For Sale · Specialty

66 Notre Dame Road, Mont Carmel

66 Notre Dame Road, Mont Carmel, PE C0B2E0

$749,000 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

95%

Lot Size

1.5 ac

About this property

Wake up to sweeping Northumberland Strait views in this newly built, year round waterfront home in Mont Carmel. Located in the sought after Evangeline District Acadien neighbourhood, known for its strong sense of community and welcoming neighbours, 66 Notre Dame Road offers peace, privacy and unforgettable sunsets. Set on 1.5 acres with 173 feet of private shoreline, this home is ideal as a year round residence, seasonal retreat or income producing coastal escape. Inside, 1,858 square feet of bright, open living space is complemented by two upper level lofts and thoughtful built ins. The second floor loft provides additional sleeping space for guests or grandchildren. The open concept living, dining and kitchen area is filled with natural light, with tall windows framing the sunset views. The kitchen features a large island, high end finishes and direct access to a 16 by 24 deck, perfect for outdoor dining and entertaining. Two spacious bedrooms offer quiet comfort. The primary suite includes a walk in closet, ensuite bath and private 7 by 12 deck, an ideal spot to enjoy morning coffee with ocean views. Step onto the oversized main deck and follow the aluminum stair rails down to your private beachfront. Newly installed stairs provide easy access to the sand and water. A standout feature is the fully finished lighthouse style tower, complete with a cozy loft and sitting area. It is an inspiring space for remote work, reading or taking in panoramic ocean views. Additional features include a mudroom, utility room, single car garage, upgraded lighting and quality craftsmanship throughout. Located minutes from scenic trails and local seafood spots, and less than 30 minutes from Summerside, this property balances privacy with convenience. Whether you are looking for a coastal lifestyle or long term value, this move in ready waterfront home offers a rare combination of location, craftsmanship and natural beauty. (id:66811)

Financial sandbox

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Estimate
Purchase price$749K
Down payment30% · $225K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$51K

Annual cash flow

$9K

Cash-on-cash

4.14%

DSCR

1.22

Going-in cap

6.78%

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

92,638

Households

38,088

Median income

$124,000

Median age

34.6

Daytime population

110,366

5-yr growth

4.6%

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

Secure deal room

Confidential diligence documents for 66 Notre Dame Road, Mont Carmel.

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.