
House For Sale
$459,900
MLS® Number: NB122083
Bedrooms
0
Bathrooms
1
Floor Area
901
Land Size
36.95
House For Sale
$459,900
Bedrooms
0
Bathrooms
1
Floor Area
901
Land Size
36.95
2041 Route 960, Upper Cape, New Brunswick
About This Property
Unfinished Custom Home on 91 acres & Lucrative Income Potential! Perfect for a visionary buyer to complete a dream home and invest in a property that offers lifestyle and income potential. Nestled in a private, serene setting just minutes from the Confederation Bridge to PEI, this unique unfinished new construction sits on approximately 91 acres and includes beach access across the road. The home offers a spacious layout, a large open-concept living area with vaulted ceilings, a double attached garage, and numerous rooms awaiting your personal touch. The basement is roughed-in and ready to be transformed, providing even more living space. Through an existing agreement related to renewable energy infrastructure TransAlta: Turbine compensation could generate approximately $24,800/year per turbine (based on 6.2 MW generation). Currently provides an estimated annual revenue of $1,365, bringing your total to $26,165/year in supplementary income. Additional compensation includes $30/acre/year for other infrastructure and $2,730/year if a laneway is established. Compensation increases by 10% every 5 years for the duration of the agreement. Documents can be provided. This property is ideal for a handy buyer, investor, or someone seeking privacy, and the rare opportunity to build equity through sweat and visionall while benefiting from consistent passive income. Don't miss your chance to create something truly special in a beautiful coastal setting with built-in long-term value.
Property Details
Interior Details
Basement
Unfinished, Full
Bathrooms Partial
0
Bathrooms Total
1
Bedrooms Total
0
Heating
Stove, Wood
Living Area
901 sqft
Building & Exterior
Architectural Style
Bungalow
Exterior Features
Wood
Foundation Details
Concrete
Parking Features
Attached Garage
Land & Location
Lot Features
Treed, Balcony/Deck/Patio
Lot Size Area
36.95 hectares
Lot Size Dimensions
36.95
Parcel Number
70142427
Listing & Financials
Listing Office
Royal LePage Atlantic
Originating System Name
New Brunswick REALTORS®
Other Specifications
Common Interest
Freehold
Country
Canada
Listed By
Royal LePage Atlantic
Mortgage Calculator
Estimated Monthly Payment
$2,259
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$2,259
Principal and interest only. Actual rates may vary.