Lot 12 Ocean Drive

Argyle Shore · MLS® 202601691

1 sq ft lot · Land · Vacant Land · 268 days on market

listed by Landan Weeks, ALLAN WEEKS REAL ESTATE CO.,LTD.

realtor's description

Welcome to Lot 12 on Ocean Drive, a stunning 0.89 acre waterview lot located in the sought-after community of Argyle Shore, Prince Edward Island. This property offers deeded access to the beach, making it easy to enjoy peaceful walks along the shoreline only steps away from your new home. Situated in a thoughtfully planned subdivision, Lot 12 is protected by restrictive covenants that preserve the natural beauty, architectural quality, and long-term value of the area. The lot is surveyed, perc tested and now simply waiting for you to break ground! Additional lots are also available, presenting a rare opportunity to secure a piece of PEI?s coveted South Shore coastline.

property details

type: Land, Vacant Land
lot: 1 sq ft
parking: 0
days on market: 268
MLS®: 202601691

features

Level lot

monthly cost

$431/mo

Mortgage $431

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

estimated payment

$431/ monthly

loan $79,200

25-year amortization

down payment20% · $19,80020%+ 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: $50,200
cash to close: $19,800; down payment; transfer tax and fees not included
total paid: $129,400

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