Lands and lots for sale in PEI
Explore our impressive range of Lands and Lots for sale in PEI
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Lot 23-9 County Line Road Rte 233
Clinton, Prince Edward Island
Gorgeous large building lots In Clinton, overlooking panoramic views of the countryside, vibrant hills and valleys. Here you can build a wonderful large or small home with expansion decks, have a large fire pit, and enjoy barbecuing & the great outdoors while entertaining family and friends. Here you have the best of both worlds, live in a beautiful country setting close to the North Shore beaches, and still only minutes away from the town of Kensington for all of the amenities. Plus these gorgeous lots are off of a newly paved road. All lots are just a little under 2 acres each. Building lots 1-5 are Surveyed, Perc Tested, Stamped Approved & pinned. Lots 6,7,8,9 are subject to have survey approval and pinned before closing. There?s no covenants and restrictions on these beautiful lots. LOT 23-9 IS 1.97 LOT 23-8 IS 1.96 LOT 23-7 IS 1.95 LOT 23-6 1.94 LOT 23-5 1.97 LOT 23-4 1.99 LOT 23-3 1.96 LOT 23-2 1.97 All measurements are approximate and should be verified by the purchaser. (id:50344)
0 St Charles Road
Souris, Prince Edward Island
Acreage available in Rollo Bay West between the Sheehan road, Bear River road & Rte 2. Perfect spot to build a year round home or off grid homestead. Beside 654 ST CHARLES - RTE 308. Property is to be sold as is where is without legal warranties or representations at the sole responsibility or the purchaser. Geo map & deed available upon request. Non Residents must have IRAC approval to purchase. (id:50344)
0 Curtis
Selkirk Road, Prince Edward Island
50 acres of land located between Barry road & Selkirk road in Farmington. This land is very private without any nearby development, yet only minutes from St.Peter's Bay & Souris respectively. Perfect spot to build a home or off grid homestead. Property is to be sold as is where is without legal warranties or representations at the sole responsibility or the purchaser. Geo map & deed available upon request. Non Residents must have IRAC approval to purchase. (id:50344)
1971 Bethel Road
Mount Herbert, Prince Edward Island
Check out this opportunity in Mount Herbert, almost 36 acres of land just minutes from Stratford. Site contains a 1120 sq ft building with complete bath, kitchenette, could easily be converted to a home. Property also features a 1600+ Quonset tarped building. The uses are endless with this property a hobby farm, subdivision, currently a large amount of the acreage is being leased to a farmer for crops. Property measures approximately 1000 feet of frontage on Route 215, could easily create building lots with easy access to them. Property also has a well and septic system installed. Included is a 2011 Kubota Tractor and other equipment. Within 5 minutes of Stratford, this property has many options and not to be overlooked. All information and measurements are considered accurate but should be verified by buyer if deemed necessary. (id:50344)
Lot 23-8 County Line Road Rte 233
Clinton, Prince Edward Island
Gorgeous large building lots In Clinton, overlooking panoramic views of the countryside, vibrant hills and valleys. Here you can build a wonderful large or small home with expansion decks, have a large fire pit, and enjoy barbecuing & the great outdoors while entertaining family and friends. Here you have the best of both worlds, live in a beautiful country setting close to the North Shore beaches, and still only minutes away from the town of Kensington for all of the amenities. Plus these gorgeous lots are off of a newly paved road. All lots are just a little under 2 acres each. Building lots 1-5 are Surveyed, Perc Tested, Stamped Approved & pinned. Lots 6,7,8,9 are subject to have survey approval and pinned before closing. There?s no covenants and restrictions on these beautiful lots. All measurements are approximate and should be verified by the purchaser. (id:50344)
Lot 23-5 County Line Road Rte 233
Clinton, Prince Edward Island
Gorgeous large building lots In Clinton, overlooking panoramic views of the countryside, vibrant hills and valleys. Here you can build a wonderful large or small home with expansion decks, have a large fire pit, and enjoy barbecuing & the great outdoors while entertaining family and friends. Here you have the best of both worlds, live in a beautiful country setting close to the North Shore beaches, and still only minutes away from the town of Kensington for all of the amenities. Plus these gorgeous lots are off of a newly paved road. All lots are just a little under 2 acres each. Building lots 1-5 are Surveyed, Perc Tested, Stamped Approved & pinned. Lots 6,7,8,9 are subject to have survey approval and pinned before closing. There?s no covenants and restrictions on these beautiful lots. All measurements are approximate and should be verified by the purchaser. (id:50344)
Lot 23-6 County Line Road Rte 233
Clinton, Prince Edward Island
Gorgeous large building lots In Clinton, overlooking panoramic views of the countryside, vibrant hills and valleys. Here you can build a wonderful large or small home with expansion decks, have a large fire pit, and enjoy barbecuing & the great outdoors while entertaining family and friends. Here you have the best of both worlds, live in a beautiful country setting close to the North Shore beaches, and still only minutes away from the town of Kensington for all of the amenities. Plus these gorgeous lots are off of a newly paved road. All lots are just a little under 2 acres each. Building lots 1-5 are Surveyed, Perc Tested, Stamped Approved & pinned. Lots 6,7,8,9 are subject to have survey approval and pinned before closing. There?s no covenants and restrictions on these beautiful lots. All measurements are approximate and should be verified by the purchaser. (id:50344)
Lot Sand Spit Lane
Launching, Prince Edward Island
This large, waterfront 1.02 acre lot overlooks Boughton Bay and is located on a quiet, well maintained gravel road, Sand Spit Lane, with year-round residents. The wooded lot fronts 160 feet of beautiful beach and the protected bay is ideal for swimming and boating. The property awaits your dream design! (id:50344)
Lot 26 Lauries Way
Long River, Prince Edward Island
Come to Long River Beach Estates and find this beautiful approved building lot just awaiting your dream home. Lot 26 is a 0.87-acre building lot that has amazing 180-degree views of the scenic SouWest River. There is already a great mix of high-end vacation rentals along with gorgeous year-round homes. Protective covenants are in place to protect your investment and ensure that similar-quality homes are built. All of the lots have river access between lots 11/12. This is one of PEI's premier summer locations; not even 10 minutes from Kensington, minutes to championship golf courses, world-renowned beaches, and restaurants that will make you never want to leave. (id:50344)
Lot 30 Alexander Drive
Clyde River, Prince Edward Island
Discover the pinnacle of luxury living on this prestigious 1.15-acre parcel gracing the picturesque West River, offering an unrivaled panoramic vista. Embrace the allure of this coveted location, mere moments away from Charlottetown, where elegance meets tranquility. Surrounded by high-end residences, this exclusive enclave ensures a sophisticated lifestyle. Preserving the value of your investment, restrictive covenants safeguard your vision for the ultimate dream home, as well, central water system in place, so no well required. Don't miss this unparalleled opportunity to claim your slice of serenity in this esteemed locale. All measurements are approximate. (id:50344)
15 Cardigan Beach Lane
Cardigan, Prince Edward Island
Partially cleared .65 acre lot with deeded access to a beautiful sandy beach on the Cardigan River. This lot has PERC test Cat. 1. This river is well known for kayaking and paddleboarding, with drive up access to the beach. The charming community has a top tier network of walking and mountain biking trails, and is minutes to well known restaurants, Clamdiggers, The Wheelhouse or Club 19. Road is accessible year round and is always plowed. Beautiful lot offers privacy and is a perfect spot to build your dream home or cottage. Minutes to Brudenell and Dundarave golf courses, 5 mnutes to either Cardigan or Georgetown and 15 minutes to Montague. (id:50344)
Lot Wood Islands Road
Belle River, Prince Edward Island
Private building lot on the Wood Islands Road. Perfect opportunity to build that new home with an affordable lot. Only minutes to Montague. (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.