Discover an extraordinary investment opportunity in the heart of the thriving community of West Royalty! This stunning 1.91-acre parcel of land, recently rezoned from M1 to R3 (Medium Density Residential), presents an unparalleled chance for investors and developers alike. With a generous 7,832 square meters of prime real estate at your fingertips, the potential here is boundless. Imagine the possibilities as you contemplate building up to 68 residential units ?as of right,? eliminating the need for any variance and streamlining your development process. This property has been expertly cleared and is shovel-ready, ensuring that you can hit the ground running with your vision. Whether you're looking to create a vibrant community of modern apartment buildings or a cozy neighbourhood for families, this pristine canvas awaits your unique touch. Located in one of the most desirable areas of Charlottetown, this lot is not only a smart investment but also a chance to contribute to the growth and enhancement of a flourishing community. What truly sets this opportunity apart is its rarity; Don?t let this golden opportunity pass you by! Seize the moment to unlock your potential as a developer in Charlottetown. Act now and set the stage for your future endeavours in this vibrant and welcoming neighbourhood! Your next successful project starts here?are you ready to make your mark?. (id:47421)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Property Easement
Easement
Listing Contract Date
2026-01-09
Location Description
Located on Royalty rd, or turn onto Alderwood.
Municipal ID
145714
Ownership Type
Freehold
Property Type
Vacant Land
Transaction Type
For sale
Building
Utility Water
None
Parking Spaces
Name
Spaces
None
Land
Total Size
1.91 acres | 1 - 3 acres
Acreage
Yes
Disposition Features
Cleared
Sewer
No sewage system
Size of Irregular Land
1.91 acres
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