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$797,000
Prince Edward Island,Eldon
For Sale Active
4827 Trans Canada Highway, Eldon, Prince Edward Island C0A1A0
  • 2,366 Sqft
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Basic Details
Description

Opportunities like this are truly rare. This Motel & Cottages business, in operation for over 40 years, features 19 rental units along with a beautifully designed five-bedroom home on more than three acres, offered at only $799K and ideally located just minutes from the Point Prim Lighthouse, 18 minutes from the Wood Islands Ferry, and 30 minutes from downtown Charlottetown.

The main house includes an upper level with a kitchen, dining room, living room, three bedrooms, and a full bath, while the lower level – with its own kitchen, living room, full bath, and two bedrooms – can be rented out for additional income. The property includes 11 cottages and 8 motel units; nine cottages are two-bedroom units with full kitchens, and the remaining two are one-bedroom units with kitchens. Recent upgrades include roof work on the main house and several units (Units 1, 3, 4, 5, 6, 8, and 9) completed between 2022 and 2023; replacement of water heaters for the main house, Unit 5, and behind the motel between 2021 and 2024; updated washers, dryers, and refrigerators added from 2023 to 2025; a new AC for Unit F in 2024; and newer lawn-care equipment. This property allows you to operate a long-established hospitality business right in your own backyard while enjoying comfortable on-site living. Click the MULTIMEDIA link for a virtual tour video. All measurements are approximate and should be verified by the purchaser. (id:62650)

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Basic Details
  • Property Type: Other
  • Listing Type: For Sale
  • Listing ID: 202528404
  • Price: $797,000
  • Square Footage: 2,366 Sqft
  • Year Built: 1977
  • Status: Active
  • Property Sub Type: Other
  • Office Key: 49917
Features & Appliances
Features
  • Parking: Visitor Parking
  • Flooring: Wood, Other
Address Map
  • Location: CA, Prince Edward Island, Eldon, C0A1A0
  • Street: Trans Canada
  • Street Number: 4827
  • Street Suffix: Highway
  • Longitude: W63° 6' 7.6''
  • Latitude: N46° 5' 34''
Additional Information
  • Water Source:
  • Business Type: Accommodation
  • Community Features:
  • Construction Materials:
  • Lot Features:
  • Lot Size Dimensions: .82 + 2.25
Financial
  • Tax Annual Amount: 5725
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Listing updated: 2026-03-27 04:05:25
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Listing Information
  • List Agent Key: 2031374
  • List Office Key: 49917
  • Modification Timestamp: 2025-11-21T19:52:08Z
  • Originating System Name: Prince Edward Island Real Estate Association
  • Status Change Timestamp: 2025-11-21T19:36:33Z
Powered by REALTOR.ca
Listing updated: 2026-03-27 04:05:25
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