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

St Nicholas, St Nicholas C0B1B0

$975,000

240 acre waterfront development property with 56 x 88’ utility building complete with living quarters/office space, workshop, and more – fully serviced with electricity, High Speed Internet, septic, and water. Now is your chance to own the balance of a 240 acre luxury waterfront community appraised at $1,560,000. (attached) and offered to you for only $975,000. Furthermore, this project could not be done today with the current regulations. This project would cost millions based on the new Transportation and Public Works Standards and can never be done again cost effectively. This amazing project comes with 4 distinct elements: phase 1; the original sub-division of 26 lots (completed in 2006), phase 2; consisting of 20 lots (completed in 2009); Vacant Waterfront Acreage; Parcel “A”; consisting of 61.1 acres west of Strang Road running along the Barnawaugh Creek, Parcel “B”; consisting of 78.9 acres east of Strang Road with waterfront on Sunbury Cove, and Parcel “C”; consisting of 47.2 acres less the area that is utilized by a portion of phase 2 lots. Transportation Canada has indicated that Parcel “B” would be an excellent location for a small aircraft runway strip, and the balance of the property could suite numerous concepts or kept as large buffer (all surveys are attached). The PEI Government has granted permission for an additional 6 lots+. Sunbury Cove Estates is only accessible by one very well maintained and upgraded 2 mile road that offers absolute privacy and seclusion. The two extra large parcels could also serve as estates properties, private golf course, walking trails, nature preserve, paddocks, some sort of recreational business, or more. Views of Confederation Bridge, 2 lighthouses, & windmills. Potential for floating dock. Much more info on Sunburycove.com.



For further information contact:

Michael Poczynek


CONTACT ME
michael@michaelshomes.com


PHONE ME
(902) 902-626-6912


Property Information:

Listing ID#: 201811099
Geo Co-ords: 46.4166669,-63.9499999
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Lot Size: acre(s)207.55+/-
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Taxes: $9848
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Map to St Nicholas, St Nicholas C0B1B0



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Mortgage & Credit Information

it is estimated that your payment would be approximately $4,680.70 per month assuming a 5% downpayment of $48,750.00. In order to qualify for this mortgage you will need a monthly income (combined in the case of a couple) of $14,042.10, 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