PE
Eldon
C0A1A0
4827 Trans Canada Highway
4827 Trans Canada Highway, Eldon, PE C0A1A0
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Listing Type
Single Family
Listing Status
Active
31
$797,000

Home Details for 4827 Trans Canada Highway

Price
$797,000
Type
Residential
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1977
Parking
Days on site
2
Listing #
202528404
Property Description

Opportunities like this are truly rare. This Motel & Cottages business, in operation for over 40 years, features 19 rental units along with a beautifully designed five-bedroom home on more than three acres, offered at only $799K and ideally located just minutes from the Point Prim Lighthouse, 18 minutes from the Wood Islands Ferry, and 30 minutes from downtown Charlottetown. The main house includes an upper level with a kitchen, dining room, living room, three bedrooms, and a full bath, while the lower level - with its own kitchen, living room, full bath, and two bedrooms - can be rented out for additional income. The property includes 11 cottages and 8 motel units; nine cottages are two-bedroom units with full kitchens, and the remaining two are one-bedroom units with kitchens. Recent upgrades include roof work on the main house and several units (Units 1, 3, 4, 5, 6, 8, and 9) completed between 2022 and 2023; replacement of water heaters for the main house, Unit 5, and behind the motel between 2021 and 2024; updated washers, dryers, and refrigerators added from 2023 to 2025; a new AC for Unit F in 2024; and newer lawn-care equipment. This property allows you to operate a long-established hospitality business right in your own backyard while enjoying comfortable on-site living. Click the MULTIMEDIA link for a virtual tour video. All measurements are approximate and should be verified by the purchaser. (id:31684)

Property Features
    Listing Courtesy: ROYAL LEPAGE PRINCE EDWARD REALTY
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    EXIT REALTY PEI
    41 MacLeod Crescent, Charlottetown, PE C1E 3K2
    Pamela Foy
    License #: 36442
    Sales Representative
    Office
    902 892 7653
    Agent
    902 315 1035
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    Code: