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Investment signal

$98,500

58 Sunset Lane

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Beds

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Baths

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Type

Vacant Land

Suite

Investment signal

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Location nearby

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

About this home

Welcome to 58 Sunset Lane, a beautiful opportunity to own your own piece of PEI paradise in the sought-after Clinton area. This impressive 0.76-acre property offers the perfect setting for those dreaming of cottage life, peaceful year-round living, or a smart investment in one of Prince Edward Island's most scenic regions. Enjoy breathtaking 180-degree views of the surrounding countryside and water, creating the perfect backdrop for your future cottage or home. Nestled just up the road from the stunning South West River, this property is surrounded by natural beauty, quiet roads, and a welcoming coastal community. Experience the relaxed Island lifestyle while being only minutes to Kensington, 15 minutes to Summerside, and a short drive to Cavendish, championship golf courses, beaches, and some of PEI's best restaurants. Whether you are looking for a summer getaway, a future home, or an investment property, 58 Sunset Lane offers location, lifestyle, and potential all in one package. Do not miss your chance to own in this desirable area where sunsets, views, and unforgettable summers are part of everyday life. (id:65958)

Subtype: Vacant Land
Community: Clinton
Common interest: Freehold
Lot size: 0.76 acres
Lot dimensions: 0.76
On market: Apr 27, 2026
Status changed: Apr 27, 2026
Annual tax: $636 (2026)
Photos: 14
MLS#: 202608745
Area: CLINTON

Features and systems

Parking

None

Lot

Partially cleared

View

River view

Positive cash flow ~$1,632/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

99.44%

Cap rate

24.75%

GRM

3.4

Break-even rent

$682

Financing

Down payment$19,700

Loan amount$78,800

Mortgage$399/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$45

Insurance$80

Maintenance$82

CapEx reserve$41

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: 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

Estimated $399/mo at 4.5% with 20% down, 30-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 27, 2026.