ACREAGE OLD LAKE Road

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$200,000

ACREAGE OLD LAKE Road

West St. Peters · MLS® 202626123

14 sq ft lot · Land · Vacant Land · 5 days on market

listed by Farima Sahraeianjahromi, EXIT Realty PEI

realtor's description

With access from two year-round roads, St. Peters Road and Old Lake Road, the property offers great potential for subdivision or development, subject to necessary approvals. Located just 20 minutes from Charlottetown, its close to Lakeside beach, Crowbush golf course, local restaurants, and amenities in Morell and Mount Stewart. This spacious property offers plenty of possibilities, whether you are looking to build your dream home, a seasonal getaway, or explore future development opportunities. The land is cleared. There is a line of trees along the road that provides privacy and helps reduce road noise. A great opportunity to enjoy PEIs coastal lifestyle while staying close to the city. Please note: Tax and assessment values are to be determined.

property details

type: Land, Vacant Land
lot: 14 sq ft
parking: 0
days on market: 5
MLS®: 202626123

features

Level lot

monthly cost

$871/mo

Mortgage $871

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment

$871/ monthly

loan $160,000

25-year amortization

down payment20% · $40,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $101,414
cash to close: $40,000; down payment; transfer tax and fees not included
total paid: $261,414

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