44 Riverside Drive North Rustico, Prince Edward Island C0A 1N0

$315,000

Welcome to 44 Riverside Drive, a rare waterfront opportunity in the heart of North Rustico. Tucked away at the end of a quiet dead end street beside the iconic North Rustico wharf, this property offers one of the only truly waterfront settings in the community, featuring approximately 300 feet of water frontage. Situated on a 0.25 acre lot, the property features 768 square foot on the main level and the basement is partially finished. The existing home features 2 bedrooms and 1 bathroom and it could be updated and transformed into a charming year round residence or investment property. The home has seen some updates over the years, including the roof, windows, a new heat pump and the basement has been spray foamed. For buyers looking toward future potential, the property also presents an exceptional development opportunity. With R2 zoning in place, permitted for Two Family Residential use, there may be potential to develop a duplex or explore other possibilities, subject to municipal approval. Properties with this kind of waterfront exposure and redevelopment potential in North Rustico are incredibly difficult to find. Whether you are searching for a personal retreat, investment property, or future development site, 44 Riverside Drive offers a truly unique opportunity in one of PEIs most sought after coastal communities. All measurements are approximate and must be verified by the purchaser if deemed necessary. (id:11866)

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https://www.realtor.ca/real-estate/29887472/44-riverside-drive-north-rustico-north-rustico