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Lot 2020-3 Sydney Way, Mermaid, PE, C1B 3G1

MLS® # 202425894
Vacant Land For Sale In Mermaid, Prince Edward Island
$169,000
Lot 2020-3 Sydney Way, Mermaid, PE
Lot 2020-3 Sydney Way, Mermaid, PE
Lot 2020-3 Sydney Way, Mermaid, PE
Lot 2020-3 Sydney Way, Mermaid, PE
Lot 2020-3 Sydney Way, Mermaid, PE
Lot 2020-3 Sydney Way, Mermaid, PE
Lot 2020-3 Sydney Way, Mermaid, PE
Lot 2020-3 Sydney Way, Mermaid, PE
Lot 2020-3 Sydney Way, Mermaid, PE
Lot 2020-3 Sydney Way, Mermaid, PE
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Lot 2020-3 Sydney Way, Mermaid, PE, C1B 3G1
$169,000

Property Information:

Situated in the community of Mermaid, this expansive 0.92-acre lot presents an exceptional opportunity for investors or homeowners seeking to build in a prime location. Zoned as an R2 duplex lot, it offers versatile potential for duplex construction or a single-family dwelling. Boasting essential infrastructure including a culvert, pad with shale foundation, and a roughed-in driveway, the groundwork for construction is already laid. Additionally, the property includes 11 already planted trees standing at 15 feet high, enhancing the natural landscape and providing both beauty and privacy. This lot presents a great chance to create a residential or investment property in one of PEI's most sought-after areas. All measurements are approximate and should be verified by the Buyer(s).

Property Features:

  • Driveway/Parking: None
  • Land Features: Year Round Road
  • Property Size: 0.5 to 0.99 Acres
  • Sewage Disposal: None
  • Title to Land: Freehold
  • Utilities: None, To Be Verified, Unknown
  • Water Source: None

Courtesy of: GOLD KEY REALTY LTD.

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

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of Lot 2020-3 Sydney Way, Mermaid, PE, C1B 3G1

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

31 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate-Low

31 hot days expected in 2050

33/100

Moderate-Low

ClimateCheck®

Current data

This property, Lot 2020-3 Sydney Way , experiences 7 hot days per year at around 27.7 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 30.8 degrees Celsius.

Projected Avg. Temperature

Past
27.7℃
2050
30.8℃

# Hot Days Per Year

Past
7
2050
31

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

71/100

Moderate-High

ClimateCheck®

Current data

This property, Lot 2020-3 Sydney Way , experiences 11 significant 2-day storms per year, with about 362.3mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 460.4mm of precipitation per year.

Precipitation Per Storm

Past
362.3mm
2050
460.4mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of Lot 2020-3 Sydney Way, Mermaid, PE, C1B 3G1

Life Stage

Older Parents, Younger Kids

Employment Type

Mixed

Average Household Income

$100,000.00

Average Number of Children

1.80

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.51 %

High school certificate or equivalent

25.86 %

Apprenticeship trade certificate/diploma

15.51 %

College/non-university certificate

31.04 %

University Degree

12.07 %

Commuter

Travel To Work

By Car

90.0 %

By Public Transit

0.0 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

10.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

3.45 %

Houses

96.55 %

Own Vs. Rent

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