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Renanza Realty
For sale

108 Acres Gladstone Road

Murray River, Prince Edward Island

MLS® 202626787

$259,000

Status
Active
Property type
Vacant land
MLS® number
202626787
Bedrooms
—
Bathrooms
—
Year built
—

Listing description

An exceptional opportunity to acquire approximately 108 acres of diverse land in Eastern PEI, offering a combination of productive agricultural acreage, mature woodland, natural features and established annual income. The property encompasses three distinct sections extending from Gladstone Road to Cape Bear Road and south toward a natural stream. Agricultural Land: Approximately 37 acres currently in crop production.

Approx 25 between Gladstone and cape bear, and another 12+/- on the South side of Cape Bear Rd. Extensive mixed woodland featuring pine, spruce, rock maple and juniper, and a natural stream running through the southern portion. Investment Income: An existing telecommunications long term lease generating approximately $4,400 annually with scheduled escalations in place, alongside approximately $3,000 in annual crop rental income.

With multiple road frontages and three distinct sections, this property offers an opportunity to acquire a substantial land holding and explore future ownership or disposition strategies for individual portions, subject to applicable approvals and regulations. Whether you're an agricultural operator looking to expand, an investor seeking income-producing land, or someone interested in acquiring a substantial recreational and woodland property, this offering presents a compelling opportunity. ** All acreage measurements and boundary representations in photos are approximate.

Property summary

MLS® number
202626787
Property type
Vacant Land
Title
Freehold
Land size
108 acres
Annual property taxes
$448.00
Days on market
9 days

Features & details

Lot features
Treed, Rolling, Partially cleared, Hardwood bush, Softwood bush

What would this home cost you?

Based on the $259,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$1,205 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of EXP REALTY OF CANADA INC., Charlottetown.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.