Lot 119 Anne Ave, East Royalty, Prince Edward Island, C1C0V8, East Royalty, PE

$274,900
Est. Mortgage /mo

MLS® 202402168

$274,900
Est. Mortgage /mo
Agent photor
Dan Marusin
Renanza Realty
877-506-0434
Go See This Home Now
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[VIDEO TOUR available - click virtual tour/multimedia link to view] 6 UNIT DEVELOPMENT LOT - Discover an unparalleled investment opportunity nestled at the pinnacle of Montgomery Heights, a newer and rapidly developing subdivision in the vibrant East Royalty area of Charlottetown, Prince Edward Island. This expansive 0.51-acre development lot, situated at the top of the hill, offers both seasoned and aspiring investors a prime canvas for a six-unit development with panoramic views that command attention. Montgomery Heights, known for its strategic location, blends the tranquility of suburbia with the convenience of urban living. Just minutes away from downtown Charlottetown, this lot provides easy access to a plethora of amenities including schools, shopping centers, and entertainment options, making it an ideal setting for potential residents. The East Royalty area, celebrated for its community spirit and scenic landscapes, provides a backdrop that enhances the value of this investment. The lot's generous size and premier location within a subdivision marked by quality development and restrictive covenants ensure a protective environment for your investment. Whether you're looking to hold the property as a long-term asset or to develop it into a residential complex that meets the growing demand for housing in Charlottetown, this lot represents a strategic acquisition. With its combination of location, size, and development potential, this property promises not just a return on investment but a stake in the future of one of Charlottetown's most desirable neighbourhoods. All measurements are approximate and should be verified by the Buyer(s). (id:26763)

Location Details
Area Canada
State Prince Edward Island
City East Royalty
Postal Code C1C0V8
Property Metrics
Floor Area Total (Sq.ft) 0
Financial Details
List Price 274,900

Neighborhood Info

Private Schools
Elementary
Immanuel Christian School
Above Average
4.94 km
No Rating
Details
Elementary
Immanuel Christian School
Above Average
4.94 km
No Rating
Details
Closest Transit
Charlottetown
Norwood Road & Friar Drive
2 km

The closest Elementary independent school to this home for sale located at Lot 119 Anne Avenue, East Royalty, Prince Edward Island, C1C0V8 is Immanuel Christian School with School's rating No Rating, located 4.94 km from this home.

The closest to this address Lot 119 Anne Avenue, East Royalty, Prince Edward Island, C1C0V8 Secondary independent school is Immanuel Christian School with School's rating No Rating, located 4.94 km km from this home

The freshest crime data from Statistics Canada are from 2020. There were 2,825 volation disturbances in this neighbourhood. The overall crime rate near the address - Lot 119 Anne Avenue, East Royalty, Prince Edward Island, C1C0V8, East Royalty, PE is 6,745.30. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Above Average rate in 2020. Year by year change in the total crime rate is -21.40%

Drug crime rate next to the listing for sale MLS® 202402168 is Low comparing to other neighbourhoods. The illegal substances offences rating is 47.75. This is the amount of drug crime incidents per 100,000 population. There were 20 illegal substances lawbreaking disturbances in this city in 2020. Year by year change in the illegal substances offences ranking is -21.90%

Property crimes in the neighbourhood close to real estate listing for sale Lot 119 Anne Avenue, East Royalty, Prince Edward Island, C1C0V8 are Above Average. Property misconduct rating adjacent to MLS® 202402168 is 3,700.96. There were 1,550 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -23.20%

There were 553 violent lawbreaking disorders in 2020. 1,320.41 and it is Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is -17.20%

The closest Bus station is Norwood Road & Friar Drive in 2 km away from this listing with - MLS® 202402168.

27.5% of people with university certificate/degree live in this neighbourhood adjacent to the Lot 119 Anne Avenue, East Royalty, Prince Edward Island, C1C0V8 which is Above Average in comparison with other BC neighbourhoods. 15.2% of population in this neighbourhood that is near the Listing MLS® 202402168 have no certificate or degree. This number is Below Average compared to the average in BC.

Median Household Income near this dwelling with the address Lot 119 Anne Avenue, East Royalty, Prince Edward Island, C1C0V8, East Royalty, PE is $53736 which is Below Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® 202402168 is $30026 which is Below Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 59.1% which is Average.

Unemployment rate in the area around MLS® Listing # 202402168 is 10.5 which is Above Average in comparison to the other province neighbourhoods.

This real estate is located in Lot 119 Anne Avenue, East Royalty, Prince Edward Island, C1C0V8 where population change between 2011 and 2016 was 4.4%. This is Above Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address Lot 119 Anne Avenue, East Royalty, Prince Edward Island, C1C0V8, East Royalty, PE is 814.1 which is Average people per sq.km.

Average size of families in the area adjacent to home for sale Lot 119 Anne Avenue, East Royalty, Prince Edward Island, C1C0V8 is 2.7. This is Below Average number in comparison to the whole region. Percent of families with children near by the MLS® - MLS® 202402168 is 56.4% and it is Average. % of Married or living common law is around 50.6% and it is Below Average.

Average age of the population close to the Lot 119 Anne Avenue, East Royalty, Prince Edward Island, C1C0V8 is 42.7 . This percentage is Above Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around Lot 119 Anne Avenue, East Royalty, Prince Edward Island, C1C0V8, East Royalty, PE is $239450 and this is Below Average comparing to other areas in British Columbia

Average Owner payments are Below Average in the area adjacent to Lot 119 Anne Avenue, East Royalty, Prince Edward Island, C1C0V8. $1115 owners spent in average for the dwelling. Tenants are paying $863 in this district close to MLS® 202402168 and it is Below Average comparing to other cities.

51.8% of Population in this district near the Lot 119 Anne Avenue, East Royalty, Prince Edward Island, C1C0V8 are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing Lot 119 Anne Avenue, East Royalty, Prince Edward Island, C1C0V8, East Royalty, PE is 13%, it is Above Average, % of English speakers only is 85.3% and Below Average. % of French speakers adjacent to Lot 119 Anne Avenue, East Royalty, Prince Edward Island, C1C0V8 only is 0.1% and it is Low. % of Neither English nor French speakers close to home for sale Lot 119 Anne Avenue, East Royalty, Prince Edward Island, C1C0V8, East Royalty, PE is 1.7% and it is Above Average comparing to other BC cities.

3.1% of all population in the area around this property with the address Lot 119 Anne Avenue, East Royalty, Prince Edward Island, C1C0V8, East Royalty, PE using Public Transport which is Below Average, 82.3% of using population are using Cars around MLS® 202402168, which is Average. 1% of people using Bicycles around the Lot 119 Anne Avenue, East Royalty, Prince Edward Island, C1C0V8 and it is Average. 12.4% of population are walking which is High

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Property Taxes $202
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Listing Price Comparision

This house $1,400,000
Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Agent photor
Dan Marusin
Renanza Realty
877-506-0434
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