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$1.1M total
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Asset Class
Land
Size
—
Building class
B
Zoning
DC2 — Site Specific
$ / SF
—
Occupancy
92%
Lot Size
26 ac
Welcome to 5459 Route 13, an exceptional estate overlooking the New Glasgow valley with beautiful views of the River Clyde and rolling hills. Ideally located just fifteen minutes from Charlottetown and minutes from Cavendish, Glasgow Hills Golf Course, New Glasgow Lobster Suppers, and sandy beaches, this property offers a rare blend of privacy, scenery, and convenience. This remarkable twenty six acre estate includes twenty acres of actively farmed arable land suitable for agriculture, pasture, or future development. The property also features two charming cottages, a six stall horse barn, an outdoor riding arena, and three versatile outbuildings. The beautifully updated century home offers more than three thousand five hundred square feet of living space with five bedrooms, three and a half bathrooms, and two laundry rooms. The main level includes a spacious travertine tiled foyer, a granite topped country kitchen, a bright family room, and an adjacent room ideal for an office or formal dining. A breezeway leads to the heated triple garage measuring thirty by thirty four feet. The upper level includes three bedrooms, a full bath, attic access, and a luxurious primary suite of approximately seven hundred and twenty five square feet with vaulted ceilings, a five piece ensuite, walk in closet, propane fireplace, and private balcony. Extensive updates include new windows and doors, siding, flooring, a propane furnace, a two level garage addition completed in 2016, a heat pump installed in 2019, a new two hundred amp electrical panel with generator hookup, and a paved driveway in 2019. Whether you are seeking a working farm, a multi use investment, or a private retreat, this property offers outstanding value and lifestyle in the heart of Prince Edward Island. 38 (id:66811)
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Monthly debt service
$5K
Projected NOI
$47K
Annual cash flow
$-15K
Cash-on-cash
-4.44%
DSCR
0.76
Going-in cap
4.21%
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
44,858
Households
15,595
Median income
$104,500
Median age
35.1
Daytime population
54,494
5-yr growth
4%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 5459 Route 13, New Glasgow.
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.