice: This content does not constitute professional real estate, financial, or investment advice. We strongly recommend consulting with qualified professionals—including licensed real estate agents, financial advisors, attorneys, and tax professionals—before making any real estate or investment decisions.

Past Performance Disclaimer: Historical data and trends presented do not guarantee future results. Real estate markets are subject to numerous factors beyond the scope of this analysis, including economic conditions, interest rates, local regulations, and unforeseen events.

By viewing this information, you acknowledge that you understand these limitations and agree that the property owner, listing agent, brokerage, and platform providers shall not be held liable for any decisions made based on this analysis.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

What is the listing price for 183 Myra Road Lot R-1A, Porters Lake, Nova Scotia, Canada?

This property is listed at $129,500,000.

Is now a good time to buy a home in Porters Lake?

Based on current market indicators, Porters Lake shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.

What type of property is 183 Myra Road Lot R-1A, Porters Lake, Nova Scotia, Canada?

This is a land parcel located in Porters Lake, Nova Scotia. The property is situated in an established neighborhood with convenient access to local amenities and services.

Brokerage: