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Investment signal

$125,000

Lot 3 Brianna Street - Cavendish Horizons Estates

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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 Cavendish. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Lot 3 Brianna Street, is a lot perched higher and approved to build a Duplex or Single Family Home. Build your next dream investment property here at Cavendish Horizon Estates, a thoughtfully designed North Shore subdivision offering large approved lots with stunning ocean and countryside views. Whether you are ready to build now or want to hold for the future, these lots provide flexibility and strong investment potential. In the picturesque North Shore of Prince Edward Island, property ownership comes with a unique advantage: a set of covenants and restrictions designed to protect your investment while allowing homeowners the flexibility to capitalize on their properties. Owners can choose to rent their homes or semi detached residences for both short term and long term stays, including popular options like Airbnb. This flexibility empowers homeowners to maximize their investment potential, generating income during periods when they?re not using their properties. Given the allure of the North Shore, with its stunning landscapes and vibrant community, this opportunity not only enhances financial returns but also offers a chance to share the beauty of the area with visitors. Whether you are looking to enjoy your home or profit from it, this location provides the perfect balance of personal enjoyment and investment. The subdivision features a paved, government maintained road, underground power, and no expensive HOA fees. A community green space adds to the neighborhood appeal, and Canada Post community mailboxes are conveniently located within the subdivision. Enjoy an active outdoor lifestyle with nearby walking, biking, and hiking trails, easy access to Cavendish Beach, top tier golf courses, and a variety of dining and entertainment options. Ideally situated just 30 minutes from Charlottetown and Summerside, this is North Shore living at its finest. (id:65958)

Subtype: Vacant Land
Community: Cavendish
Common interest: Freehold
Lot size: 0.93 acres
Lot dimensions: 0.93
On market: Jan 2, 2026
Status changed: Apr 27, 2026
Photos: 30
MLS#: 202600024
Area: CAVENDISH

Features and systems

Parking

None

Lot

Level lot

View

Ocean view

Utilities

DSL*

Positive cash flow ~$1,480/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

71.03%

Cap rate

19.07%

GRM

4.3

Break-even rent

$842

Financing

Down payment$25,000

Loan amount$100,000

Mortgage$507/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$57

Insurance$80

Maintenance$104

CapEx reserve$52

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 $507/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.