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Home PE Lot 22
Lot 28 Ocean Drive
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Lot 28 Ocean Drive $1,020,000
$1,020,000
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Lot 28 Ocean Drive
Stanley Bridge, Prince Edward Island C0A1E0

MLS® Number: 202319929

Listing Description

Nestled in Prince Edward Island's breathtaking landscape, this upcoming quadplex, set to be completed in June 2024, is an exceptional investment. It offers versatile income potential, whether you prefer a permanent revenue stream or seasonal rentals. Each of the four units features 998 square feet of space, including 2 bedrooms and 2 bathrooms, ensuring comfort and convenience for residents and guests. Consider keeping one unit for yourself while renting out the remaining three. Parking is a breeze with 2 on-site parking spaces provided per unit. Golf enthusiasts will relish the proximity to Andersons Creek Golf Course, granting exclusive access to championship-level golfing. Additionally, the site is conveniently located near the resort's heated outdoor saltwater pool, providing a tranquil setting to relax. Residents can also enjoy an annual membership to an amenity center with pickle-ball and tennis courts, a fitness center, and more. Situated just minutes from Stanley Bridge Marina and a quick 5-minute drive to the famous beaches of Cavendish Resort Area, this location is truly exceptional. Furthermore, an on-site rental management company makes income generation effortless, even when you're away. Seize this unique opportunity to capitalize on Prince Edward Island's thriving tourism industry and secure a steady return on your investment. (228399891)

Property Summary

Property Type
Multi-family
Building Type
Fourplex
Storeys
1
Community Name
Stanley Bridge
Title
Leasehold
Land Size
1 - 3 acres
Parking Type
Gravel, Shared
Time on REALTOR.ca
286 days

Building

Interior Features
Appliances Included
None
Flooring
Ceramic Tile
Basement Type
None
Building Features
Foundation Type
Concrete Slab
Building Amenities
Laundry Facility
Rental Equipment
None
Heating & Cooling
Heating Type
Baseboard heaters, Wall Mounted Heat Pump, In Floor Heating, (Electric)
Utilities
Utility Sewer
Septic System
Water
Shared Well, Well
Exterior Features
Exterior Finish
Vinyl
Neighbourhood Features
Community Features
School Bus
Amenities Nearby
Golf Course, Park, Playground, Recreation, Shopping
Parking
Parking Type
Gravel, Shared

Land

Other Property Information
Zoning Type
Multi-Family
Data provided by: Prince Edward Island Real Estate Association Unit L100 - 3 Lower Malpeque Road, Charlottetown, Prince Edward Island C1E 1R4

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