Investment signal

$89,900

000 Grand Pere Point Road

Beds

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Baths

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Sqft

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Year

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Location

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About this home

Water View Building Lot in South Rustico | Sheltered Bay Access & Resort Amenities Build your dream home in one of Prince Edward Island?s most desirable coastal communities. This exceptional building lot in South Rustico offers beautiful water views, water access, and year-round convenience on Grand Pere Point Road. Set within the sought-after Rustico Resort development, this property combines natural beauty with lifestyle amenities. The lot overlooks a sheltered bay, creating the perfect setting for outdoor enthusiasts and peaceful coastal living. Enjoy easy access to the water, ideal for kayaking, paddleboarding, canoeing, or simply relaxing by the shore. A multi-use path nearby adds even more appeal, perfect for walking, biking, and enjoying the scenic surroundings. Residents also benefit from access to Rustico Resort amenities, making this an ideal choice for a year-round home, seasonal getaway, or investment property. Located just minutes from beaches, golf, restaurants, and local attractions, this is a rare opportunity to build in one of PEI?s most beautiful waterfront communities. A perfect blend of water views, recreation, and resort-style living in South Rustico. (id:65958)

Subtype: Vacant Land
Community: Rustico
Common interest: Freehold
Lot size: 0.59 acres
Lot dimensions: 0.59
On market: Apr 20, 2026
Status changed: Apr 20, 2026
Photos: 1
MLS#: 202607898
Area: RUSTICO

Features and systems

Parking

None

Lot

Partially cleared

View

View of water

Utilities

TelephoneDSL*

Positive cash flow ~$1,605/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

107.13%

Cap rate

27.32%

GRM

3.1

Break-even rent

$710

Financing

Down payment$17,980

Loan amount$71,920

Mortgage$441/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$41

Insurance$80

Maintenance$75

CapEx reserve$37

Vacancy loss$120

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Rustico. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $441/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 20, 2026.