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Home PE Lot 50
7517-7521 Trans Canada Highway Highway
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7517-7521 Trans Canada Highway Highway $669,000
3 days ago
$669,000
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7517-7521 Trans Canada Highway Highway
Vernon Bridge, Prince Edward Island C0E2E0

MLS® Number: 202515880

Listing Description

A beautifully updated historic estate that has four rentable residences. An Investor's Dream. Located just 15 minutes from Charlottetown in picturesque Vernon Bridge. This property has the option of income potential from both long-term tenants and/or short-term tourism short term rentals. The estate includes a beautifully maintained main house and two additional residential buildings, currently configured as three fully equipped rental units, each with separate entrances, private living spaces. Current Rental Breakdown: Main House (1596 sq ft): Currently Owner Occupied but could be rented and featuring 2 bedrooms, 2 baths, spacious living and dining rooms, sunroom, office, laundry, and a Country Kitchen. The Hummingbird (1288 sq ft, Blue Building #2): 2-bedroom, 2-bathroom, currently a monthly rental at $1800 per month. The Blue Jay (700 sq ft, Main Level in Building #3): 2-bedroom, 1-bathroom unit currently at $1700 per Month. The Robin (570 sq feet, Upper Level Building #3): 1-bedroom, 1-bathroom unit. Currently rented at $1500 per month. The entire property has undergone recent significant improvements and updates, including a newer large heated Garage/Workshop (2022). The property is surrounded by stunning gardens, fruit trees and a lovely courtyard. Located minutes from kayaking and water recreation on Vernon River, also lovely water views from the property. Whether you're expanding your rental portfolio, seeking a live-in landlord setup, or looking for income generating property, this is a fantastic opportunity with a total of over 4000 sq feet of finished living space. (231042682)

Property Summary

Property Type
Other
Storeys
2
Community Name
Vernon Bridge
Title
Freehold
Land Size
1/2 - 1 acre
Time on REALTOR.ca
3 days

Building

Interior Features
Flooring
Wood, Other
Building Features
Features
Paved driveway
Rental Equipment
Propane Tank
Utilities
Water
Drilled Well
Business
Business Type
Residential (Residential)

Measurements

Square Footage
1596 sqft
Total Finished Area
1596 sqft

Land

Other Property Information
Zoning Description
R
Data provided by: Prince Edward Island Real Estate Association Unit L100 - 3 Lower Malpeque Road, Charlottetown, Prince Edward Island C1E 1R4
Melanie Shaw