7195 Rte 13, Cavendish, Prince Edward Island C0A 1N0

Listed for:
$699,000
5 beds
4 baths
Listed 275 days ago
7195 Rte 13, Cavendish, Prince Edward Island C0A 1N0

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Listing provided by:
EXIT REALTY PEI
MLS® number:
202316462
Agent:
James Vanderknyff
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About

Beautiful 5 bedroom home, with excellent income opportunity, part of Queens County Condos. This home is located on 4 acres of mature maple trees, close to Cavendish and Cavendish Beach! It also has four beautiful golf courses, several fun amusement parks, board walk shops, restaurants, shopping and more! The home is beautifully designed and comes fully furnished. The main house features 3 bedrooms, a large eat in kitchen, a large living room, a heat pump, a hot tub and gorgeous back deck area, and a front veranda. The main homes primary bedroom has an ensuite, and is on the main level. The main part of the home rents for $500 a night during peak tourism season. There is also a main floor suite which has one bedroom, a kitchen, living room, a heat pump, and a private hot tub and deck area. Potential rent income for the suite is $225 per night. Upstairs features a private large bedroom suite with a full bathroom, a heat pump, a private hot tub and deck area, and rents for $225 in peak tourism season. There is a 20?x40? shared outdoor heated pool, and a 2000 sq foot shared activity center! The home has its own laundry facility. Recent upgrades include a new metal roof and heat pumps. This beautiful 5-bedroom home on Queens County Condos is part of a bare land strata. This means the new owner of the 5-bedroom home will own the building itself, the footprint of land under it, and a 1/19 share in the remaining common property. Condo fees are $150.00 per month for the home and covers water and septic, landscaping, snow removal, garbage pick-up, maintenance on the pool, activity center, and includes internet service. The home is permitted to be occupied year-round, or for any portion thereof. The home may also be used for a short-term vacation rental for less than 30 days. There are no long-term rentals permitted. There is a paved driveway, lots of parking and a single detach garage. Please note: Tax and Assessment values are to be determined.COTTAGE #2 (id:27476)

Property Highlights

Type
Cooling type
Air exchanger
Heating fuel
Electric, Oil
Fireplace
No
Construction material
Vinyl
Parking space
Ownership Type
Condominium/Strata
Amenities nearby
Golf Course, Park, Playground, Shopping

Location

Summary

Located in the beautiful Queens County Condos, this stunning 5-bedroom home offers an excellent income opportunity and is surrounded by 4 acres of mature maple trees, just a stone's throw away from Cavendish and Cavendish Beach. The property boasts four gorgeous golf courses, several amusement parks, boardwalk shops, restaurants, and more, making it an ideal location for both relaxation and entertainment.

The main house features 3 bedrooms, a spacious eat-in kitchen, a large living room, a heat pump, a hot tub, a beautiful back deck area, and a front veranda. The primary bedroom with an ensuite is located on the main level, and the main part of the home can be rented for $500 a night during peak tourism season. Additionally, there is a main floor suite with one bedroom, a kitchen, living room, a heat pump, and a private hot tub and deck area, with a potential rent income of $250 per night. Upstairs, there is a private large bedroom suite with a full bathroom, a heat pump, a private hot tub and deck area, renting for $225 in peak tourism season.

Furthermore, the property offers a 20'x40' shared outdoor heated pool and a 2000 sq foot shared activity center, as well as its own laundry facility. Recent upgrades include a new metal roof and heat pumps. As part of a bare land strata, the new owner will own the building itself, the land underneath it, and a 1/19 share in the remaining common property. Condo fees of $425 per month cover water and septic, landscaping, snow removal, garbage pick-up, maintenance on the pool and activity center, as well as internet service.

The property is permitted for year-round occupancy or for any portion thereof, and may also be used for short-term vacation rentals for less than 30 days, with no long-term rentals permitted. It also features a paved driveway, ample parking, and a single detached garage. Tax and assessment values are yet to be determined.

For sale, this property offers a land size of 0.20 acre and is located at COTTAGE #20 7195 RTE 13 in the city of Cavendish, Prince Edward Island, with a postal code of C0A1N0. It includes a total of 4 bathrooms, 5 bedrooms above ground, an unfinished basement, a detached building construction style, vinyl exterior finish, and uses electric and oil as heating fuel, with baseboard heaters and wall-mounted heat pump as the heating type, and 2.00 stories in total.