5607 Rte 13, New Glasgow, Prince Edward Island, C0A1N0
4 beds3 bathsListed 245 days ago
Overview
This 4-bedroom, 3-bathroom home in New Glasgow is for sale. Its $895,000 asking price sits right in line with the $895,000 median in New Glasgow. It has been on the market 245 days, fresher than the New Glasgow average of 269 days.
Discover the magic of New Glasgow, PEI, with this extraordinary property that offers both a profitable toy store and a charming, completely renovated historic residence. In addition to the toy shop, toymaking factory, and stock room, you?ll find a waterview four-bedroom, three-bathroom home attached, perfect if you?re seeking a unique work-from-home lifestyle or a profitable new business venture. Gorgeous views of the River Clyde greet you through the windows and from the covered veranda. The Toy Factory has been carefully designed so that anyone can run it. With mentorship and in-house training available from the current owners, this turn-key business is simple to step into, whether you?re a seasoned entrepreneur or completely new to retail & production. The store is fully stocked with best-selling inventory, and exclusive supplier relationships are in place, ensuring a seamless transition. Beyond its enchanting facade, this property boasts practical features with a heat pump installed in 2022, a new electric hot water heater added in 2024, and updated electrical systems with separate meters for the residence and business. A new $50,000 septic system was installed in 2021, and the durable metal roof was added in 2009. Recent exterior improvements include a repaved parking lot, new concrete curbing, and fresh paint. Inside, the retail store was completely refreshed in 2013, the workshop was redesigned specifically for wooden toymaking in 2017, and in the last 3 years, the residence has been fully updated with a new kitchen, new paint, windows, flooring & crown moulding, and updated bathrooms. A rare find, combining the charm of a beautifully restored home with the benefits of modern upgrades. A unique opportunity to continue the tradition of The Toy Factory or to add your own spin on a successful business. A 0.3-acre riverfront lot can be negotiated - providing river access and potential for small-scale commercial use such as kayak or paddle re (id:66096)
Property Details
MLS®
202603789
Property Type
Single Family
Bedrooms
4
Beds (above / below)
4 above · 0 below
Bathrooms
3
Half Baths
0
Year Built
1849
Storeys
2
Heating
Forced air, Not known, Oil, Electric, Radiator, Hot Water, Furnace
Garage
Parking Space(s)
Ownership
Freehold
Listed
245 days ago
Rooms
Main level
Kitchen
16.10 x 13.10
Den
12 x 15
Living room
12 x 16
Second level
Primary Bedroom
11.11 x 14.10
Bedroom
Bedroom/Office 12 x 10.10
Bedroom
12.05 x 12.10
Bedroom
10.05 x 12.10
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features
Appliances
Washer, Refrigerator, Hot Tub, Range - Electric, Dishwasher, Dryer, Freezer - Stand Up
Flooring
Hardwood, Laminate, Vinyl
Foundation
Stone
Exterior
Wood shingles
Lot Features
Treed, Wooded area, Paved driveway
Services
Water
Drilled Well
Sewer
Septic System
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
245d
New Glasgow listings, avg age
269d
List price
$895K
Long Listed: 245 days on market, against an average age of 269 days across the listings currently for sale in this city
Market timing · days on market0 → 269d avg age of current listings
Long Listed · day 245
Haho
This 4-bed single family in New Glasgow has been listed for 245 days, which is 24 days fresher than the city average of 269. Act while there is still low competition.
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