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$89,900 total
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Asset Class
Land
Size
—
Building class
A
Zoning
DC2 — Site Specific
$ / SF
—
Occupancy
93%
Lot Size
1.69 ac
Imagine waking up to beautiful views of the West River, where peaceful surroundings, open skies and the natural beauty of Prince Edward Island become part of your everyday life. Welcome to Lot 25-3 MacPhail Cove Road,Fairview, a beautiful 1.69 acre waterview building lot offering the perfect setting to bring your vision of Island living to life. Whether you're dreaming of a year-round family home, a peaceful place to retire, or simply more space to slow down and enjoy the things that matter most, this property gives you the opportunity to create something truly your own. Design your new home to embrace the West River views, enjoy your morning coffee overlooking the countryside, and create an outdoor space where summer evenings are spent with family and friends. As the seasons change, so does the scenery ? offering a beautiful backdrop throughout the year. Golf enthusiasts will appreciate having Countryview Golf Club less than a five-minute drive away, while the nearby West River adds to the relaxed, outdoor lifestyle this location has to offer. The lot has been professionally surveyed, with a test pit/soil assessment already completed, providing helpful information as you begin planning your new home. Restrictive covenants are also in place to help maintain the character and quality of the development. This is more than a place to build a house ? it's a place to build a life. Come walk Lot 25-3 MacPhail Cove Road and take in the West River views, and imagine calling this beautiful piece of Prince Edward Island home. (id:66811)
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Monthly debt service
$415
Projected NOI
$5K
Annual cash flow
$-234
Cash-on-cash
-0.87%
DSCR
0.95
Going-in cap
5.28%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
67,872
Households
29,599
Median income
$97,000
Median age
45.2
Daytime population
106,440
5-yr growth
5.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for Lot 25-3 MacPhail Cove Road, Fairview.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.