$1,650,000
6818 Water Street, Rte 311
Beds
4
Baths
5 full + 1 half
Sqft
—
Year
2019
Type
Single Family
Suite
Suite potential
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Cardigan. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Located in the historic village of Cardigan, this waterfront estate is a showcase of craftsmanship and design. Steps from exceptional dining, a full-service marina, and minutes from Canada?s top-rated golf courses, it offers some of the best boating in PEI. The main residence spans three levels of open-concept living. The main floor features a living and dining area with soaring ceilings, a gas fireplace, and floor-to-ceiling triple-pane Peter Kohler windows. The kitchen, custom-built by Joe Dunphy, has quartz countertops and professional-grade stainless steel appliances. The second level opens into a loft-style water-view living space with breathtaking panoramas. The primary suite features Joe Dunphy?s custom woodwork, a king-sized bed, and built-in cabinetry. Above, a flex space with panoramic views is ideal for a home office, retreat, or studio. Two fully furnished, self-contained suites extend from the main home, each with a private bedroom, full bathroom, and kitchenette, perfect for guests, family, or rental income. A guest house above the heated, detached garage includes a full kitchen, living area, bedroom, and bathroom, ideal for long-term guests, rental income, or a private retreat. Outdoor living is exceptional. A wraparound front deck, enclosed rear sunroom, and a chef?s outdoor cook station create multiple spaces to entertain and relax. The outdoor kitchen includes a stainless BBQ, griddle, fridge, and water hookup. Patio furniture, Adirondack chairs, and a fire pit complete the setting. Built for comfort and durability, the home is generator-wired, set on a five-foot concrete foundation with spray foam insulation, and clad in Fusion stone and vinyl siding. The 148 feet of shoreline is protected by armour rock, ensuring long-term stability. For those who love the outdoors, two kayaks, a canoe, and bikes await adventure. With golf, boating, and trails nearby, this is PEI waterfront living at its finest. Turnkey, all furni (id:65958)
- Subtype
- Single Family
- Architectural style
- 2 Level
- Structure
- House
- Community
- Cardigan
- Common interest
- Freehold
- Lot size
- 0.9 acres
- Lot dimensions
- 0.9
- Bedrooms
- 4 above grade, 0 below grade
- Fireplace
- Yes
- On market
- Mar 12, 2026
- Status changed
- Apr 25, 2026
- Annual tax
- $9,951 (2025)
- Photos
- 50
- MLS#
- 202602476
- Area
- CARDIGAN
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Flooring
Foundation
Lot
Community
View
Waterfront
Cash on cash
-6.36%
Cap rate
3.59%
GRM
16.7
Break-even rent
$10,092
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 25, 2026.