Welcome to Karlas Country Garden Villa, a well-constructed seven-unit seniors housing complex situated on approximately 12.73 acres, with the river forming the southern boundary of the property. The building features durable ICF exterior walls, R-40 insulation, metal roofing, and fire-rated, sound-resistant separation walls between units. Each spacious two-bedroom unit offers a high-quality kitchen with an island, an over-the-range microwave, and modern appliances. Residents also benefit from two designated parking spaces and a heated storage locker for each unit. The property is serviced by an on-site well and sewer system. Existing infrastructure was designed with future development in mind, including an ICF-constructed octagonal basement capable of accommodating additional water and sewer connections. A large portion of the propertys more than 12 acres remains undeveloped, offering substantial potential for future development, subject to zoning, environmental requirements, servicing capacity, and approval by the appropriate authorities. Plans have been prepared for an additional 23-25 residential units and are currently under review. Proposed future amenities include walking trails, landscaped gardens, and a pagoda above the octagonal structure. With its attractive riverside setting, quality construction, established rental units, extensive undeveloped land, and future expansion potential, Karlas Country Garden Villa represents a unique investment and development opportunity. (id:4069)
Address
40 MEADOWPARK HAVEN Crescent
List Price
$2,100,000
Property Type
Multi-family
Type of Dwelling
Apartment
Transaction Type
Sale
Area
Prince Edward Island
Sub-Area
Hunter River
Lot Size
12.73 Sq. Ft.
Year Built
2015
MLS® Number
202625750
Listing Brokerage
EXIT Realty PEI
Basement Area
None
Postal Code
C0A1N0
Ownership
Freehold
Site Influences
Golf Course, Park, View
Community Features
School Bus
Appliances
Range - Electric, Dishwasher, Dryer, Washer, Microwave Range Hood Combo, Refrigerator
Amenities
Air Conditioning, Cable TV, Laundry Facility
Heat Source
Electric, Propane
Heat Type
Wall Mounted Heat Pump, In Floor Heating
Cooling Features
Air Conditioned, Air exchanger
Foundation Details
Concrete Slab
Other Structures
Patio(s)
Water Source
Drilled Well
Sewer
Unknown
