$1,750,000

Vacant Land For Sale In Clyde River, Prince Edward Island

$1,750,000

Property Information:

This 53-acre property, located on the border of Cornwall and Clyde River, offers a unique opportunity for both agricultural use or possible future development. The land is fully cleared with driveway access directly from the Trans Canada Highway, providing excellent convenience and exposure. An added benefit is the Eastlink tower easement on the property, which generates approximately $5,000 per year in income, making it a revenue-generating asset. Currently, the property has been actively farmed, with crops such as corn harvested in 2024, soybeans in 2023, and potatoes in 2022. The land has proven to be productive, and there is an older round-roof barn on the property, though it will need some TLC. Strategically located less than a minute’s drive from the center of Cornwall and the Cornwall Road, the property offers easy access to local amenities, services, and major transportation routes. It is also only 31 minutes from the Confederation Bridge and 10 minutes from Charlottetown, making it a prime location for anyone seeking proximity to key areas of the island. Given the rapid growth and development of the Cornwall area, this property presents a potential opportunity for residential, commercial, or mixed-use development, subject to proper approvals. Whether you are looking for a profitable agricultural investment or potentially a prime site for future development (with approved change of use and permits) this property offers substantial potential in a high-demand area. Don’t miss out—reach out today to book a viewing and explore the opportunities this land offers!

Property Features:

  • Annual Tax Amount: $1,024
  • Driveway/Parking: Dirt
  • Land Features: Cleared
  • Lot Size: +/- 53.7 acres
  • Property Size: 50 to 100 Acres
  • Sewage Disposal: None
  • Title to Land: Freehold
  • Utilities: Unknown
  • Water Source: None

Courtesy of: EAST COAST REALTY

Data provided by: Nova Scotia Association of REALTORS® 68 Highfield Park Drive, Suite 112, Dartmouth, Nova Scotia B3A 0E4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved