6948 Rustico Road, North Rustico, Prince Edward Island C0A 1N0

Listed for:
$799,000
0 beds
0 baths
Listed 249 days ago
6948 Rustico Road, North Rustico, Prince Edward Island C0A 1N0

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Listing provided by:
NORTHERN LIGHTS REALTY LTD.
MLS® number:
202319010
Agent:
Ken Smallwood
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About

6 unit water-view cottage business in North Rustico featuring a 4BR/2BA year round home, 2- 1BR units, 2- 2BR units and 1- 3BR units. Boasting excellent revenue, reviews and repeat business due to its proximity to PEI white sand beaches, championship golf courses, top-rated restaurants, Cavendish attractions and much more! This cottage operation in the heart of PEI's flourishing tourism sector is in an extreme high traffic area with high visibility and excellent road frontage. Finished with hardwood and tile, these PEI cottages earn 3.5 stars, while the spacious 4BR house has been awarded the coveted 4 Star Canada Select rating. Recent updates include, roof (house & 3BR units), furnace (2018, services 3 of the units), 200 amp panel (4BR) and 5' deep, heated in-ground pool (2017). Also, includes on site manager's quarters, office, staff area/laundry etc. All measurements should be verified by purchaser if deemed necessary, property being sold "As-is". Sale to include all on-site chattels and equipment as turn-key cottage rental operation. (id:27476)

Property Highlights

Type
Cooling type
Heating fuel
Fireplace
No
Construction material
Parking space
Ownership Type
Freehold
Amenities nearby

Location

Summary

This property is a freehold ownership type, consisting of a 6-unit water-view cottage business in North Rustico. The property includes a 4-bedroom, 2-bathroom year-round home, as well as 2 one-bedroom units, 2 two-bedroom units, and 1 three-bedroom unit. Its prime location near PEI's white sand beaches, championship golf courses, top-rated restaurants, and Cavendish attractions has contributed to its excellent revenue, reviews, and repeat business.

Located in the heart of PEI's thriving tourism sector, this cottage operation benefits from high traffic and visibility, as well as excellent road frontage. The cottages are finished with hardwood and tile, earning a 3.5-star rating, while the spacious 4-bedroom house has been awarded a coveted 4-star Canada Select rating. Recent updates to the property include a new roof for the house and 3-bedroom units, a furnace servicing 3 of the units, a 200 amp panel for the 4-bedroom unit, and a 5-foot deep, heated in-ground pool installed in 2017.

Additionally, the property includes on-site manager's quarters, an office, staff area, and laundry facilities. Any measurements should be verified by the purchaser if necessary, as the property is being sold "As-is". The sale will include all on-site chattels and equipment, making it a turn-key cottage rental operation.

This property is currently for sale and features a land size of 1-3 acres. It is located at 6948 Rustico Road in the city of North Rustico, Prince Edward Island, with a postal code of C0A1N0. It is situated in the community of North Rustico.