$1,300,000
1477 Bungay Road
Beds
—
Baths
—
Sqft
—
Year
1997
Type
Industrial
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Hunter River. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Situated at 1477 Bungay Road in Prince Edward Island, RW Woodworking represents a compelling investment opportunity within the growing custom manufacturing and home improvement sector. This established woodworking business has developed a solid reputation for delivering high-quality custom cabinetry, furniture, and millwork, supported by a loyal client base and consistent demand. The operation offers immediate revenue-generating potential with existing infrastructure, equipment, and workflow already in place?minimizing startup risk and capital expenditure. Its strategic rural location allows for lower overhead costs while maintaining access to residential, cottage, and commercial markets across PEI. RW Woodworking is well-positioned to benefit from continued growth in custom home construction, renovation activity, and consumer preference for locally crafted products. Opportunities exist to scale operations through expanded production capacity, digital marketing, and partnerships with builders and designers. Ideal for investors seeking a hands-on or semi-absentee business with tangible assets and expansion upside, this offering combines stable cash flow potential with long-term growth in a resilient, skill-based industry. (id:65958)
- Subtype
- Industrial
- Community
- Hunter River
- Common interest
- Freehold
- Living area
- 4,368 square feet
- Lot size
- 0.58
- Lot dimensions
- 0.58
- On market
- Nov 21, 2025
- Status changed
- Apr 21, 2026
- Annual tax
- $285,600 (1998)
- Zoning
- Commercial
- Photos
- 4
- MLS#
- 202528377
- Area
- HUNTER_RIVER
Features and systems
Parking
Construction
Flooring
Security
Cash on cash
-6.44%
Cap rate
3.58%
GRM
16.7
Break-even rent
$7,969
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 21, 2026.