Lands and lots for sale in PEI
Explore our impressive range of Lands and Lots for sale in PEI
FOR BETTER RESULTS: You can change the way you view properties using the icon to change to GRID VIEW, the icon to change to LIST VIEW & the icon to change to MAP VIEW. If you want to perfrom an advanced search for property, click the SEARCH/FILTER RESULTS button below.
Lot 2 Majestic View Lane
Lakeside, Prince Edward Island
Looking for a water view cottage lot? Check this subdivision out! Enjoy fishing or boating on this beautiful lake. Only two minutes from popular Lakeside Beach and World class golf at The Links of Crow Bush Cove Golf Resort. 30 minutes east of Charlottetown. (id:50344)
Lot 1 Majestic View Lane
Lakeside, Prince Edward Island
Looking for a water view cottage lot? Check this subdivision out! Enjoy fishing or boating on this beautiful lake. Only two minutes from popular Lakeside Beach and World class golf at The Links of Crow Bush Cove Golf Resort. 30 minutes east of Charlottetown. (id:50344)
0 Bay Breezes Lane
Grand River, Prince Edward Island
Stunning 0.94 acre lot located on Bay Breezes Lane in Grand River. This lot offers ample space for your dream home or cottage. The land is cleared and ready for you to build on. Nestled in the picturesque western region of PEI, Grand River is a charming community known for its natural beauty, and tranquility. The area has seen lots of new development making it a great spot to build or invest in. Enjoy beach access, kayaking, and hiking through nearby nature trails in the area. The lot is surrounded by the stunning landscapes that PEI is renowned for, including lush greenery and red sandy beaches. Golf lovers will appreciate the proximity to top-tier golf courses, including the renowned Mill River Golf Course, located half an hour away. Experience peaceful living while still being only 23 minutes to Summerside. (id:50344)
Lot Osprey P1
Brackley Beach, Prince Edward Island
Lovely 1.15 acre treed lot in Brackley Beach. 5 minute walk to beautiful beaches, very close to the National Park, golfing, swimming, kayaking or boating. Only 15 minutes to Charlottetown. Amazing location for your new home. Private access to the beach. (id:50344)
Culloden Road
Melville, Prince Edward Island
Large lot on the Culloden Road in Melville, Prince Edward Island. This 6-acre parcel is fully treed and full of potential. Calling all nature-lovers! Enjoy the privacy and solitude that comes with owning an oversized lot in the forest. Located on a dirt road with close proximity to the Garfield Road. Electrical service present on road. By car it is 10 minutes to the Wood Islands Ferry, 20 minutes to Montague and 40 minutes to Charlottetown. (id:50344)
Lot 21-15 Red Stone Lane
New London, Prince Edward Island
Only two building lots left!! Welcome to the north shore of PEI's newest and finest subdivision overlooking New London Bay. Red Stone Lane is a 16-lot rural development with restrictive covenants to protect the residents' investment. This fully paved, wide road leads to an oversized cul-de-sac with water views from every lot. You will enjoy fantastic water views from 180 degrees of your property. There is a large right of way for all the owners at the west side of the lots between lots 8-9 and an ample 2-acre common green space. Year-round living at its finest with no road maintenance fees or worrying about who you will get to plow the road. Warrens Carpentry must build all homes to ensure the quality standard is uniform. Lots available are 21-11, which is $149,900, and 21-15, which is 89,900. The purchase price is plus HST. (id:50344)
Lot 21-6 Lennys Lane
Clinton, Prince Edward Island
This is an incredible chance to construct your dream home or cottage on a stunning waterview lot on Lenny's Lane in Clinton! This .76 acre lot has been perc tested category 1, and covenants and restrictions have been implemented to safeguard your investment with breathtaking sunsets and water views. This premium PEI, year-round subdivision features a government-paved and maintained road, FiberOP internet, underground power, and a greenspace/common area with a community dock. Conveniently located just 20 minutes from Summerside and 40 mins to Charlottetown, it is close to some of PEI's best restaurants, finest golf courses, and beaches! This incredible lot is not subject to HST! (id:50344)
0 Memory Lane
Kensington, Prince Edward Island
Located on a public road, this half acre waterview lot would be a great spot to build your dream cottage. Located just steps from the Baltic Creek and a 5 minute walk to the Darnley Basin, you are not far from all of the fun in Kensington and the Twin Shores Campground. Some of the most sought after prestine beaches are a just 4 minute drive. Memory lane is a public road that is kept open all year. (id:50344)
0 Memory Lane
Kensington, Prince Edward Island
Located on a public road, this half acre water view lot would be a great spot to build your dream cottage. Located just steps from Baltic Creek and a 5 minute walk to the Darnley Basin, you are not far from all of the fun in Kensington and the Twin Shores Campground. Some of the most sought after prestine beaches are just a 4 minute drive. Memory lane is a public road that is kept open all year. Perc test Category 1. (id:50344)
Lot 08-2 Rte 19
Rice Point, Prince Edward Island
A rare opportunity to purchase a 2+ acre oceanfront lot overlooking the sought after Northumberland Strait. This lot is located along the desired South Shore, Route 19 and will not disappoint. This is a year round road, part of the Bluefield/Cornwall family of schools. Purchase is plus HST. All measurements are approximate. (id:50344)
Lot 08-1 Rte 19
Rice Point, Prince Edward Island
A rare opportunity to purchase a 2+ acre oceanfront lot overlooking the sought after Northumberland Strait. This lot is located along the desired south shore, route 19 and will not disappoint. This is a year round road, part of the Bluefield/Cornwall family of schools. Purchase is plus HST. All measurements are approximate.. (id:50344)
Lot 4 Ronnies Lane
Johnstons River, Prince Edward Island
Introducing an exceptional opportunity to acquire a prime piece of land, nestled in picturesque Johnsons River. With a generous 1.05 acres, this spacious plot offers endless possibilities for builders, families, and working professionals seeking the perfect balance of rural living and modern conveniences. Discover the benefits of this family-friendly neighbourhood, where you can create the ideal living environment for your loved ones. Enjoy peace and tranquillity, surrounded by natural beauty, while still being just 15 minutes from Charlottetown and 5 minutes to the thriving community of Stratford. Rest assured knowing that all lots have been PERC Tested Category 1, ensuring a high standard of construction and environmental sustainability. To further safeguard your investment, covenants are in place to maintain the area's pristine reputation and enhance the value of your property for years to come. Don't miss this unique chance to build your dream home in an idyllic rural setting, with all the amenities of town just a short drive away. Act now and embrace the best of both worlds! (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.