4827 Trans Canada Highway, Eldon

  • Living area: 2366 square feet
  • Type: Commercial
  • Added: 1 month ago
  • Updated: 1 month ago
  • Last Checked: 22 hours ago
  • Listed by: ROYAL LEPAGE PRINCE EDWARD REALTY

Listing description
This Commercial listing at 4827 Trans Canada Highway Eldon, PE with the MLS Number 202528404 listed by Yan Ming (Edward) Zhang - ROYAL LEPAGE PRINCE EDWARD REALTY on the Eldon market 1 month ago at $797,000.

Opportunities like this are truly rare. This Motel & Cottages business, in operation for over 40 years, features 19 rental units along with a beautifully designed five-bedroom home on more than three acres, offered at only $799K and ideally located just minutes from the Point Prim Lighthouse, 18 minutes from the Wood Islands Ferry, and 30 minutes from downtown Charlottetown. The main house includes an upper level with a kitchen, dining room, living room, three bedrooms, and a full bath, while the lower level - with its own kitchen, living room, full bath, and two bedrooms - can be rented out for additional income. The property includes 11 cottages and 8 motel units; nine cottages are two-bedroom units with full kitchens, and the remaining two are one-bedroom units with kitchens. Recent upgrades include roof work on the main house and several units (Units 1, 3, 4, 5, 6, 8, and 9) completed between 2022 and 2023; replacement of water heaters for the main house, Unit 5, and behind the motel between 2021 and 2024; updated washers, dryers, and refrigerators added from 2023 to 2025; a new AC for Unit F in 2024; and newer lawn-care equipment. This property allows you to operate a long-established hospitality business right in your own backyard while enjoying comfortable on-site living. Click the MULTIMEDIA link for a virtual tour video. All measurements are approximate and should be verified by the purchaser. (id:1945)
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Property Details Key information about 4827 Trans Canada Highway
  • Year Built: 1977
  • Construction Materials: Wood frame
Interior Features Discover the interior design and amenities
  • Flooring:
    • Other
    • Wood
  • Living Area: 2366
  • Above Grade Finished Area: 2366
  • Above Grade Finished Area Units: square feet
Exterior & Lot Features Learn about the exterior and lot specifics of 4827 Trans Canada Highway
  • Lot Features: Paved driveway
  • Water Source: None
  • Parking Features: Visitor Parking
  • Building Features: Air Conditioning
  • Lot Size Dimensions: .82 + 2.25
Location & Community Understand the neighborhood and community
  • Common Interest: Freehold
  • Community Features: High Traffic Area
Business & Leasing Information Check business and leasing options available at 4827 Trans Canada Highway
  • Business Type: Accommodation
Tax & Legal Information Get tax and legal details applicable to 4827 Trans Canada Highway
  • Tax Year: 2025
  • Parcel Number: 569756
  • Tax Annual Amount: 5725
  • Zoning Description: Other
Additional Features Explore extra features and benefits
  • List A O R: PEIA
  • List A O R Key: 81
  • Security Features: Smoke Detectors

Nearby Listings Stat Estimated price and comparable properties near 4827 Trans Canada Highway

Active listings
1
Min Price
$797,000
Max Price
$797,000
Avg Price
$797,000
Days on Market
37 days
Sold listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A days

Nearby Places Nearby schools and amenities around 4827 Trans Canada Highway

Pinette Park Provincial Park (0.3 km)
Trans-Canada Hwy, Lot 58

Lord Selkirk Provincial Park (4.3 km)
Belfast

Price History

November 21, 2025
by ROYAL LEPAGE PRINCE EDWARD REALTY
$797,000
4827 Trans Canada Highway
More Details?
Yan Ming (Edward) Zhang
  • Yan Ming (Edward) Zhang
  • ROYAL LEPAGE PRINCE EDWARD REALTY
  • 902-316-1667

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Comparison of 4827 Trans Canada Highway, Eldon, PE with Nearby Commercial Listings
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Charlottetown 290 $461,900
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Summerside 118 $548,695
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Richmond Hill 465 $1,755,815