For Sale · Specialty

64 Lecky Crescent, Thunder Cove, Darnley

64 Lecky Crescent, Thunder Cove, Darnley, PE C0B1M0

$688,000 total

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Asset Class

Specialty

Size

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Building class

A

Zoning

US — Urban Services

$ / SF

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Occupancy

87%

Year Built

2003

Lot Size

0.6 ac

About this property

Your dream coastal property awaits! Welcome to 64 Lecky Crescent at Thunder Cove, a stunning 4-bed/2.5-bath coastal retreat just steps from soft sandy beaches and the sparkling blue waters of the Gulf of St. Lawrence. Perfectly positioned in Thunderwood Estates, this year round accessible property is truly a special offering. Featuring cedar shingle siding and pitched rooflines, this is a striking yet comfortable family cottage in one of PEI's best-known beach destinations. Inside the main house you will find three large bedrooms, two full bathrooms, and an open concept kitchen-living-dining space, all connecting to the large front deck and overlooking the ocean. Specialty features of the property include, the large screened outdoor family area and a newly adapted bunkie connected by a thoughtfully designed breeze-way. The bunkie itself contains a good sized bedroom, loft bedroom/rec area, a kitchenette/parlour/lounge, and a water closet for your detached convenience and enjoyment! Among the greenery and space of the outdoors, you will also find a large storage shed, cook-pits and a children's playset. The mix of ocean views and private nooks are second-to-none; a feel good property that you can't imitate! Learn this and more by viewing in person, and walking the whimsical paths from the front lawn down to the private coves and wide beaches, about 100m away. Great rental potential and/or family fun destination for years yet to come! 64 Lecky Crescent, Darnley, PE. (Exempt from HST). (id:66811)

Financial sandbox

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Estimate
Purchase price$688K
Down payment30% · $206K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$38K

Annual cash flow

$355

Cash-on-cash

0.17%

DSCR

1.01

Going-in cap

5.59%

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.

Area demographics

Trade area within 3 miles of the property.

Population

60,563

Households

22,788

Median income

$134,500

Median age

38.7

Daytime population

60,863

5-yr growth

6.2%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 64 Lecky Crescent, Thunder Cove, Darnley.

NDA required
  • 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.