6948 Rustico Road, North Rustico, PE, C0A 1N0

MLS® # 202319010

Conditionally Sold

Commercial In North Rustico, Prince Edward Island

$799,000

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6948 Rustico Road, North Rustico, PE, C0A 1N0

Status:

$799,000

Property Information:

6 unit water-view cottage business in North Rustico featuring a 4BR/2BA year round home, 2- 1BR units, 2- 2BR units and 1- 3BR units. Boasting excellent revenue, reviews and repeat business due to its proximity to PEI white sand beaches, championship golf courses, top-rated restaurants, Cavendish attractions and much more! This cottage operation in the heart of PEI's flourishing tourism sector is in an extreme high traffic area with high visibility and excellent road frontage. Finished with hardwood and tile, these PEI cottages earn 3.5 stars, while the spacious 4BR house has been awarded the coveted 4 Star Canada Select rating. Recent updates include, roof (house & 3BR units), furnace (2018, services 3 of the units), 200 amp panel (4BR) and 5' deep, heated in-ground pool (2017). Also, includes on site manager's quarters, office, staff area/laundry etc. All measurements should be verified by purchaser if deemed necessary, property being sold "As-is". Sale to include all on-site chattels and equipment as turn-key cottage rental operation.

Property Features:

Built in: Y
Conditional Clause: FIN
Driveway/Parking: Multi, Parking Spaces(s), Paved
Floor Space (approx): 0 Square Feet
Flooring: Wood
Fuel Type: Electric, Oil, Propane
Heating/Cooling Type: Fireplace, Forced Air, Hot Water, Radiator
Property Size: 1 to 2.99 Acres
Rental Equipment: Other
Roof: Asphalt Shingle
Sub-type: Marina/Resort, Motel/Hotel, Other, Recreational, Bed & Breakfast
Title to Land: Freehold
Water Access/View: View: Bay, View: Harbour
Water Source: Drilled Well

Courtesy of: NORTHERN LIGHTS 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

Location of 6948 Rustico Road, North Rustico, PE, C0A 1N0

Lifestyle
Neighbourhood

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, 6948 Rustico Road , experiences 7 hot days per year at around 27.5 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 30.6 degrees Celsius.

Projected Avg. Temperature

Past

27.5℃

2050

30.6℃

# Hot Days Per Year

Past

2050

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

69/100

Moderate-High

ClimateCheck®

Current data

This property, 6948 Rustico Road , experiences 11 significant 2-day storms per year, with about 354.4mm 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 454mm of precipitation per year.

Precipitation Per Storm

Past

354.4mm

2050

454mm

48-Hour Storms Per Year

Past

2050

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 6948 Rustico Road, North Rustico, PE, C0A 1N0

Life Stage

Midlife Families

Employment Type

Mixed

Average Household Income

$108,000.00

Average Number of Children

1.50

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

22.22 %

High school certificate or equivalent

35.19 %

Apprenticeship trade certificate/diploma

5.56 %

College/non-university certificate

20.37 %

University Degree

11.11 %

Commuter

Travel To Work

By Car

90.91 %

By Public Transit

0.0 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

9.09 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

Houses

93.34 %

Own Vs. Rent

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Status:

Property Information:

Property Features:

Market Price Trends

Location of 6948 Rustico Road, North Rustico, PE, C0A 1N0

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 6948 Rustico Road, North Rustico, PE, C0A 1N0

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

6948 Rustico Road, North Rustico, PE, C0A 1N0

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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