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Century21 Northumberland Realty, 629 Water St., East, Summerside PE C1N 4H7 Phone: 902-436-2265
Prince Edward Island Motel, Campground, and additional development land for sale in prime location. The additional land that is available with this fine establishment has been preliminarily approved for seven residential buildings lots. However, best use may be for the expansion of the motel and campground, mini-home rental pad sites, retail, apartments, duplexes, row-housing, or semi-commercial; all subject to the City of Summerside approval. The motel currently contains 11 kitchen equipped units available for daily, weekly, or monthly (off season) rental, one overnight equipped office, a mobile home, and 10 campground sites (all fully rented). There may potentially be space for additional campground spots on the parent parcel. The location is superlative and walking distance to the Summerside Golf Course, and a short drive to all the amenities of Summerside including Wal-Mart, Shopping Centres, The Credit Union Sports Complex, Hospital, Medical Centres, local beaches, Summerside Waterfront Boardwalk, Confederation Trail, Waterfront Mall, Holland College, Slemon Park (Ex-military base and private airport), two dairy bars, and downtown. There is also a convenience store with a coin operated laundry matt across the street.
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it is estimated that your payment would be approximately $1,679.77 per month assuming a 5% downpayment of $17,495.00. In order to qualify for this mortgage you will need a monthly income (combined in the case of a couple) of $5,039.31, 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.