Situated in the community of Mermaid, this expansive 0.92-acre lot presents an exceptional opportunity for investors or homeowners seeking to build in a prime location. Zoned as an R2 duplex lot, it offers versatile potential for duplex construction or a single-family dwelling. Boasting essential infrastructure including a culvert, pad with shale foundation, and a roughed-in driveway, the groundwork for construction is already laid. Additionally, the property includes 11 already planted trees standing at 15 feet high, enhancing the natural landscape and providing both beauty and privacy. This lot presents a great chance to create a residential or investment property in one of PEI's most sought-after areas. One of the listing agents is a relative of the Seller. (id:60351)
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Listed by Mark Corney, ELITE REAL ESTATE ADVISORS INC.
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Listing represented by Mark Corney, ELITE REAL ESTATE ADVISORS INC. · MLS# 202604253
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.