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Beds
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Baths
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Sqft
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Year
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Type
Vacant Land
On market
177d
Prime Corner Lot in Eastern PEI. Flat, Partially Cleared, and Ready for Your Vision! Discover the perfect setting for your dream home, cottage or investment property on this beautiful corner lot located at the intersection of Annandale Road (Route 310) and Robertson Road. Offering excellent visibility, easy access, and a peaceful rural atmosphere, this property combines convenience with the natural charm of Eastern PEI. This spacious lot is flat, partially cleared of trees, and ready for development, providing an ideal blend of open space and privacy. With plenty of room to design the layout you?ve been dreaming of, you'll appreciate the flexibility this property offers for a home, cottage, or potential future investment. Situated just minutes from many beloved Island amenities and the town of Montague, you'll enjoy quick access to PEI's beautiful beaches and coastal lookouts, golf courses, marinas and boating opportunities, local restaurants and shops, trails, parks, campgrounds and outdoor recreation. Whether you're seeking a peaceful country setting or a prime location with easy access to surrounding communities, this Eastern PEI corner lot delivers both. Don't miss your chance to secure this versatile and welcoming piece of property! (id:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
663.84%
Cap rate
137.63%
GRM
0.7
Break-even rent
$199
Financing
Operating expenses (monthly)
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Approximation 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.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 12, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Poplar Point. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.