House For Sale in Summerside, PE

197 Cambridge Street

Price: $489,000

Large Family Home or Inn/B&B, Income Potential

Call or Email

Claire Carr

Buyer Agent Friendly

This seller is willing to negotiate commission with any real estate agent who brings an acceptable offer from a qualified buyer.

9
Bedrooms
7.5
Bathrooms
4,300
Square Feet
Unspecified
Lot Size
2 Storeys
Unspecified
Year Built
Unspecified
Annual Taxes
Guest
Suite

Very large family home with additional income suite.
Fully renovated from top to bottom, with over $300,000 spent on the renovations over the years.

Ideal for large family or multi-generation living.
Huge potential for Inn or B&B business (was previously setup as a 4* B&B).

Option to buy vacant, or with guaranteed $56,000 per year income (via seller rent back).

Full details, information, pictures and floorplan available.
Please contact for more information, or view the PDF brochure here:

http://newlookhomespei.com/SummersideLargePropertyForSale.pdf

Viewings via virtual/online means and in person, which will be subject to covid protocols.

LEVEL
ROOM
DIMENSIONS
Main Level
Great Room
7.32m x 7.01m   (24'0" x 23'0")
Main Level
Bedroom - Primary
4.27m x 3.05m   (14'0" x 10'0")
Main Level
Office/Computer Room
2.44m x 2.13m   (8'0" x 7'0")
Main Level
Family Room
5.18m x 4.56m   (17'0" x 14'11")
Main Level
Mud Room
3.66m x 2.13m   (12'0" x 7'0")
Main Level
Bedroom
5.18m x 4.56m   (17'0" x 14'11")
Main Level
Guest Suite
10.06m x 3.66m   (33'0" x 12'0")
Main Level
2pc Bathroom
1.22m x 1.22m   (4'0" x 4'0")
2nd Level
Bedroom - Primary
7.01m x 3.66m   (23'0" x 12'0")
2nd Level
Bedroom
5.18m x 3.66m   (17'0" x 12'0")
2nd Level
Bedroom
4.88m x 3.05m   (16'0" x 10'0")
2nd Level
Bedroom
3.35m x 3.05m   (11'0" x 10'0")
Main Level
Rental Unit
10.97m x 7.32m   (36'0" x 24'0")
Dominion Lending Centres

6.00%

Current Variable Rate

6.95%

Current Prime Rate
Please Note: Some conditions may apply. Rates may vary from Province to Province. Rates subject to change without notice. Posted rates may be high ratio and/or quick close which can differ from conventional rates. *O.A.C. & E.O
Terms
Bank Rates
Payment Per $100K
Our Rates
Payment Per $100K
Savings
6 Months
6.59 %
$675.29
7.49 %
$730.93
$-55.64
1 Year
7.84 %
$753.03
6.59 %
$675.29
$77.74
2 Years
7.34 %
$721.53
6.17 %
$649.95
$71.59
3 Years
6.99 %
$699.80
5.24 %
$595.34
$104.46
4 Years
6.79 %
$687.50
5.37 %
$602.85
$84.65
5 Years
6.84 %
$690.57
4.89 %
$575.36
$115.21
7 Years
7.10 %
$706.60
6.09 %
$645.17
$61.43
10 Years
7.25 %
$715.92
6.14 %
$648.15
$67.77

Property Features

Listing ID: 841431

Property Type
House
Ad Type
For Sale
Ownership
Freehold / Fee Simple
Parking
Driveway / Other Parking
Asking Price
$489,000
View Rest of Property Features

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Dominion Lending Centres
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Speech Bubble

Claire Carr


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