$998,000
For sale: Multiplex

Visitors are flocking to the beautiful Prince Edward County looking for the perfect place to unwind, relax, and enjoy everything the area has to offer. Welcome them to your own hospitality venture featuring 9 charming cottages set along the stunning waterfront of Lake Consecon. Each cottage is equipped with running water and a private washroom. The main cottage offers 3 bedrooms, while seven cottages feature 2 bedrooms each, and one cottage includes 1 bedroom. Guests can take in the scenic views and spectacular County sunsets from their own private front deck. Every cottage also enjoys direct water access, with room for boats to pull in. Some furnishings are included with the cottages. The property also offers ample parking for guests and visitors, along with a spacious garage featuring one large bay, one single bay, and extra side storage for equipment. Fiberglass boats are included and can be rented to guests for additional income potential. Three docks are also part of the property, providing convenient boat access and storage. If you've been considering entering the cottage rental business, this water front opportunity is not to be missed. Excellent opportunity to subdivide into multiple lots for the development of luxury waterfront homes. Buyer to verify and obtain all zoning and subdivision approvals. Buyer to conduct all due diligence.
Sold data
Homes in Prince Edward County (Hillier Ward) took a median of 44 days to sell over the last 90 days, with the quickest quarter selling within 23 days and the slowest quarter taking more than 83, across 151 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 77 days.
The median sale price was $615,000.
Homes sold for about 3.3% below asking on average, so there was room to negotiate.
About 9% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
Based on 151 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Currently for sale

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