2041 Route 960

For Sale 63 Days
$439,900
beds
1 baths
901 Sqft

2041 Route 960

For Sale 63 Days
$439,900
beds
1 baths
901 Sqft

Highlights

Key insights

Description

  • Home value ($/Sqft)
    $488/Sqft
  • Time on Houseful
    63 days
  • Property type
    Single family
  • Style
    Bungalow
  • Lot size
    91.31 Acres
  • Mortgage payment

Unfinished Custom Home on 91 acres & Lucrative Income Potential! Perfect for a visionary buyer to complete a dream home and invest in a property that offers lifestyle and income potential. Nestled in a private, serene setting just minutes from the Confederation Bridge to PEI, this unique unfinished new construction sits on approximately 91 acres and includes beach access across the road. The home offers a spacious layout, a large open-concept living area with vaulted ceilings, a double attached garage, and numerous rooms awaiting your personal touch. The basement is roughed-in and ready to be transformed, providing even more living space to. Through an existing agreement related to renewable energy infrastructure TransAlta: Turbine compensation could generate approximately $24,800/year per turbine (based on 6.2 MW generation). Currently provides an estimated annual revenue of $1,365, bringing your total to $26,165/year in supplementary income. Additional compensation includes $30/acre/year for other infrastructure and $2,730/year if a laneway is established. Compensation increases by 10% every 5 years for the duration of the agreement. Documents can be provided. This property is ideal for a handy buyer, investor, or someone seeking privacy, and the rare opportunity to build equity through sweat and visionall while benefiting from consistent passive income. Don't miss your chance to create something truly special in a beautiful coastal setting with built-in long-term value. (id:63267)

Jennifer Jones of Royal LePage Atlantic,
#NB122083
updated 1 week ago.
Houseful checked MLS® for data 1 week ago.

Home overview

Amenities / Utilities
  • Heat source
    Wood
  • Heat type
    Stove
  • Sewer/ septic
    Septic system
Exterior
  • # total stories
    1
  • Has garage (y/n)
    Yes
Interior
  • # full baths
    1
  • # total bathrooms
    1.0
Lot/ Land Details
  • Lot dimensions
    36.95
Overview
  • Lot size (acres)
    91.3034518852234
  • Building size
    901
  • Listing #
    Nb122083
  • Property sub type
    Single family residence
  • Status
    Active
Rooms Information metric
  • Other
    4.216m X 4.394m
    Level: Basement
  • Other
    6.883m X 6.045m
    Level: Basement
  • Other
    5.385m X 5.74m
    Level: Basement
  • Living room
    7.01m X 5.817m
    Level: Main
  • Other
    2.946m X 2.769m
    Level: Main
  • Other
    2.946m X 3.15m
    Level: Main
  • Other
    2.794m X 4.724m
    Level: Main
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28556739/2041-route-960-upper-cape
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-1,173

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25 Years fixed, 20% down payment, % interest
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