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Renanza Realty
For sale

8 Duncan Lane

Alberton, Prince Edward Island

MLS® 202606796

$990,000

Status
Active
Property type
House
MLS® number
202606796
Bedrooms
3
Bathrooms
2
Year built
2004

Listing description

Positioned just 5 minutes from Alberton, this expansive 80 acre property on the Kildare River presents a compelling opportunity for developers seeking scale, natural assets, and multiple value-creation paths. With approximately 930 feet of river frontage, the property offers a rare combination of waterfront access, usable acreage, and existing infrastructure. The site features a diverse mix of cleared areas, mature woodlot, and regenerating forest, providing flexibility for phased development or subdivision (subject to local approvals).

The natural topography and riverfront setting make it well-suited for a range of concepts, including a waterfront cottage community, a residential subdivision, a campground, or even a resort concept. The property currently consists of a 3 bedroom 2 bathroom bungalow with attached garage and workshop, in floor heat, and back up power from a 5000 Watt Honda Generator. There is also a separate 2 bedroom 1 bathroom waterfront cottage that provides a short term rental opportunity or great for guest accommodations.

The property also consists of 930 ft. of waterfrontage, 18 acres of established woodlot (24 years growth) and 15 acres of reforested land (5 years growth). There is a great opportunity here for a developer to create a tiered subdivision with multiple lots and a strong price differentiation that could appeal to many people looking to build waterfront estates, more modest homes or even have an area where they could park an RV or build a seasonal property.

Property summary

MLS® number
202606796
Property type
Single Family
Building type
House
Title
Freehold
Land size
80 acres
Built in
2004
Annual property taxes
$4,612.00
Parking
Attached Garage, Heated Garage
Days on market
141 days

Features & details

Heating
In Floor Heating, Oil, Electric, Wall Mounted Heat Pump
Cooling
Air exchanger
Basement
None
Flooring
Laminate, Ceramic Tile, Vinyl
Appliances
Satellite Dish, None
Exterior features
Vinyl
Lot features
Treed, Wooded area, Wheelchair access, Paved driveway, Level
Community features
School Bus, Recreational Facilities
Waterfront
Waterfront
Architectural style
Character

What would this home cost you?

Based on the $990,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$4,606 /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 ROYAL LEPAGE COUNTRY ESTATES 1985 LTD, SUMMERSIDE.

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.