For Sale · Land

Sencabaugh Lane, Murray Harbour North

Sencabaugh Lane, Murray Harbour North, PE C0A1R0

$69,000 total

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Asset Class

Land

Size

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Building class

B

Zoning

UR — Urban Reserve

$ / SF

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Occupancy

96%

Lot Size

1 ac

About this property

Imagine waking up to the gentle lapping of water on a sheltered bay, surrounded by the privacy of your own wooded 1.03-acre lot. With year-round access via a short private road and just minutes from a charming fishing harbour, this is the perfect canvas for your dream home or seasonal retreat. Spend your days exploring the water, relaxing under the canopy of trees, or taking a short drive to Montague for shopping and services. Here, every day blends the peace of nature with the convenience of nearby town, offering a true coastal PEI lifestyle. All measurements are approximate and should be verified by the purchaser if deemed necessary. Red lines on aerial photos indicate approximate boundaries. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$69K
Down payment30% · $21K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$319

Projected NOI

$3K

Annual cash flow

$-1K

Cash-on-cash

-5.58%

DSCR

0.70

Going-in cap

3.87%

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

78,033

Households

29,738

Median income

$92,000

Median age

45.8

Daytime population

104,771

5-yr growth

6.4%

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

Secure deal room

Confidential diligence documents for Sencabaugh Lane, Murray Harbour North.

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.