288 Spruce Way, 282, 276
PEIA · C0B1V0
$929,900
About this residence
Discover the perfect getaway with this unique listing of three newly renovated waterfront cottages, nestled along the picturesque Mill river at 288, 282, and 276 Spruce Way in Cascumpec, PEI. These cottages boast modern farmhouse charm and stunning river views, making them an excellent opportunity for investment as an Airbnb or as an accommodating 2 bedrooms and 2 bathrooms, along with a cement RV pad that includes electrical, water, and sewer hookups for added convenience. The other two cottages each offer cozy layouts with 2 bedrooms and 1 bathroom, designed to ensure a warm and inviting atmosphere. This package includes all furniture, appliances, utensils, dinnerware, etc. and encompassing over and acre of land, the property provides ample space for outdoor activities and perfect for entertaining or enjoying the peaceful river views. With direct access to the Mill River, residents and guests can engage in various activities such as sailing, kayaking, or simply enjoying the tranquil waters while the proximity to the ocean offers even more adventures. Currently, there are bookings for 2025, making this an attractive investment opportunity for those looking to enter the vacation rental market. Whether you envision hosting guests or creating a private family retreat, these cottages cater to both desires - contact us today to take the first step towards owning your piece of paradise in beautiful Prince Edward Island! (id:61366)
Property details
- Property type
- Recreational
- Style
- Recreational
- Ownership
- Freehold
- Bedrooms
- 6 (6 above)
- Bathrooms
- 4
- Living area
- 2,900 sq ft
- Lot size
- 0.205
- Annual tax
- $5,925
- MLS®
- 202510694
- Board
- PEIA
- Status
- Inactive
- Listed
- May 12, 2025
- Updated
- Sep 29, 2025
Room dimensions
| Room | Level | Dimensions |
|---|---|---|
| Sunroom | Main level | 18.5 x 10.8 |
| Kitchen | Main level | 9.7 x 7.4 |
| Primary Bedroom | Main level | 10.7 x 13.5 |
| Ensuite (# pieces 2-6) | Main level | 5 x 7.5 |
| Other | Main level | 7.4 x 3.3 |
| Bedroom | Main level | 11.3 x 9.4 |
| Living room | Main level | 15.5 x 12.1 |
| Dining room | Main level | 15 x 12 |
| Bath (# pieces 1-6) | Main level | 4.3 x 4.5 |
| Laundry room | Main level | 5 x 4.6 |
| Other | Main level | 13.1 x 3.3 |
| Kitchen | Main level | 16.1 x 11.5 |
| Dining room | Main level | Combined |
| Living room | Main level | 16.5 x 11.5 |
| Primary Bedroom | Main level | 11.8 x 11.4 |
| Bedroom | Main level | 11.5 x 10.8 |
| Bath (# pieces 1-6) | Main level | 7.9 x 7.5 |
| Living room | Main level | 16.3 x 11.4 |
| Kitchen | Main level | 11.4 x 15.1 |
| Bath (# pieces 1-6) | Main level | 7.9 x 7.5 |
| Primary Bedroom | Main level | 11.9 x 11.5 |
| Bedroom | Main level | 10.6 x 11.4 |
Features & finishes
Appliances
- Washer
- Refrigerator
- Dryer
- Oven
- Microwave Range Hood Combo
- Barbeque
Flooring
- Laminate
Heating
- Wall Mounted Heat Pump
- Electric
Exterior
- Vinyl
- Steel
Parking
- Concrete
Lot
- Paved driveway
Sewer & Utilities
- Septic System
Architecture
- Cottage
- Camp
Financing
Estimated monthly payment
$4,349/mo
Loan amount
$743,920
Down payment
$185,980
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
PEIA
Nearby
About the area
Census · C0B- 29,902
- Population
- 47
- Median age
- $73,500
- Median income
- $224,000
- Median home value
- 80%
- Home ownership
- 22 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 288 Spruce Way, 282, 276?
288 Spruce Way, 282, 276 is listed for $929,900, in PEIA.
How many bedrooms and bathrooms does 288 Spruce Way, 282, 276 have?
It offers 6 bedrooms and 4 bathrooms.
What type of home is 288 Spruce Way, 282, 276?
288 Spruce Way, 282, 276 is a Recreational, Recreational.
How large is 288 Spruce Way, 282, 276?
The home offers approximately 2,900 sq ft of living space on a lot measuring 0.205.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $4,349. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $5,925 per year.
What is the PEIA area like?
PEIA has a population of about 29,902, a median age of 47, a 80% home-ownership rate, with an average commute of about 22 minutes.
What is the average home value in PEIA?
The median dwelling value in this area is approximately $224,000, based on census data via Neighbourly.
What is the median household income in PEIA?
The median household income in this area is approximately $73,500.
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