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$315,000

44 Riverside Drive, North Rustico, PE, C0A 1N0

MLS® # 202614035

2 Beds

Bath

1112  FEETSQ

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North Rustico PE, C0A 1N0

MLS® # 202614035

Property Information:

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.

Property Features:

  • Bedrooms: 2
  • Bathrooms: 1
  • Annual Tax Amount: $1,247
  • Appliances Included: Stove, Dryer, Washer, Freezer, Refrigerator
  • Basement: Full
  • Building Style: 1 Level
  • Built in: Y
  • Exterior Finish: Vinyl
  • Features: Wood Stove(s)
  • Floor Space (approx): 1112 Square Feet
  • Flooring: Laminate, Linoleum
  • Foundation: Block
  • Fuel Type: Electric, Wood
  • Heating/Cooling Type: Heat Pump -Ductless
  • Lot Size: 0.25
  • Property Size: Under 0.5 Acres
  • Rental Equipment: None
  • Roof: Asphalt Shingle
  • Sewage Disposal: Septic
  • Structures: Shed
  • Title to Land: Freehold
  • Utilities: Electricity
  • Water Source: Municipal
  • Garage: None

Rooms:

  • Kitchen Main Level 14.6 x 13
  • Bedroom Main Level 9 x 10
  • Laundry Main Level 8 x 10
  • Bathroom Main Level 5 x 6.6
  • Other Main Level 10 x 13 computer rm
  • Living Main Level 6 x 6
  • Living Lower Level 16 x 14
  • Bedroom Lower Level 12 x 10
  • Other Main Level 32 x 8 deck

Courtesy of: ALLAN WEEKS REAL ESTATE CO.,LTD.

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 44 Riverside Drive, North Rustico, PE, C0A 1N0

Demographic Information of 44 Riverside Drive, North Rustico, PE, C0A 1N0

Life Stage

Midlife Families

Employment Type

Mixed

Average Household Income

$99,572.75

Average Number of Children

1.50

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

26.65 %

High school certificate or equivalent

35.47 %

Apprenticeship trade certificate/diploma

6.22 %

College/non-university certificate

19.97 %

University Degree

11.69 %

Commuter

Travel To Work

By Car

92.25 %

By Public Transit

0.0 %

By Walking

1.27 %

By Bicycle

0.0 %

By Other Methods

6.48 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

0.46 %

Houses

99.54 %

Own Vs. Rent