2041 Route 960
House for sale in Upper Cape — $285,000
Key facts
- Type: House
- Price: $285,000
- Bathrooms: 1
- Living area: 901 sq ft
- Lot: 3,977,259 sq ft
- City: Upper Cape
- MLS® number: NB142105
- Agent: Century 21
- Brokerage: Century 21 Canada
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…