Lands and lots for sale in PEI
Explore our impressive range of Lands and Lots for sale in PEI
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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)
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)
2019-1 Ed & Sue Caboose Lane
St. Margaret's, 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)
Western Road, Harmony Line Road
Richmond, Prince Edward Island
Large 34.27 acre property located on the corner of Western Rd (Rte 2) and Harmony Line Rd in Richmond, PEI. This property is a mixture of woodland, and as you can see in the photos there are two large ponds in the corner of the property. This would be a great place to build a new home or potentially a new business with lots of traffic on the main highway. There is approximately 1,800 ft of road frontage along Harmony Line Rd, and 865+- ft of frontage along Western Rd. Note: There is 15% HST applicable on top of the purchase price. Non-residents of PEI are encouraged to look into the rules and regulations of the Island Regulatory and Appeals Commission. A non-resident of PEI is required to apply to purchase a property in excess of 5 acres, and there are various rules surrounding IRAC which limit the ability for non-resident purchases. It is advised to speak with your own REALTOR®, a lawyer, or contact the Island Regulatory and Appeals Commission for more information if you are not currently a resident of PEI. All measurements are approximate and to be verified by the Buyer if deemed necessary. The red lines drawn on the aerial photos are an approximate boundary line as there is no survey for the property. (id:50344)
Cannontown Road, Rte 165
St. Timothee, Prince Edward Island
Large 40 acre parcel of land located on Cannontown Rd in St. Timothee, PEI, minutes away from the community of Abram's Village and Wellington where you'll find all your amenities. This property features a mixture of woodland and partially cleared in areas as you can see in the aerial photos. There is approximately 750 ft of road frontage along Cannontown Rd. There is easy access to many ATV and snowmobile trees around the area. Note: There is 15% HST applicable on top of the purchase price. Non-residents of PEI are encouraged to look into the rules and regulations of the Island Regulatory and Appeals Commission. A non-resident of PEI is required to apply to purchase a property in excess of 5 acres, and there are various rules surrounding IRAC which limit the ability for non-resident purchases. It is advised to speak with your own REALTOR®, a lawyer, or contact the Island Regulatory and Appeals Commission for more information if you are not currently a resident of PEI. All measurements are approximate and to be verified by the Buyer if deemed necessary. The red lines drawn on the aerial photos are an approximate boundary line as there is no survey for the property. (id:50344)
15325 Northside Road
St. Peters Bay, Prince Edward Island
*Vendor Financing Available* Welcome to this prime 1.87-acre lot for sale in the charming community of St. Peters Bay. Perfectly located, this property is less than 10 minutes from the stunning white sand beaches of Greenwich National Park and the luxurious Mysa Nordic Spa. For recreation and leisure, several golf courses are just a short drive away. Enjoy the convenience of being within walking distance of dining and entertainment options in St. Peters Bay as well as the UPEI Canadian Centre for Climate Change, adding to the appeal of this location. The lot is equipped with municipal septic and is zoned R4, making it an excellent choice for building a single-family home or a multi-unit income property. This versatile property offers endless possibilities for creating your ideal living space or investment opportunity in a picturesque setting. (id:50344)
Lot 28 Macleod Crt Hampton Beach Properties
Hampton, Prince Edward Island
The most beautiful private and quiet South Shore community, Hampton Beach Properties (HBP) has easy walk-on access to a safe sandy warm beach! Your property has huge ocean and sky views. Safe tidal pools provide hours of beach walking, exploring, swimming, clamming, sea glass hunting, kite boarding, and sailing. SO SAFE. The precious Village of Victoria-By the Sea is a 5 minutes away with best restaurants, theatre, and artisanal shops (google it). This executive home community is centrally located on the south shore, 20 minutes from the Charlottetown airport, and the Confederation Bridge! Best value hands down. Covenants to protect your investment, with large lots. Only lot being released this year. Realtor is also owner. (id:50344)
89 Colins Lane
Forest Hill, Prince Edward Island
*Vendor Financing Available* Discover your perfect rural retreat with this mature building lot, ideally situated less than 10 minutes from St Peters Bay and 25 minutes to Montague. This lot offers the tranquility of country living with easy access to local shops, dining, services, and the UPEI Canadian Centre for Climate Change. Nestled near the beautiful white sand beaches of Greenwich National Park, this property is perfect for nature enthusiasts and beach lovers. Recreational opportunities abound with nearby golf courses and the luxurious Mysa Nordic Spa. With a preexisting well and septic system, this lot is ready for you to build your dream home or place a mini home. Enjoy the perfect balance of privacy, natural beauty, and convenience with this unique opportunity. (id:50344)
Lot 04-2 Northside Road
St. Peters Bay, Prince Edward Island
*Vendor Financing Available* Welcome to this prime 1.87-acre lot for sale in the charming community of St. Peters Bay. Perfectly located, this property is less than 10 minutes from the stunning white sand beaches of Greenwich National Park and the luxurious Mysa Nordic Spa. For recreation and leisure, several golf courses are just a short drive away. Enjoy the convenience of being within walking distance of dining and entertainment options in St. Peters Bay as well as the UPEI Canadian Centre for Climate Change, adding to the appeal of this location. The lot is equipped with municipal septic and is zoned R4, making it an excellent choice for building a single-family home or a multi-unit income property. This versatile property offers endless possibilities for creating your ideal living space or investment opportunity in a picturesque setting. (id:50344)
0 Route 11
Cap Egmont, Prince Edward Island
Waterfront acreage on a beautiful sandy beach that you can walk on for miles! Sand bars at low tide, sparkling water views and a warm south shore beach. No restrictive covenants! Nestled along the picturesque shores of Cap Egmont, Prince Edward Island, lies a remarkable opportunity for discerning real estate enthusiasts: a pristine 4.8-acre waterfront parcel, boasting captivating vistas of the Northumberland Strait. This idyllic piece of land offers unobstructed panoramas of New Brunswick on clear days, creating a tranquil backdrop for serene coastal living. With a gentle slope leading down to a pristine sandy beach stretching for miles, accessibility to the shoreline is effortless, requiring no stairs for access?a rare feature. Situated just 200 meters down a quaint dirt road, accessible year-round via a paved government road, this property offers convenience and seclusion in equal measure. Notably, half of the dirt road appears to be already ploughed due to another residence on the road, while the remaining portion can be easily plowed by the purchaser, potentially transforming this retreat into a year-round oasis (subject to own verification). Boasting approximately 545 feet of shore frontage, there exists the possibility for subdivision, with governmental approval, presenting an enticing investment opportunity. Alternatively, envision crafting your dream home amidst the breathtaking 180-degree ocean views, complemented by the presence of upscale residences within this charming seaside town. This prime location offers proximity to an array of amenities, including shops, restaurants, a lighthouse, musical theatre, museum, and provincial parks. Just a short 25-minute drive to Summerside, PEI's second-largest city, Charlottetown is a mere hour away. affording residents the best of both worlds: serene coastal living with urban conveniences within easy reach. Listing agent is seller. All measurements are approximate. (id:50344)
Lot 21-4 Piper Drive
Bedeque And Area, Prince Edward Island
Beautiful waterfront lots are now available on Piper Drive overlooking the Northumberland Straight! all lots are priced at $130,000 plus HST each! Lot sizes range from 1.72 - 1.94 acres, are perc tested, pinned and surveyed making it easy to build that dream cottage you always wanted! If you enjoy overlooking the water, seeing spectacular sunsets, hearing the sound of the ocean, enjoying the peace and quiet, this could be the place for you! Located just 50 minutes from Charlottetown, 25 minutes from Summerside and the confederation bridge. (id:50344)
Lot 21-5 Piper Drive
Bedeque And Area, Prince Edward Island
Beautiful waterfront lots are now available on Piper Drive overlooking the Northumberland Straight! all lots are priced at $130,000 plus HST each! Lot sizes range from 1.72 - 1.94 acres, are perc tested, pinned and surveyed making it easy to build that dream cottage you always wanted! If you enjoy overlooking the water, seeing spectacular sunsets, hearing the sound of the ocean, enjoying the peace and quiet, this could be the place for you! Located just 50 minutes from Charlottetown, 25 minutes from Summerside and the confederation bridge. (id:50344)
Vacant Land and Lots for Sale in PEI: A Comprehensive Guide
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:
- Intend to own land in excess of 5 acres, or
- Plan to have shore frontage surpassing 165 feet.
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.