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Lands and lots for sale in PEI

Explore our impressive range of Lands and Lots for sale in PEI

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For sale
$40,000
Strathcona Road|Rte 312, strathcona, Prince Edward Island

Strathcona Road, Rte 312

Strathcona, Prince Edward Island

Presenting an exceptional opportunity in the serene and picturesque setting of Eastern PEI, this 1.38-acre vacant lot on Strathcona Road, Strathcona, offers an ideal canvas for your dream property. Fronting on a year-round paved road, this expansive parcel provides both accessibility and tranquility, making it perfect for those seeking a peaceful retreat. With no restrictive covenants, you have the freedom to design and build to your specifications, whether it's a charming countryside home, a seasonal cottage, or an investment property. The land is generously sized, allowing ample space for various outdoor activities, gardens, or additional structures. One of the standout features of this lot is its affordability. The current property tax is only $150, making it an economical choice for buyers. This property is not just a plot of land; it is an invitation to create a personalized haven in one of PEI's most sought-after rural locales. Whether you're looking to build a family home or a private getaway, this lot provides a unique blend of convenience, freedom, and opportunity. (id:50344)

For sale
$197,000
Lot 48 Riverview Drive, rustico, Prince Edward Island

Lot 48 Riverview Drive

Rustico, Prince Edward Island

One AMAZING view! This large building lot is located in Anglo Rustico on the banks of the Hunter River where it flows into Rustico Bay on its way to the Gulf of Lawrence. It is perfect for building the summer home of your dreams and make the move to the tranquil beauty of the seaside. If you like the outdoors, you will not get bored here! With direct access to the shore, ownership of this property offers lots of opportunity to enjoy a seaside lifestyle including swimming, paddle boarding, canoeing, kayaking, fishing, beachcombing, and so much more! Outdoor enthusiasts could also walk, hike, or bike on nearby trails, or play a round of golf just down the road. The Town of North Rustico, a year-round hub for services and activities on the North Shore, is just across the bay, although nearby Gallant?s Country Market is likely to provide for all your needs. What we love about this property: -Scenery and beautiful views. -Endless potential for water-based activities. -Proximity to white sand beaches, world class food, cultural activities, and attractions. Restrictive covenants are in place to protect your investment. All measurements are approximate and should be verified by the Purchaser if deemed necessary. (id:50344)

For sale
$35,000
0 Sunrise Avenue, greenwich, Prince Edward Island

0 Sunrise Avenue

Greenwich, Prince Edward Island

Welcome to this stunning water view lot on Sunrise Avenue, in the Shining Waters By The Sea subdivision. Located in Greenwich and overlooking the glistening waters of St. Peters Bay. This lot is cleared and ready to build on! The subdivision has deeded access to the water allowing residents to enjoy swimming, kayaking or launching their boat. There is a large common area for residents to enjoy which consists of 760 ft of shoreline. This lot is in walking distance to The Golden Dory eatery, a favourite of the locals. Located just a couple minutes from St. Peters where you can enjoy vibrant shops and restaurants. Down the road you have the world renowned Greenwich national park where you will find hiking, dunes and white sandy beaches. Golf lovers will appreciate the proximity to top tier golf courses including The Links at Crowbush Cove. This location truly has it all! Lot is subject to HST. Restrictive covenants in place to protect your investment. (id:50344)

For sale
$85,000
Lot 2 Henry Road, vernon bridge, Prince Edward Island

Lot 2 Henry Road

Vernon Bridge, Prince Edward Island

Welcome to your year-round haven on this fantastic property! Nestled on a year-round paved road, this 2.26-acre slice of paradise ensures convenience and accessibility throughout all seasons. The location strikes a perfect balance, offering the tranquility of a little distance from neighbors, providing both safety and privacy for your utmost comfort. A mere 20-minute drive takes you to the vibrant city of Charlottetown, where urban amenities and cultural experiences await. The property boasts a mix of trees, including evergreens, providing a natural aesthetic and potential landscaping opportunities. Some trees, remnants of a past storm, offer the possibility of sustainable firewood, adding both practicality and charm to your new home. Whether you seek a peaceful retreat or a base for year-round adventures, this property caters to your desires. Embrace the charm of country living without sacrificing convenience. Your dream home awaits in this idyllic setting, combining the best of nature and accessibility. Don't miss the opportunity to make this haven yours! (id:50344)

For sale
$49,000
Lot High Road, south pinette, Prince Edward Island

Lot High Road

South Pinette, Prince Edward Island

Nestled on High Road Road, just off the Trans Canada Highway and connecting to Roseberry Road, only moments from the Community of Belfast and south shore beaches. Featuring 4 acres of a natural landscape, the possibilities are endless to create your very own private oasis! (id:50344)

For sale
$540,000
Lot 123 Street A, charlottetown, Prince Edward Island

Lot 123 Street A

Charlottetown, Prince Edward Island

Prime commercial development opportunity! Zoned for 30 units, located on a transit route. Hidden Valley, Charlottetown's newest subdivision offering the perfect blend of convenience, tranquility, and community. Nestled just off Windymere Drive in the esteemed West Royalty area, this centrally located development promises an idyllic lifestyle for residents seeking both modern amenities and natural serenity. Become a part of PEI's burgeoning neighborhood and relish in the abundant green space and peaceful living that flanks a picturesque stream, complete with a scenic walking path for leisurely strolls or morning jogs. Embrace the harmonious balance of urban accessibility and rural charm, with downtown Charlottetown just a few minutes' drive away, ensuring you're never far from the vibrant pulse of the city. These sought-after R1 lots are quickly being snapped up, available in various sizes to accommodate your dream home vision. Rest assured, covenants are firmly in place to uphold the integrity and aesthetic appeal of the neighborhood, ensuring a cohesive community of quality family residences. Experience the epitome of convenience and centrality in the heart of Charlottetown's Capital District. With its prime location and commitment to fostering a beautiful neighborhood atmosphere, Hidden Valley stands as a testament to modern living at its finest. Don't miss your chance to be a part of this exceptional community. (id:50344)

For sale
$1,080,000
Lot 127A Street A, charlottetown, Prince Edward Island

Lot 127a Street A

Charlottetown, Prince Edward Island

Prime commercial development opportunity! Zoned for 60 units, located on a transit route. Hidden Valley, Charlottetown's newest subdivision offering the perfect blend of convenience, tranquility, and community. Nestled just off Windymere Drive in the esteemed West Royalty area, this centrally located development promises an idyllic lifestyle for residents seeking both modern amenities and natural serenity. Become a part of PEI's burgeoning neighborhood and relish in the abundant green space and peaceful living that flanks a picturesque stream, complete with a scenic walking path for leisurely strolls or morning jogs. Embrace the harmonious balance of urban accessibility and rural charm, with downtown Charlottetown just a few minutes' drive away, ensuring you're never far from the vibrant pulse of the city. These sought-after R1 lots are quickly being snapped up, available in various sizes to accommodate your dream home vision. Rest assured, covenants are firmly in place to uphold the integrity and aesthetic appeal of the neighborhood, ensuring a cohesive community of quality family residences. Experience the epitome of convenience and centrality in the heart of Charlottetown's Capital District. With its prime location and commitment to fostering a beautiful neighborhood atmosphere, Hidden Valley stands as a testament to modern living at its finest. Don't miss your chance to be a part of this exceptional community. (id:50344)

For sale
$35,900
Lot 1 Primrose Road, degros marsch, Prince Edward Island

Lot 1 Primrose Road

Degros Marsch, Prince Edward Island

*Vendor Financing Available* Discover the beauty and tranquility of DeGros Marsh with these four sizable acreages, perfect for your private retreat or development project. Lots 1 and 2 each span 11.47 acres, while Lots 3 and 4 offer 10.82 acres each, providing ample space and seclusion in a wooded setting. Located just 25 minutes from Montague and Georgetown, these properties offer convenient access to all your essential needs. Enjoy the natural surroundings with Boughton Island and nearby public beaches within walking distance. For recreation and leisure, a short drive will take you to the Dundarave Golf Course and the world-famous Inn at Bay Fortune. With the substantial lumber on the properties to build any outbuildings and roughly 1000ft of road frontage each, these lots are ideal for constructing a private home, cottage, or further development. Embrace the opportunity to create your perfect getaway in DeGros Marsh. (id:50344)

For sale
$35,900
Lot 2 Primrose Road, degros marsch, Prince Edward Island

Lot 2 Primrose Road

Degros Marsch, Prince Edward Island

*Vendor Financing Available* Discover the beauty and tranquility of DeGros Marsh with these four sizable acreages, perfect for your private retreat or development project. Lots 1 and 2 each span 11.47 acres, while Lots 3 and 4 offer 10.82 acres each, providing ample space and seclusion in a wooded setting. Located just 25 minutes from Montague and Georgetown, these properties offer convenient access to all your essential needs. Enjoy the natural surroundings with Boughton Island and nearby public beaches within walking distance. For recreation and leisure, a short drive will take you to the Dundarave Golf Course and the world-famous Inn at Bay Fortune. With the substantial lumber on the properties to build any outbuildings and roughly 1000ft of road frontage each, these lots are ideal for constructing a private home, cottage, or further development. Embrace the opportunity to create your perfect getaway in DeGros Marsh. (id:50344)

For sale
$45,900
Lot 3 Primrose Road, degros marsch, Prince Edward Island

Lot 3 Primrose Road

Degros Marsch, Prince Edward Island

*Vendor Financing Available* Discover the beauty and tranquility of DeGros Marsh with these four sizable acreages, perfect for your private retreat or development project. Lots 1 and 2 each span 11.47 acres, while Lots 3 and 4 offer 10.82 acres each, providing ample space and seclusion in a wooded setting. Located just 25 minutes from Montague and Georgetown, these properties offer convenient access to all your essential needs. Enjoy the natural surroundings with Boughton Island and nearby public beaches within walking distance. For recreation and leisure, a short drive will take you to the Dundarave Golf Course and the world-famous Inn at Bay Fortune. With the substantial lumber on the properties to build any outbuildings and roughly 1000ft of road frontage each, these lots are ideal for constructing a private home, cottage, or further development. Embrace the opportunity to create your perfect getaway in DeGros Marsh. (id:50344)

For sale
$45,900
Lot 4 Primrose Road, degros marsch, Prince Edward Island

Lot 4 Primrose Road

Degros Marsch, Prince Edward Island

*Vendor Financing Available* Discover the beauty and tranquility of DeGros Marsh with these four sizable acreages, perfect for your private retreat or development project. Lots 1 and 2 each span 11.47 acres, while Lots 3 and 4 offer 10.82 acres each, providing ample space and seclusion in a wooded setting. Located just 25 minutes from Montague and Georgetown, these properties offer convenient access to all your essential needs. Enjoy the natural surroundings with Boughton Island and nearby public beaches within walking distance. For recreation and leisure, a short drive will take you to the Dundarave Golf Course and the world-famous Inn at Bay Fortune. With the substantial lumber on the properties to build any outbuildings and roughly 1000ft of road frontage each, these lots are ideal for constructing a private home, cottage, or further development. Embrace the opportunity to create your perfect getaway in DeGros Marsh. (id:50344)

For sale
$75,000
2019-2 Ed & Sue Caboose Lane, st margaret, Prince Edward Island

2019-2 Ed & Sue Caboose Lane

St Margaret, Prince Edward Island

Ocean-view lots on PEI's Northside - Bring your dreams to life. Ready to create a retreat away from the stress of the world's "new normal"? Own a piece of paradise in what is still a mostly untouched area of Prince Edward Island. Situated in St Margaret's along Eastern PEI's Northside, this land is steeped in local history and culture. A summertime dream-come-true, it's a convenient location to get out and about and soothe your soul with the sounds of local talent and musical festivals; soak up the sun on any number of sandy beaches; indulge in the day's catch at delicious eateries; and have fun swimming, boating, or fishing in PEI's pristine waters. Or settle in at home to enjoy stunning views of the red cliffs and white caps topping the blue waters of the Gulf of St Lawrence. Venture out to explore sea-life along the rocky shoreline and sandy beach just a few meters from your door. Enjoy some 'smores on an outdoor fire then rest easy under moonshine and a blanket of stars at night. Located approximately a 1-hour drive from Charlottetown; 15 minutes from the Town of Souris; and 15 minutes from Cable Head Air Park, this large building lot is surveyed at 1.18 acre. It is situated on a well-maintained road so your property could be made accessible year-round. Create your dream escape. Invite your friends and family to join you, as this is one of only three opportunities currently available just off Bear Shore Road. (id:50344)

Vacant Land and Lots for Sale in PEI: A Comprehensive Guide

PEI Lands & Lots for Sale

Nestled in the Gulf of St. Lawrence, Prince Edward Island (PEI) is renowned for its picturesque landscapes, coastal beauty, and fertile soils. For those looking into the real estate market, especially in the category “Lands and Lots for Sale in PEI”, there’s an array of options available. However, understanding the types of land and lots for sale in PEI and the regulations surrounding their purchase is essential.

PEI vacant land and lots for sale are divided into several categories. These include:

Bare Acreage

This refers to the vast stretches of land which can be treed, partially treed, or completely cleared. Typically found in outlying regions, these don’t have any services.

Waterfront Lands or Lots

Encompassing a wide spectrum, these can range from large tracts without any services to developed plots in subdivisions like Granville on the Water or Sunset Dunes.

City Subdivisions

Think of places like Starlite Estates, where lots are fully serviced, with paved roads, curbs, and sometimes even sidewalks.

Standalone Lots

These are scattered in or around urban regions. Their closeness to cities makes them less expensive to service than bare acreage. These can be small acreages with or without services.

Cottage Lot Subdivisions

Primarily rural, these lots are designed for up to three seasons of habitation. They don’t usually have paved roads, and the winter season sees them not cleared.

Beyond these categories, it’s also important to determine the land’s purpose – residential, recreational, or agricultural?

Regulations with PEI Land Ownership

PEI has a distinct set of rules under the Island Regulatory & Appeals Commission (IRAC) dictating how much land or shorefront an entity can own.

In the infancy of PEI’s history, the province was divided into sixty-seven 20,000-acre lots. Interestingly, these Lands and lots were given to a select group of absentee proprietors before any real settlement occurred. Over the centuries, the land gradually returned to local hands as it was bought from these non-local landlords.

Fast forward to the 1960s, when the spectre of absentee ownership of PEI lands and lots once again loomed large. Non-residents, sensing the potential of PEI real estate, started investing heavily, leading to significant portions of coastal areas slipping out of local control. This was addressed in 1972 with amendments to the Real Property Act, which put restrictions on Lands and lots for sale in PEI from being purchased by non-residents.

However, it was an application in 1981 by a non-resident corporation to buy 6,000 acres that truly shook the public conscience. There were fears of one entity dominating PEI’s agricultural industry. The result? The introduction of the Lands Protection Act in 1982.

Key Points to Consider for Prospective Buyers of lands and lots for sale in PEI

Application Requirement

Non-resident entities must apply if they:

Approval Conditions

Government might sanction the land purchase with stipulations such as limited subdivision rights, land identification for non-development, and mandated residential status within a timeframe.

Denial Reasons

Applications can be turned down for various reasons, including non-resident control over a large acreage, surpassing the Act’s limits, speculation motives, and more.

Land Holding Limits

An individual can own up to 1,000 acres, while corporations have a cap of 3,000 acres. cabinet must approve non-resident purchases of two hectares (five acres) or more, and land with more than 165 feet of shore frontage.

Application Time

On average, the application processing takes 3-4 weeks, but complex cases might take longer.

Application Essentials

Applicants wishing to purchase lands and lots for sale in PEI must provide a detailed form, relevant maps, legal descriptions, advertising details if applicable, a submission relating to the Prohibition on the Purchase of Residential Property by Non-Canadians Act, and a relevant fee.

Moreover, recent federal laws restrict land purchases in Canada by foreign entities. It’s advisable to consult with your Century21 Realtor for further details.

The allure of  purchasing vacant land and lots in PEI is undeniable. However, prospective buyers must be well-versed with the nuances of PEI’s real estate landscape to make informed decisions. Whether it’s a serene waterfront lot or a standalone plot near the city, PEI promises a piece of land that’s perfect for every dream.

PEI has always placed controls on how much land any one person or corporation can own. Find out the “nitty-gritty” from Michael Poczynek

Canada has passed a law prohibiting non-resident buyers from purchasing homes for at least the next 2 years.