+45 more
0
Bedrooms
1
Bathrooms
901 sqft
Living Area
36.95 ha
Lot
About This Property
This 0-bedroom, 1-bathroom single family in Upper Cape offers 901 sqft of living area on a 36.95 ha lot. The property has lot dimensions of 36.95. The home features stove, wood heating, a unfinished, full basement.
MLS Remarks
Unfinished Custom Home on 91 acres & Lucrative Income Potential! Perfect for a visionary buyer to complete a dream home and invest in a property that offers lifestyle and income potential. Nestled in a private, serene setting just minutes from the Confederation Bridge to PEI, this unique unfinished new construction sits on approximately 91 acres and includes beach access across the road. The home offers a spacious layout, a large open-concept living area with vaulted ceilings, a double attached garage, and numerous rooms awaiting your personal touch. The basement is roughed-in and ready to be transformed, providing even more living space. Through an existing agreement related to renewable energy infrastructure TransAlta: Turbine compensation could generate approximately $24,800/year per turbine (based on 6.2 MW generation). Currently provides an estimated annual revenue of $1,365, bringing your total to $26,165/year in supplementary income. Additional compensation includes $30/acre/year for other infrastructure and $2,730/year if a laneway is established. Compensation increases by 10% every 5 years for the duration of the agreement. Documents can be provided. This property is ideal for a handy buyer, investor, or someone seeking privacy, and the rare opportunity to build equity through sweat and visionall while benefiting from consistent passive income. Don't miss your chance to create something truly special in a beautiful coastal setting with built-in long-term value. (id:60351)
Overview
Looking for Something Similar?
We can help you find properties matching your criteria, including exclusive listings not yet on the market.
Save favorites, track showings, view sold data & get market alerts — Free account — 100% free
