Discover the magic of New Glasgow, PEI, with this extraordinary property that offers both a profitable toy store and a charming, completely renovated historic residence. In addition to the toy shop, toymaking factory, and stock room, you?ll find a waterview four-bedroom, three-bathroom home attached, perfect if you?re seeking a unique work-from-home lifestyle or a profitable new business venture. Gorgeous views of the River Clyde greet you through the windows and from the covered veranda. The Toy Factory has been carefully designed so that anyone can run it. With mentorship and in-house training available from the current owners, this turn-key business is simple to step into, whether you?re a seasoned entrepreneur or completely new to retail & production. The store is fully stocked with best-selling inventory, and exclusive supplier relationships are in place, ensuring a seamless transition. Beyond its enchanting facade, this property boasts practical features with a heat pump installed in 2022, a new electric hot water heater added in 2024, and updated electrical systems with separate meters for the residence and business. A new $50,000 septic system was installed in 2021, and the durable metal roof was added in 2009. Recent exterior improvements include a repaved parking lot, new concrete curbing, and fresh paint. Inside, the retail store was completely refreshed in 2013, the workshop was redesigned specifically for wooden toymaking in 2017, and in the last 3 years, the residence has been fully updated with a new kitchen, new paint, windows, flooring & crown moulding, and updated bathrooms. A rare find, combining the charm of a beautifully restored home with the benefits of modern upgrades. A unique opportunity to continue the tradition of The Toy Factory or to add your own spin on a successful business. A 0.3-acre riverfront lot can be negotiated - providing river access and potential for small-scale commercial use such as kayak or paddle re (id:47423)
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Detailed Information
Bedrooms
4
Bathrooms
3
Amenities Nearby
Golf Course, Park, Playground
Features
Treed, Wooded area, Paved driveway
Listing Contract Date
2025-01-17
Municipal ID
230300
Ownership Type
Freehold
Property Type
Single Family
Structures
Patio(s)
Transaction Type
For sale
Views
River view
Building
Appliances
Hot Tub, Range - Electric, Dishwasher, Dryer, Washer, Freezer - Stand Up, Refrigerator
Constructed Date
1848
Construction Style (Attachment)
Detached
Exterior Finish
Wood shingles
Flooring Type
Hardwood, Laminate, Vinyl
Foundation Type
Stone
Heating Fuel
Electric, Oil
Heating Type
Forced air, Furnace, Hot Water, Not known, Radiator
Stories Total
2
Total Finished Area
2500 sqft
Type
House
Utility Water
Drilled Well
Rooms
Room
Level
Dimensions
Notes
Primary Bedroom
Second level
11.11 x 14.10
Bedroom
Second level
Bedroom/Office 12 x 10.10
Bedroom
Second level
12.05 x 12.10
Bedroom
Second level
10.05 x 12.10
Kitchen
Main level
16.10 x 13.10
Den
Main level
12 x 15
Living room
Main level
12 x 16
Parking Spaces
Name
Spaces
Parking Space(s)
Land
Total Size
1
Access Type
Year-round access
Acreage
Yes
Amenities
Golf Course, Park, Playground
Disposition Features
Cleared
Landscape Features
Partially landscaped
Sewer
Septic System
Size of Irregular Land
1.0
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