Address
2041 Route 960, Upper Cape, NB
Price
$ 285,000
Property Attributes
  • ID#NB142105
  • TypeSingle Family
  • Listing Status Active
  • MunicipalityUpper Cape
  • CityUpper Cape
  • AreaUpper Cape
  • Postal CodeE4L 1X7
  • StyleBungalow
  • Price$ 285,000
  • Bedrooms0
  • Bathrooms1
  • Half Bathrooms0
  • Sqr Footage901
  • Lot Size91 Acres
Data Source:
Canadian Real Estate Association (CREA)
Property Description

Unfinished Custom Home on 91 acres & Lucrative Income Potential! Perfect for a visionary buyer to complete a dream home and invest in a property that offers lifestyle and income potential. Nestled in a private, serene setting just minutes from the Confederation Bridge to PEI, this unique unfinished new construction sits on approximately 91 acres and includes beach access across the road. -To be Sold As Is- No building permits- The home offers a spacious layout, a large open-concept living area with vaulted ceilings, a double attached garage, and numerous rooms awaiting your personal touch. The basement is roughed-in and ready to be transformed, providing even more living space. Through an existing agreement related to renewable energy infrastructure TransAlta: Turbine compensation could generate approximately $24,800/year per turbine (based on 6.2 MW generation). Currently provides an estimated annual revenue of $1,365, bringing your total to $26,165/year in supplementary income. Additional compensation includes $30/acre/year for other infrastructure and $2,730/year if a laneway is established. Compensation increases by 10% every 5 years for the duration of the agreement. Documents can be provided. This property is being built by the owner who has been building it over time and is ideal for a handy buyer, investor, or someone seeking privacy, and the rare opportunity to build equity through sweat and vision while benefiting from consistent passive income. Don't miss your chance to create something truly special in a beautiful setting with built-in long-term value. (id:7434)

General Features

Features Treed, Balcony/Deck/Patio
Property Type Single Family
Building Architectural Style Bungalow
Location Description Take Rte 16 to Rte 960 in Upper Cape see sign to #2041
Foundation Type Concrete
Building Type House
Ownership Type Freehold
Building.StoriesTotal 1

Interior Features

Building Fireplace Present False
Building Heating Type Stove
Building Heating Fuel Wood
Basement Development Unfinished
Basement Type Full (Unfinished)
Construction Style Attachment Detached
Flooring Type Other
Living Area Range 901

Exterior Features

Sewer Septic System
Exterior Finish Wood

Room Details

Room Dimensions Level Flooring Details
Living room 23' x 19'1'' Main level
Other 9'8'' x 10'4'' Main level

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in E4L 1X7

Price
AVG $290K
$290K

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