Lot 49 Heatherway Drive, Cornwall
An exceptional investment opportunity awaits developers in the highly sought-after Scottsview Meadows subdivision in Cornwall! This prime 1.96-acre property offers final approval for the development of 56 residential units, presenting an exciting opportunity to bring a multi-unit housing project to one of PEI's fastest-growing communities. Ideally located just 10 minutes from Charlottetown, Cornwall offers the perfect combination of small-town charm and urban convenience. Residents will enjoy easy access to shopping, dining, healthcare, recreational facilities, and local schools within walking distance. With continued residential growth and strong demand for housing in Cornwall and surrounding areas, this development offers tremendous potential for builders and investors looking to expand their portfolios. With approvals already secured, this is a rare opportunity to move forward with a substantial residential development in a desirable and growing community. Don't miss your chance to invest in the future of Scottsview Meadows! Listing agent is part owner of the development. (id:1945)
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Property details for Lot 49 Heatherway Drive, Cornwall
- Type
- Lots and Land
- Lot Size
- 1.96
- Parking
- None
- Ownership
- Freehold
Nearby Listings Stat
Estimated price and comparable properties near Lot 49 Heatherway Drive
Active Listings
92
Min Price
$99,000
Max Price
$3,000,000
Avg Price
$354,301
Days on Market
72
days
Sold Listings
15
Min Sold Price
$99,000
Max Sold Price
$825,000
Avg Sold Price
$365,153
Days until Sold
91
days
Neighbourhood Census Data
Cornwall, Prince Edward Island / Île-du-Prince-Édouard
Population
496
Median Age
43
Median Income
$33,664
Dwelling Value
$165,343
Housing Tenure
Owners 56%
Renters 44%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.4
Pop. Density: 53.3/km²
Avg Shelter Cost: $1,052/mo
Owners with Mortgage: 75%
Owners Spending 30%+: 16%
Tenants Spending 30%+: 31.6%
English only: 91.9%
English and French: 9.1%
Median Household Income: $61,312
Median Employment Income: $31,168
Price History
Listed
October 22, 2026
by ISLAND HOMES PEI REAL ESTATE
Current Price
$1,140,000
Type
Lots and Land
For Sale