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$689,000 total
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Asset Class
Specialty
Size
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Building class
B
Zoning
US — Urban Services
$ / SF
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Occupancy
90%
Year Built
2002
Lot Size
0.57 ac
Get the most for your money with a million-dollar view that never gets old! Add an exceptionally solid build with 2x6 construction, and room for all the toys, projects and everyday storage, and you have a property that offers so much more than just a beautiful setting. This 3-bedroom, 2-bath home in sought-after Rustico is perfectly positioned to take in the picturesque North Rustico Harbour. The view from the living room window is truly stunning. And when you're inside, the well-insulated 2x6 construction creates a comfortable, peaceful retreat - your own little oasis overlooking the harbour. The extras are anything but ordinary. A heated, wired and plumbed triple-car garage, standby Generac propane generator, metal roof, two heat pumps, 200-amp electrical service, double paved driveway, 30-amp RV hookup, and a 12 x 18 Old Hickory shed with roll-up door make this property as practical as it is appealing. Storage is another standout feature, with generous built-in cabinetry, spacious closets and plenty of room to keep everything organized. The third bedroom is currently set up as a den/office, offering flexible space to suit your lifestyle. For added comfort, the sellers primarily heat with the heat pumps, using the in-floor heating for additional warmth on colder days. Full details on upgrades and utilities are available upon request. Location adds even more value. You're just 4 minutes from North Rustico amenities, beaches, the wellness centre and the National Park, approximately 24 minutes to Charlottetown and 39 minutes to Summerside. Whether you're looking for your dream cottage, a comfortable year-round home, or a property that gives you the space and functionality you've been searching for, this one deserves a closer look. Don't take our word for it - come see for yourself. Reach out today to arrange your viewing. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$41K
Annual cash flow
$3K
Cash-on-cash
1.25%
DSCR
1.07
Going-in cap
5.92%
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
112,846
Households
42,212
Median income
$130,500
Median age
38.2
Daytime population
161,744
5-yr growth
2.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 30 SEAVIEW Lane, Rustico.
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.