Primary photo of 68 Royalty Road, Charlottetown
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Vacant Land For Sale

$899,000

MLS® Number: 202600501

68 Royalty Road, Charlottetown, Prince Edward Island

About This Property

Discover an extraordinary investment opportunity in the heart of the thriving community of West Royalty! This stunning 1.91-acre parcel of land, recently rezoned from M1 to R3 (Medium Density Residential), presents an unparalleled chance for investors and developers alike. With a generous 7,832 square meters of prime real estate at your fingertips, the potential here is boundless. Imagine the possibilities as you contemplate building up to 68 residential units ?as of right,? eliminating the need for any variance and streamlining your development process. This property has been expertly cleared and is shovel-ready, ensuring that you can hit the ground running with your vision. Whether you're looking to create a vibrant community of modern apartment buildings or a cozy neighbourhood for families, this pristine canvas awaits your unique touch. Located in one of the most desirable areas of Charlottetown, this lot is not only a smart investment but also a chance to contribute to the growth and enhancement of a flourishing community. What truly sets this opportunity apart is its rarity; Don?t let this golden opportunity pass you by! Seize the moment to unlock your potential as a developer in Charlottetown. Act now and set the stage for your future endeavours in this vibrant and welcoming neighbourhood! Your next successful project starts here?are you ready to make your mark?.

Property Details

Building & Exterior

Parking Features

None

Land & Location

City Region

Charlottetown

Lot Size Dimensions

1.91 acres

Parcel Number

145714

Postal Code

C1E1Z2

Listing & Financials

Listing Office

HOMELIFE P.E.I. REALTY INC.

Originating System Name

Prince Edward Island Real Estate Association

Other Specifications

Co List Agent National Association Id2

1491729

Co List Office National Association Id2

1115558

Common Interest

Freehold

Country

Canada

Mortgage Calculator

20% ($179,800)
5.5%
25 Years

Estimated Monthly Payment

$4,417

Principal and interest only. Actual rates may vary.

Location & Map

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