[VIDEO TOUR available - click virtual tour/multimedia link to view] 6 UNIT DEVELOPMENT LOT - Discover an unparalleled investment opportunity nestled at the pinnacle of Montgomery Heights, a newer and rapidly developing subdivision in the vibrant East Royalty area of Charlottetown, Prince Edward Island. This expansive 0.51-acre development lot, situated at the top of the hill, offers both seasoned and aspiring investors a prime canvas for a six-unit development with panoramic views that command attention. Montgomery Heights, known for its strategic location, blends the tranquility of suburbia with the convenience of urban living. Just minutes away from downtown Charlottetown, this lot provides easy access to a plethora of amenities including schools, shopping centers, and entertainment options, making it an ideal setting for potential residents. The East Royalty area, celebrated for its community spirit and scenic landscapes, provides a backdrop that enhances the value of this investment. The lot's generous size and premier location within a subdivision marked by quality development and restrictive covenants ensure a protective environment for your investment. Whether you're looking to hold the property as a long-term asset or to develop it into a residential complex that meets the growing demand for housing in Charlottetown, this lot represents a strategic acquisition. With its combination of location, size, and development potential, this property promises not just a return on investment but a stake in the future of one of Charlottetown's most desirable neighbourhoods. All measurements are approximate and should be verified by the Buyer(s). (id:47423)
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Detailed Information
Property Easement
None
Listing Contract Date
2024-02-03
Municipal ID
1140789
Ownership Type
Freehold
Property Type
Vacant Land
Transaction Type
For sale
Building
Utility Water
Municipal water
Parking Spaces
Name
Spaces
None
Utilities
Type
Description
Cable
Unknown
DSL*
Unknown
Telephone
Unknown
Land
Total Size
1/2 - 1 acre
Access Type
Year-round access
Disposition Features
Cleared
Sewer
Municipal sewage system
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