68 Royalty Road, Charlottetown, PE C1E1Z2
Charlottetown
Key Facts
Description
Discover an extraordinary investment opportunity in the heart of the thriving community of West Royalty! This stunning 1.91-acre parcel of land, recently rezoned from M1 to R3 (Medium Density Residential), presents an unparalleled chance for investors and developers alike. With a generous 7,832 square meters of prime real estate at your fingertips, the potential here is boundless. Imagine the possibilities as you contemplate building up to 68 residential units ?as of right,? eliminating the need for any variance and streamlining your development process. This property has been expertly cleared and is shovel-ready, ensuring that you can hit the ground running with your vision. Whether you're looking to create a vibrant community of modern apartment buildings or a cozy neighbourhood for families, this pristine canvas awaits your unique touch. Located in one of the most desirable areas of Charlottetown, this lot is not only a smart investment but also a chance to contribute to the growth and enhancement of a flourishing community. What truly sets this opportunity apart is its rarity; Don?t let this golden opportunity pass you by! Seize the moment to unlock your potential as a developer in Charlottetown. Act now and set the stage for your future endeavours in this vibrant and welcoming neighbourhood! Your next successful project starts here?are you ready to make your mark?. (id:31684)
Property Information
Property Type
Land
Ownership
Freehold
Listing #
202600501
Property Features
Sewer
Affordability Calculator
$179,800
Estimated monthly payment
$4,785/mo
Principal $719,200 · Est. interest $1,003,348 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Charlottetown, PE
- CA$520,000
- Median Listing Price
- 66
- Median Days on Market
- 5,019
- Median Sq Ft
- CA$256
- Median Price / Sq Ft
- 238
- Active Listings
- This home’s price is 73% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Charlottetown, PE.
Location
Points of Interest in Charlottetown, PE
Showing the Charlottetown area map.
Nearby Schools
West Royalty Elementary School
Elementary · 0.8 km away
Grace Baptist Church
School · 2.0 km away
Private Institute of Hair Design & Aesthetics
Secondary · 3.2 km away
Charlottetown Rural High School
Secondary · 3.2 km away
School's
School · 3.2 km away
East Wiltshire Intermediate School
School · 3.7 km away
Eastwhiltshire School
Elementary · 3.7 km away
Stonepark Intermediate School
School · 4.5 km away
Spring Park Elementary School
Elementary · 4.9 km away
Headstart Early Learning Centre
School · 4.9 km away
Immanuel Christian School
School · 5.0 km away
Parkdale Elementary School
Elementary · 5.1 km away
Colonel Gray Senior High School
Secondary · 5.2 km away
Queen Charlotte Intermediate School
School · 5.3 km away
Tiny Tot Early Years Centre
School · 5.3 km away
West Kent Elementary School
Elementary · 5.7 km away
LM Montgomery Elementary School
Elementary · 5.7 km away
Prince Street Elementary
Elementary · 5.8 km away
St. Jean's Elementary
Elementary · 5.8 km away
Birchwood Intermediate School
School · 5.8 km away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 123 Parkside Drive, Charlottetown, PE | CA$629,900 | 6 | 2 | — |
| 123 Parkside Drive, Charlottetown, PE | CA$629,900 | — | — | — |
| 30 Chancellor Street, Charlottetown, PE | CA$638,000 | 4 | 4 | — |
| 56 Alice Avenue, Charlottetown, PE | CA$639,000 | 4 | 3 | — |
| 239 North River Road, Charlottetown, PE | CA$639,900 | 4 | 2 | — |
| 263 KING Street, Charlottetown, PE | CA$649,000 | — | — | 2,261 |
Moving Cost Estimate
EXIT Agents in Charlottetown
Listing Courtesy: HOMELIFE P.E.I. REALTY INC.
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