121 RAINBOW DR, TARANTUM C1B3C5

$199,900

Prince Edward Island Waterfront property for sale in Tarantum, just 6.71 miles from the Capital City of Charlottetown, and an effortless drive to Stratford. Welcome to your new waterfront year-round home or cottage/summer retreat located on one of the very few fresh water lakes in PEI – and it is heart shaped. Your new private and secluded getaway would make a perfect family home, summer cottage, or weekly seasonal rental (property managers are available). This extremely high-quality home was premanufactured off site, and installed on a full height poured concrete foundation – extremely rare in this price range – on water. The basement is ready to be finished to your specifications, and could potentially be a great place for additional bedrooms, multi-media room, pool table, games room, office, or more. Your new lot is beautifully landscaped and cradles the home with mature trees, hedges, and plants and flowers of all kinds. The views from a multitude of large windows, and the over-sized back deck are breathtaking; nature is at your doorstep. The master bedroom has its own walk-in closet, and a walk-through ensuite bathroom with access to the rear deck, and the calming waters. Community members enjoy relaxing swims in the calm lake, canoeing, kayaking, and basking in the sun in a flotation device or innertube. When you are not outside, you can sit by the propane fireplace, or share a great meal with friends and family in a large open concept kitchen. Western sunsets can be enjoyed through the extra large rear sliding doors. The structure is completely maintenance free and includes a heated garage with a rear utility room.

You may be able to purchase this home with $9,995 down and a monthly payment of $888. You would need a minimum of $2,664 per month income to qualify for a mortage assuming no other debts. Although this information is believed to be reliable, mortgage qualification depends on many factors and is unique to your situation and varies from lender to lender. Consult with your financial institution or give me a call for further help.

For further information contact:
Nicolle Morrison



Property Information:

Listing ID#: 201715482
Geo Co-ords: 46.29564,-62.95087
Bedrooms: 2
Bathrooms: 2
Type:
Style: Bungalow
Exterior Finish: Vinyl
Lot Size: acre(s).46
Living Area: (sq. ft.)1384
Zoning:
Taxes: $ 1557
Age: 16
Driveway: Gravel
Foundation: Concrete
Garage: Attached, Single
Water: Well
Sewer: Septic
Heating: Electric
Heating Cost: $
Roofing: Asphalt

Map to 121 RAINBOW DR, TARANTUM C1B3C5



* 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