6948 Rustico, North Rustico

6948 Rustico, North Rustico, PE C0A1N0 Photo 1

50 Photos

6948 Rustico, North Rustico, PE C0A1N0 Photo 2
6948 Rustico, North Rustico, PE C0A1N0 Photo 3
6948 Rustico, North Rustico, PE C0A1N0 Photo 4
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6948 Rustico, North Rustico, PE C0A1N0 Photo 7
  • Bedrooms: 4
  • Bathrooms: 3
  • MLS®: 202319011
  • Type: Townhouse
  • Added: 240 days ago

Property Details

Excellent income opportunity - year round or seasonal rentals! This 6 unit, fully furnished property currently operating as a seasonal business consists of 1 - 4BR winterized house, 2 duplex units; each with a 1BR and a 2BR unit and a standalone 3BR chalet. Continue to operate seasonally, with PEI's lucrative tourism based short term rental market, or, decide to rent as long term rentals. The main house has a newly installed propane forced air furnace, new water heater with other recent updates including: roof, 200 amp panel and 5' deep, heated in-ground pool. The other units are also insulated and heated and would only require some skirting insulation and minor additions to be winter ready! Fantastic opportunity to live in the heart of PEI's North Shore Communitiy while earning an income at the same time! (id:1945)

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Property Information

  • View: View of water
  • Sewer: Septic System
  • Zoning: Multi-Family
  • Heating: Baseboard heaters, Radiant heat, Forced air, Oil, Electric, Propane, Hot Water, Furnace
  • Tax Year: 2023
  • Flooring: Laminate, Ceramic Tile, Linoleum
  • Appliances: Washer, Refrigerator, Oven, Dryer, Microwave
  • Photos Count: 50
  • Water Source: Drilled Well
  • Parcel Number: 641449
  • Structure Type: Apartment
  • Common Interest: Freehold
  • Parking Features: Parking Space(s), Parking Space(s)
  • Exterior Features: Wood siding
  • Foundation Details: Unknown, Poured Concrete
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Nearby Places

Name Type Address Distance
Fisherman's Wharf Lobster Suppers Restaurant 7230 Rustico Rd 1.2 km
North Rustico North Rustico became a town on November 16, 2013... 1.3 km
Blue Mussel Cafe Cafe 312 Harbourview Dr 2.0 km
North Rustico Harbour Light It is still active, and has a focal plane of 12.5 ... 2.0 km
Farmers Bank Museum Museum Rustico 3.6 km
Lot 23, Prince Edward Island Lot 23 was awarded to Allan and Lauchlin MacLeane ... 3.6 km
The Pearl Cafe Restaurant 7792 Cavendish Rd 4.2 km
New Glasgow, Prince Edward Island It is situated on the River Clyde.... 4.3 km
White Sands Cottages and Campground Resort Campground 226 Cape Rd 4.5 km
Cymbria Campground Rv park Rte 242 4.9 km
Prince Edward Island Preserve Company Store 2841 New Glasgow Rd 4.9 km
The Olde Glasgow Mill Restaurant Restaurant 5592 Route 13 4.9 km
6948 Rustico mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 6948 Rustico. The current price of the property is $799,000, 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 $639,200. This would result in a monthly mortgage payment of $3,736 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree 10
Bachelor's degree 40
University / Below bachelor level 10
Certificate of Qualification 10
College 100
University degree at bachelor level or above 45

Neighbourhood Marital Status Stat

Married 300
Widowed 25
Divorced 25
Separated 15
Never married 100
Living common law 30
Married or living common law 330
Not married and not living common law 165

Neighbourhood Construction Date

1961 to 1980 40
1981 to 1990 35
1991 to 2000 55
2001 to 2005 20
2006 to 2010 40
1960 or before 45
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18 Legion Street, North Rustico 18 Legion Street, Rustico 36 Hilltop, North Rustico 36 Hilltop Avenue, North Rustico 7176 Main Street Rte 6, North Rustico , North Rustico Lot 20 Blue Heron Crescent, North Rustico 4 Pond Street, Rustico