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23-25-27 Queen Elizabeth Drive, Morell, PE, C0A 1S0

MLS® # 202522304
House For Sale In Morell, Prince Edward Island
$950,000 QuickQuoteTM: Not Available

None Beds

23-25-27 Queen Elizabeth Drive, Morell, PE
23-25-27 Queen Elizabeth Drive, Morell, PE
23-25-27 Queen Elizabeth Drive, Morell, PE
23-25-27 Queen Elizabeth Drive, Morell, PE
23-25-27 Queen Elizabeth Drive, Morell, PE
23-25-27 Queen Elizabeth Drive, Morell, PE
23-25-27 Queen Elizabeth Drive, Morell, PE
23-25-27 Queen Elizabeth Drive, Morell, PE
23-25-27 Queen Elizabeth Drive, Morell, PE
23-25-27 Queen Elizabeth Drive, Morell, PE
23-25-27 Queen Elizabeth Drive, Morell, PE
23-25-27 Queen Elizabeth Drive, Morell, PE
23-25-27 Queen Elizabeth Drive, Morell, PE
23-25-27 Queen Elizabeth Drive, Morell, PE
23-25-27 Queen Elizabeth Drive, Morell, PE
23-25-27 Queen Elizabeth Drive, Morell, PE
23-25-27 Queen Elizabeth Drive, Morell, PE
23-25-27 Queen Elizabeth Drive, Morell, PE
23-25-27 Queen Elizabeth Drive, Morell, PE
23-25-27 Queen Elizabeth Drive, Morell, PE
23-25-27 Queen Elizabeth Drive, Morell, PE
23-25-27 Queen Elizabeth Drive, Morell, PE
23-25-27 Queen Elizabeth Drive, Morell, PE
23-25-27 Queen Elizabeth Drive, Morell, PE
23-25-27 Queen Elizabeth Drive, Morell, PE
23-25-27 Queen Elizabeth Drive, Morell, PE
23-25-27 Queen Elizabeth Drive, Morell, PE
23-25-27 Queen Elizabeth Drive, Morell, PE
23-25-27 Queen Elizabeth Drive, Morell, PE
23-25-27 Queen Elizabeth Drive, Morell, PE
23-25-27 Queen Elizabeth Drive, Morell, PE
23-25-27 Queen Elizabeth Drive, Morell, PE
23-25-27 Queen Elizabeth Drive, Morell, PE
23-25-27 Queen Elizabeth Drive, Morell, PE
23-25-27 Queen Elizabeth Drive, Morell, PE
23-25-27 Queen Elizabeth Drive, Morell, PE
23-25-27 Queen Elizabeth Drive, Morell, PE
23-25-27 Queen Elizabeth Drive, Morell, PE
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23-25-27 Queen Elizabeth Drive, Morell, PE, C0A 1S0
$950,000

Property Information:

This prime investment opportunity features a well-maintained triplex combined with a tract of land, offering incredible visibility and accessibility right next to the highway. Perfect for savvy investors seeking a multifamily residential income property! Location Benefits: -Great Site Visibility: Situated in a bustling area, your property will attract tenants and ensure consistent rental demand. -Proximity to Highway: Quick access to major routes facilitates easy commutes for residents and enhances marketability. Property Features: -Triplex Setup: Three separate units, offering diverse living options for tenants and multiple revenue streams. -Land Potential: The additional land can be used for future expansion, additional units, or enhancing the current property’s appeal with amenities like parking or green spaces. Topography: The land's friendly topography lends itself well to potential developments, making it easy and cost-effective to build or enhance as desired. Investors' Dream: This is a wonderful opportunity for investors eager to tap into the thriving rental market. With the combination of the triplex's rental income potential and the land's value-add opportunities, this is a chance to maximize returns in a growing area. Get in on this incredible investment now and secure your future with this versatile property in Morell.

Property Features:

  • Annual Tax Amount: $2,340
  • Built in: 2006
  • Lot Size: 2.00
  • Title to Land: Freehold

Courtesy of: RE/MAX CHARLOTTETOWN REALTY

Data provided by: Nova Scotia Association of REALTORS® 68 Highfield Park Drive, Suite 112, Dartmouth, Nova Scotia B3A 0E4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Location of 23-25-27 Queen Elizabeth Drive, Morell, PE, C0A 1S0

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

29 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate-Low

29 hot days expected in 2050

29/100

Moderate-Low

ClimateCheck®

Current data

This property, 23-25-27 Queen Elizabeth Drive , experiences 7 hot days per year at around 27.7 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 29 hot days at 30.7 degrees Celsius.

Projected Avg. Temperature

Past
27.7℃
2050
30.7℃

# Hot Days Per Year

Past
7
2050
29

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

71/100

Moderate-High

ClimateCheck®

Current data

This property, 23-25-27 Queen Elizabeth Drive , experiences 11 significant 2-day storms per year, with about 361.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 455.3mm of precipitation per year.

Precipitation Per Storm

Past
361.2mm
2050
455.3mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 23-25-27 Queen Elizabeth Drive, Morell, PE, C0A 1S0

Life Stage

Families with Tweens

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$110,000.00

Average Number of Children

1.70

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.55 %

High school certificate or equivalent

24.45 %

Apprenticeship trade certificate/diploma

College/non-university certificate

28.89 %

University Degree

31.11 %

Commuter

Travel To Work

By Car

93.33 %

By Public Transit

0.0 %

By Walking

6.67 %

By Bicycle

0.0 %

By Other Methods

0.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

9.52 %

Houses

90.48 %

Own Vs. Rent