1488 Colville Road, Ocean View

Foyer - 1488 Colville Road, Ocean View, PE C0A1A0 Photo 1

36 Photos

Living room - 1488 Colville Road, Ocean View, PE C0A1A0 Photo 2
Kitchen - 1488 Colville Road, Ocean View, PE C0A1A0 Photo 3
Bedroom - 1488 Colville Road, Ocean View, PE C0A1A0 Photo 4
Bath (# pieces 1-6) - 1488 Colville Road, Ocean View, PE C0A1A0 Photo 5
Laundry room - 1488 Colville Road, Ocean View, PE C0A1A0 Photo 6
1488 Colville Road, Ocean View, PE C0A1A0 Photo 7
  • Bedrooms: 1
  • Bathrooms: 1
  • MLS®: 202319907
  • Type: Residential
  • Added: 222 days ago

Property Details

Amazing income property potential with cabins galore! Welcome to your rural PEI getaway. 1488 Colville Road is a unique property with lots of possibilities for the outdoorsman and the entrepreneur. Located on 75 acres of stunning forests on a quiet rural road, you will find a one-of-a-kind rural compound. This idyllic property consists of a 1 bed/1 bath home, five cabins of various sizes, a greenhouse, a workshop and storage structures. Live in the house and rent out the cabins, or create your own cottage business. This setup is perfect for someone looking to own a ready-made rental business. The current set up can sleep 15 people between all the cabins, with the possibility of hosting more. This property was a labour of love and is looking for someone with vision to take it over. Attention hikers, equestrians and snowmobile enthusiasts: the property features multiple trails cut into the beautiful forests and a peaceful stream creating a natural getaway in your own backyard, perfect for eco-tourism. Included in this listing is a tractor with a bucket, snow blower, post hole digger and a bush hog. A new wood splitter, two lawnmowers and two generators are also included to get you started with your new life in the country. Located in the community of Ocean View near Belfast, 20 minutes to Montague and 35 minutes to Charlottetown. Inquire for a detailed inventory of all buildings. All measurements are approximate and should be verified by purchaser. (id:1945)

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Property Information

  • Sewer: Septic System
  • Heating: Stove, Wood
  • Tax Year: 2023
  • Basement: None
  • Flooring: Vinyl, Wood
  • Appliances: Washer, Refrigerator, Oven - Propane, Dryer, Freezer - Stand Up
  • Lot Features: Treed, Wooded area, Partially cleared, Conservation/green belt
  • Photos Count: 36
  • Water Source: Drilled Well
  • Parcel Number: 603035
  • Bedrooms Total: 1
  • Structure Type: House
  • Common Interest: Freehold
  • Fireplaces Total: 1
  • Exterior Features: Wood siding
  • Community Features: School Bus, Recreational Facilities
  • Fireplace Features: Woodstove
  • Foundation Details: Concrete Slab
  • Lot Size Dimensions: 75
  • Architectural Style: Cottage, Camp
  • Above Grade Finished Area: 563
  • Above Grade Finished Area Units: square feet
Room Dimensions
Type Level Dimensions
Foyer Main level 7x9
Living room Main level 10x10
Kitchen Main level 15.5x11.5
Bedroom Main level 8x16
Bath (# pieces 1-6) Main level 6x7.5
Laundry room Main level 7x7
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members of The Canadian Real Estate Association

Nearby Places

Name Type Address Distance
Pinette Park Provincial Park Park Trans-Canada Hwy 6.5 km
Lord Selkirk Provincial Park Park Belfast 7.1 km
Orwell Corner Historic Village Lodging 98 Macphail Park Rd 10.0 km
Valleyfield, Prince Edward Island Valleyfield is a municipality with community statu... 10.1 km
The MacPhail Homestead Cafe 271 Macphail Park Road 10.6 km
MacPhail Woods Forestry Project Park McPhail Park Rd 10.7 km
Island Taylored Meats Inc. Food 978 Queens Rd 12.8 km
Vernon River Consolidated School School 5505 Murray Harbour Rd 13.0 km
Northumberland Provincial Park Park Belle River 14.0 km
Steerman's Quality Meats Food 131 Drake Rd 14.2 km
Northumberland Provincial Park Northumberland Provincial Park is a provincial par... 14.3 km
Wood Islands Provincial Parks Park Belle River 14.3 km
Similar Houses Stat in Ocean View
We have found 5 Houses that closely match the specifications of the property located at 1488 Colville Road with distances ranging from 2 to 9 kilometers away. The prices for these similar properties vary between 289,900 and 399,999, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the C0A1A0 postal code area of Ocean View Prince Edward Island Canada.
1488 Colville Road mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 1488 Colville Road. The current price of the property is $389,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $311,200. This would result in a monthly mortgage payment of $1,819 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Bachelor's degree 20
University / Below bachelor level 20
Certificate of Qualification 15
College 75
University degree at bachelor level or above 35

Neighbourhood Marital Status Stat

Married 210
Widowed 25
Divorced 15
Separated 10
Never married 75
Living common law 30
Married or living common law 245
Not married and not living common law 130

Neighbourhood Construction Date

1961 to 1980 40
1981 to 1990 40
1991 to 2000 10
2001 to 2005 10
2006 to 2010 10
1960 or before 70
Comparison of 1488 Colville Road, Ocean View, PE with Nearby Houses
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Dartmouth Real Estate 60 $680.118
Moncton Real Estate 303 $509.504
Shediac Real Estate 87 $569.379
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