Lands and lots for sale in PEI
Explore our impressive range of Lands and Lots for sale in PEI
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Lot 6 Settler's Ridge Road
Stanley Bridge, Prince Edward Island
Discover an enchanting 0.57 acre lot tucked away in the serene surroundings of Stanley Bridge. This beautiful lot boasts lush greenery and seclusion, providing a haven amidst a majestic peaceful setting surrounded by nature. With near access to the river, it presents an idyllic setting for multiple water activities! Immerse yourself in breathtaking views and Embrace the opportunity to craft your dream home on this remarkable lot, where endless possibilities await. (id:50344)
Lot 20-9 Bernard Avenue
Summerside, Prince Edward Island
If you?re looking for that perfect lot to build your dream home on, this could be the one for you! This .29 acre corner lot located in Water-view heights is sure to check off many of your wants and needs in a building lot. Level, cleared, great neighbourhood, walking distance to the french school/ daycare and just a few minute drive to other schools and some of Summerside?s great amenities! Covenants and restrictions do apply to protect your investment! Water-view heights is an expansion off of ?Gavin Estates? one of Summerside?s most sought after neighbourhoods! With many new builds already completed, you could be next! (id:50344)
Lot Peters Lane
French River, Prince Edward Island
This 0.74 acre lot is located in a peaceful fishing community, in the heart of Anne's land, just a few minutes drive to great beaches such as Cavendish, Yankee Hill, Thunder Cove and Cousins Shore. Situated mere steps away from the wharf, you can also walk to the golf course up the hill, the nearby restaurant, Cape Tryon lighthouse or the Beach at Yankee Hill. I have walked the beautiful loop through the River road, up to the Cape Road and come out on Rte 20 by Campbells Farm and followed it back to the wharf, it is about 5 kms. I have shared some pictures that I have taken on my many walks through French River so you can see what the area is like. There are 2 driveways. The lot is Category 1. (id:50344)
Lot 4a Little Marsh Road
Hamilton, Prince Edward Island
Watching the sun set over the Malpeque Bay is one of the most awe inspiring experiences you could have. This area is so peaceful and serene. Amazing seafood restaurants, uncrowded sandy beaches, wharfs to buy your fresh seafood, cultural events, golf courses - the very best of what PEI has to offer in the summer is close to here. This is a large 2.9 acre lot that has about 333 ft of water frontage. This is a great opportunity to have a waterfront lot in a private and beautiful location - at a very good and reasonable price! All non-residents need to be aware that this property is subject to IRAC approval and must be listed for 90 days in order to give current Island residents a chance to buy it. Current taxes are based on non resident status. There is an on-site sewage system report available under documents. This lot is a category 3. A walking path was cut through the trees in the driveway in 2022. (id:50344)
Lot 11 Plover Court
St. Peters Bay, Prince Edward Island
Welcome to Heron View Estates located in the beautiful St. Peter's Bay. This 19 lot subdivision offers peace, tranquility, stunning view of the Bay as well as shared Beach/Bay access. You can also enjoy the easy access to the bordering confederation trail. Within minutes of amenities including spectacular beaches, Nordic Spa, great food and home of some pretty great summer festivals. Don't miss this opportunity to own your own piece of PEI Paradise! (id:50344)
Lot 12 Plover Court
St. Peters Bay, Prince Edward Island
Welcome to Heron View Estates located in the beautiful St. Peter's Bay. This 19 lot subdivision offers peace, tranquility, stunning view of the Bay as well as shared Beach/Bay access. You can also enjoy the easy access to the bordering confederation trail. Within minutes of amenities including spectacular beaches, Nordic Spa, great food and home of some pretty great summer festivals. Don't miss this opportunity to own your own piece of PEI Paradise! (id:50344)
Lot 23-1 Campbell Road
Panmure Island, Prince Edward Island
Here is a wonderful opportunity to own a picturesque 0.81-acre lot in the coveted Panmure Island area. Just steps away from ocean access and a short distance from the renowned Panmure Island Beach, this idyllic parcel of land offers the perfect setting for your coastal retreat or year-round residence. The charming town of Montague is only 20-minutes away. Whether you're drawn to coastal adventures or seeking a peaceful escape, this prime piece of land provides endless possibilities to fulfill your coastal living dreams. All measurements are approximate and should be verified by the Buyer(s). (id:50344)
0 Grand River Drive
Richmond, Prince Edward Island
Amazing waterfront vacant lot with low bank, small beach area in an up and coming area only 20 minutes to Summerside. This 1.5 acre lot is cleared and ready for your dream home. Protective Covenants to protect your investment. There are year round residents here as well as a ranch at the start of Grand River Drive. Life is a beach in Grand River where the air is clean, the salt water is in abundance, views for miles and on the daily and great people surround you. (id:50344)
114 Black Brook Road
Beach Point, Prince Edward Island
[VIDEO TOUR available - click virtual tour/multimedia link to view] Escape to serenity with this exquisite seaside property boasting approximately 950 feet of oceanfront bliss in picturesque Beach Point, PEI. Nestled amidst the tranquil surroundings of the island's eastern coast, this stunning estate encompasses two parcels of land totaling a generous 3 acres, offering ample space and endless possibilities. Situated just moments from the historic Cape Bear lighthouse, residents will relish in the tranquility of coastal living while enjoying breathtaking ocean views and easy access to nearby amenities. Less than 10 minutes away lies the charming village of Murray Harbour, offering additional conveniences and a vibrant community atmosphere. Development potential abounds, making this the ideal opportunity for investors, developers, or those seeking to create their dream coastal retreat. All measurements are approximate and should be verified by the Buyer(s). (id:50344)
Lot Grand River Drive
Richmond, Prince Edward Island
Prime location right across from the water is this water view lot with deeded access. Grand River is only 20 minutes west of Summerside offering a great community and neighbors alike. Year round road with covenants to protect your investment. 0.86 of an acre and no hst. (id:50344)
Lot 6 Fort Augustus Road
Mermaid, Prince Edward Island
Are you thinking of building a new home? Check out this new subdivision located in Mermaid just minutes to Stratford, shopping, a new school, and amenities. Some lots offer a water view. Lots are Category 1, and the street will be ready this August. Subdivision will offer a public paved road, pinned lots, top soil and seeded. Available Lots: Lot 1 - $124,999 Lot 4 - $109,999 Lot 5 - $104,999 Lot 6 - $116,999. (id:50344)
Lot 1 Fort Augustus Road
Mermaid, Prince Edward Island
Are you thinking of building a new home? Check out this new subdivision located in Mermaid just minutes to Stratford, shopping, a new school, and amenities. Some lots offer a water view. Lots are Category 1, and the street will be ready this August. Subdivision will offer a public paved road, pinned lots, top soil and seeded. Available Lots: Lot 1 - $124,999 Lot 4 - $109,999 Lot 5 - $104,999 Lot 6 - $116,999. (id:50344)
Lot 2 Queens Road
St Margaret, Prince Edward Island
8.7 acres of gorgeous waterfront property! This opportunity to own a piece of country living to make your own is here waiting for you. With white sandy beaches close by and the panoramic view of the red cliffs that so many adore this property will be sure to please. The property is surveyed & PERC tested. Imagine waking up to this ocean view and watching the local fisherman as they fish the seas. This truly is an amazing parcel of land, call now for all information and we can get you moving in the right direction to owning this piece of heaven! (id:50344)
Lot 15 Cartersway Lane
Eglington, Prince Edward Island
This spectacular 1.74 acre lot is waiting for you! This property is located in such a beautiful area with amazing beaches and so much more only a short walk away. This location is such truly something else with a right-of-way to a lovely sandy beach. Call now for your personal viewing and lets get you moving in the right direction! (id:50344)
2429 Route 2
Fortune Bridge, Prince Edward Island
1.49 acre lot in the lovely community of Fortune Bridge. This lot already has a well & septic with additional fill to help with levelling off property! Only a short drive from so many well-known white sandy beaches as well as the very well-known Inn at Bay Fortune, owned/operated by Chef Michael Smith. This location and lovely features make for a great buy! (id:50344)
Lot 23-8 Lea Crane Boulevard
Souris, Prince Edward Island
Looking for a great location to operate your business? At the heart of the Town of Souris, you'll find these lovely lots ranging from 0.4 to 0.6 acres, within the industrial park that's only a short walk away from most amenities within Souris. Call now to receive all information regarding each individual lot and let's get you moving in the right direction! (id:50344)
Lot 4 Straitview Road
Souris, Prince Edward Island
This spectacular ocean view lot offers 1.99 acres of cleared land ready for you and your family. This location makes for a great year round home or even a cottage. Being only a short drive to the town of Souris and all the amenities it has to offer makes this a great location. Not only is it close to Souris but make your way east and within a short drive you will find yourself at the very well known and popular beaches of Red Point Provincial Park & Basin Head Provincial Park. (id:50344)
Lot 2023-2 Gaspereaux Road
Gaspereau, Prince Edward Island
Gorgeous spacious lot located on Gaspereaux Road, close to the entrance of Panmure Island. This lot, along with its neighbour that's also available, are PERC tested with Category 1 and are ready to go! This would make for such a lovely area for a cottage or home. With their lovely location and sizes, a whopping 1.30 acres each, you'll surely fall in love with this serene area! (id:50344)
Lot 23-4 Lea Crane Boulevard
Souris, Prince Edward Island
Looking for a great location to operate your business? At the heart of the Town of Souris, you'll find these lovely lots ranging from 0.4 to 0.6 acres, within the industrial park that's only a short walk away from most amenities within Souris. Call now to receive all information regarding each individual lot and let's get you moving in the right direction! (id:50344)
Lot 23-1 Lea Crane Boulevard
Souris, Prince Edward Island
Looking for a great location to operate your business? At the heart of the Town of Souris, you'll find these lovely lots ranging from 0.4 to 0.6 acres, within the industrial park that's only a short walk away from most amenities within Souris. Call now to receive all information regarding each individual lot and let's get you moving in the right direction! (id:50344)
Lot 23-2 Lea Crane Boulevard
Souris, Prince Edward Island
Looking for a great location to operate your business? At the heart of the Town of Souris, you'll find these lovely lots ranging from 0.4 to 0.6 acres, within the industrial park that's only a short walk away from most amenities within Souris. Call now to receive all information regarding each individual lot and let's get you moving in the right direction! (id:50344)
Lot 23-3 Lea Crane Boulevard
Souris, Prince Edward Island
Looking for a great location to operate your business? At the heart of the Town of Souris, you'll find these lovely lots ranging from 0.4 to 0.6 acres, within the industrial park that's only a short walk away from most amenities within Souris. Call now to receive all information regarding each individual lot and let's get you moving in the right direction! (id:50344)
Lot 23-5 Lea Crane Boulevard
Souris, Prince Edward Island
Looking for a great location to operate your business? At the heart of the Town of Souris, you'll find these lovely lots ranging from 0.4 to 0.6 acres, within the industrial park that's only a short walk away from most amenities within Souris. Call now to receive all information regarding each individual lot and let's get you moving in the right direction! (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.