



$3,495,000
Prince Edward County
1866-1874 County Rd 12 Road, Prince Edward County (Hallowell Ward), Ontario, K0K2T0
This lot in Prince Edward County is for sale.
Exceptional Investment Opportunity on West Lake Prince Edward County This is one of the most exciting development opportunities in Prince Edward County. Set on 10.5 acres with 550 feet of prime waterfront on West Lake and 905 feet of frontage on County Road 12, this property has been rezoned to allow for the creation of a 20-unit cottage resort, each unit approximately 1,100 sq. ft. in size. The approved vision also includes a bike retail shop and a restaurant caf, perfectly positioned to capitalize on the steady flow of visitors to nearby Sandbanks Provincial Park. The current owners have invested significant time and resources into planning a thoughtful and profitable resort concept that blends natural beauty with modern amenities. Whether you're an investor looking to develop a tourism destination or an operator with a vision for a hospitality venture, this property offers unmatched potential. There is also the option for a 50% joint venture partnership, giving the right operator the opportunity to co-own and run the future operation. Seller is also offering property at 1856 County Rd 12 at $475,000. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 541 days on market, against an average age of 100 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 67 days on the market over the past year, against a median of 48 days across the markets we publish.
This vacant land in Prince Edward County (Hallowell Ward) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $3,495,000, about 42.1× the local median household income of $83,000.
Carrying it typically needs a household income of about $682,696 (20% down, 25-yr amortization, stress-tested) — roughly 723% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0K)
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