About this home

Discover the magic of New Glasgow, PEI, with this extraordinary property that offers both a profitable toy store and a charming, completely renovated historic residence. In addition to the toy shop, toymaking factory, and stock room, you?ll find a waterview four-bedroom, three-bathroom home attached, perfect if you?re seeking a unique work-from-home lifestyle or a profitable new business venture. Gorgeous views of the River Clyde greet you through the windows and from the covered veranda. The Toy Factory has been carefully designed so that anyone can run it. With mentorship and in-house training available from the current owners, this turn-key business is simple to step into, whether you?re a seasoned entrepreneur or completely new to retail & production. The store is fully stocked with best-selling inventory, and exclusive supplier relationships are in place, ensuring a seamless transition. Beyond its enchanting facade, this property boasts practical features with a heat pump installed in 2022, a new electric hot water heater added in 2024, and updated electrical systems with separate meters for the residence and business. A new $50,000 septic system was installed in 2021, and the durable metal roof was added in 2009. Recent exterior improvements include a repaved parking lot, new concrete curbing, and fresh paint. Inside, the retail store was completely refreshed in 2013, the workshop was redesigned specifically for wooden toymaking in 2017, and in the last 3 years, the residence has been fully updated with a new kitchen, new paint, windows, flooring & crown moulding, and updated bathrooms. A rare find, combining the charm of a beautifully restored home with the benefits of modern upgrades. A unique opportunity to continue the tradition of The Toy Factory or to add your own spin on a successful business. A 0.3-acre riverfront lot can be negotiated - providing river access and potential for small-scale commercial use such as kayak or paddle re (id:63626)

Listed by: Heidi Zinn, Harcourts

Home facts and features

Price details

List Price

$895,000

Home facts

Bedrooms

Full Bathrooms

Parking Details

Parking Space(s)

Property Type

House

Lot Size

1 ft²

Depth

Year Built

Built in 1849 (177 yrs old)

Title

Freehold

Exterior Finish

Wood shingles

Heating Type

Forced air, Not known, Oil, Electric, Radiator, Hot Water, Furnace

Features

Paved driveway, Treed, Wooded area

Appliances

Dishwasher, Dryer, Freezer - Stand Up, Hot Tub, Range - Electric, Refrigerator, Washer

Agent details

Primary Agent

Heidi Zinn

Primary Broker

Harcourts

Secondary Agent

Cheryl Burns

Secondary Broker

Harcourts

Listing details

Days on REW

95 Days

Property Views

MLS® Number

202603789

Source

Canadian Real Estate Association

Board

Prince Edward Island Real Estate Association

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Property Insights

Schools nearby

10 Schools are within 105km

Port Elgin Regional School

n/a
K - 8
In Catchment

École Donat-Robichaud

n/a
K - 8
In Catchment

Polyvalente Louis-J.-Robichaud

n/a
9 - 12
In Catchment

École Mgr-François-Bourgeois

n/a
K - 8
In Catchment

Tantramar Regional High School

n/a
9 - 12
In Catchment

Sackville Christian Academy

n/a
K - 12
In Catchment

Marshview Middle School

n/a
5 - 8
In Catchment

Salem Elementary School

n/a
K - 4
In Catchment

École Abbey-Landry

n/a
K - 8
In Catchment

École Clément-Cormier

n/a
9 - 12
In Catchment

5607 Rte 13New Glasgow, PE, C0A 1N0