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1866-1874 County Rd 12 Road
homes for sale · Prince Edward County · Hallowell Ward
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$3,495,000

1866-1874 County Rd 12 Road

Hallowell Ward, Prince Edward County · MLS® X12146773

11 sq ft · 11 sq ft lot · Land · Vacant Land · 528 days on market

listed by Tim Mckinney, Re/Max Quinte Ltd.

realtor's description

Exceptional Investment Opportunity on West Lake Prince Edward County This is one of the most exciting development opportunities in Prince Edward County. Set on 10.5 acres with 550 feet of prime waterfront on West Lake and 905 feet of frontage on County Road 12, this property has been rezoned to allow for the creation of a 20-unit cottage resort, each unit approximately 1,100 sq. ft. in size. The approved vision also includes a bike retail shop and a restaurant caf, perfectly positioned to capitalize on the steady flow of visitors to nearby Sandbanks Provincial Park. The current owners have invested significant time and resources into planning a thoughtful and profitable resort concept that blends natural beauty with modern amenities. Whether you're an investor looking to develop a tourism destination or an operator with a vision for a hospitality venture, this property offers unmatched potential. There is also the option for a 50% joint venture partnership, giving the right operator the opportunity to co-own and run the future operation. Seller is also offering property at 1856 County Rd 12 at $475,000.

property details

type
Land, Vacant Land
living area
11 sq ft
lot
11 sq ft
parking
0
property tax
$7,298 / yr
days on market
528
MLS®
X12146773

monthly cost

$15,836/mo
Mortgage $15,227 · Tax $608

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$15,227/ monthly
loan $2,796,000
25-year amortization
total interest
$1,772,214
cash to close
$699,000
down payment; transfer tax and fees not included
total paid
$4,568,214

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Hallowell Ward, Prince Edward CountyGoogle Maps ↗

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listed by
Tim Mckinney
Re/Max Quinte Ltd.
call Tim · 613-921-2667
Powered by: REALTOR.ca

similar homes nearby

location

Hallowell Ward, Prince Edward CountyGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

1866-1874 County Rd 12 Road, Prince Edward County
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Land
$3,495,000
4methe deep dive
1866-1874 County Rd 12 Road
Hallowell Ward, Prince Edward County491 days on market
listed by Re/Max Quinte Ltd.
MLS® X12236280