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.

For further information contact:
Nicolle Morrison



Property Information:

Listing ID#: 201700051
Type:
Zoning:
# Floors:
Construction:
Heating:
Roofing:
Fire Protection:
Parking:
Land: acre(s)5.35
Area: (sq. ft.)
Taxes:$ 3561
Age:
Gross Revenue:
Total Expenses: $
Net Income: $


* All financial information given on this site is based on our best knowledge at the time of posting and should not be relied upon when determining cost or affordability of a particular property. You should consult your financial institution before making any undertaking that would be legally binding. All financial postings on this site are based on 5% downpayment. Please note that to purchase real estate with 5% down you will need to be able to obtain mortgage insurance which is not available in all cases. Monthly payments are based on the best posted mortgage rates from a Canadian chartered bank. You will be required to qualify for a mortage. Financial institutions have different means of qualifying you. You should contact your bank to determine if your income qualifies you to purchase the property that you are interested in. Financial information posted here does not take into consideration additional fees that may apply in your situation.


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NICOLLE MORRISON, Century21 Northumberland Realty
Call: 902-436-2265 or Email: nicolle@century21pei.com