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Century21 Northumberland Realty, 629 Water St., East, Summerside PE C1N 4H7 Phone: 902-436-2265

6433 Route 11, Cap Egmont C0B2E0

$425,000

Prince Edward Island Waterfront Cottage Rental Business Opportunity for sale. This is a well established, proven, and well maintained recreational cottage business that is located in the heart of Acadian Lobster Country. Located only 15 minutes west of Summerside PEI, and 50 minutes from Charlottetown. Overlooking the warm waters of the southern shore Northumberland Strait, this beachfront property features 11 clean, spacious and well equipped (2, 3 & 4 bedroom) housekeeping cottages, a guest laundromat and office building. Ideally located on a year-round paved road on the border of Mont Carmel and Cap Egmont, close to golf, dinner theatre, shopping, traditional Acadian suppers, lobster suppers and more, this successful business enjoys high seasonal occupancy rates and many returning guests. Looking for the ideal summer accommodation business on Prince Edward Island, look no further.


Property Information:

Listing ID#: 201700051
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Land: acre(s)5.35
Area: (sq. ft.)
Taxes: 3561
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Mortgage & Credit Information

it is estimated that your payment would be approximately $2,040.31 per month assuming a 5% downpayment of $21,250.00. In order to qualify for this mortgage you will need a monthly income (combined in the case of a couple) of $6,120.92, assuming that you have no other debts to service and that there are no other costs of ownership such as condo fees etc.

This Centum discounted APR is that offered to strong borrowers with good credit, as well as qualifying income and/or additional assets, on conventional real property that meets lending requirements. This data is for informational purposes only and should not be relied upon without verification by contacting your CENTUM Mortgage Consultant.

The above discounted rate is not an offer or a rate commitment. APR assumes no fee(s) apply. Should fee(s) apply the APR would increase.


CENTURY21 NORTHUMBERLAND REALTY

629 Water St E., Summerside PEI C1N 4H8     |    Phone: (902) 436-2265