For Sale: 8 Duncan Lane, Montrose, PE - REW
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$990,000
3 bd • 2 ba • sf • House
8 Duncan Lane
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$990,000

8 Duncan LaneMontrose, PE, C0B 1B0

  • 3 Bed
  • 2 Bath
  • Sqft
  • House

About this home

Positioned just 5 minutes from Alberton, this expansive 80 acre property on the Kildare River presents a compelling opportunity for developers seeking scale, natural assets, and multiple value-creation paths. With approximately 930 feet of river frontage, the property offers a rare combination of waterfront access, usable acreage, and existing infrastructure. The site features a diverse mix of cleared areas, mature woodlot, and regenerating forest, providing flexibility for phased development or subdivision (subject to local approvals). The natural topography and riverfront setting make it well-suited for a range of concepts, including a waterfront cottage community, a residential subdivision, a campground, or even a resort concept. The property currently consists of a 3 bedroom 2 bathroom bungalow with attached garage and workshop, in floor heat, and back up power from a 5000 Watt Honda Generator. There is also a separate 2 bedroom 1 bathroom waterfront cottage that provides a short term rental opportunity or great for guest accommodations. The property also consists of 930 ft. of waterfrontage, 18 acres of established woodlot (24 years growth) and 15 acres of reforested land (5 years growth). There is a great opportunity here for a developer to create a tiered subdivision with multiple lots and a strong price differentiation that could appeal to many people looking to build waterfront estates, more modest homes or even have an area where they could park an RV or build a seasonal property. (id:63626)
Listed by: Joel Brennan, ROYAL LEPAGE COUNTRY ESTATES 1985 LTD

Home facts and features

Price details
List Price
$990,000
Gross Taxes for 2026
$4,612
Home facts
Bedrooms
3
Full Bathrooms
1
Partial Bathrooms
1
Parking Details
Attached Garage, Heated Garage
Property Type
House
Lot Size
80.0 acres
Depth
Year Built
Built in 2004 (22 yrs old)
Title
Freehold
Style
Character
Exterior Finish
Vinyl
Heating Type
In Floor Heating, Oil, Electric, Wall Mounted Heat Pump
Cooling
Air exchanger
Features
Level, Paved driveway, Treed, Wooded area
Appliances
None, Satellite Dish
Agent details
Primary Agent
Primary Broker
ROYAL LEPAGE COUNTRY ESTATES 1985 LTD
Listing details
Days on REW
59 Days
Property Views
14
MLS® Number
202606796
Source
Canadian Real Estate Association
Board
Prince Edward Island Real Estate Association
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Purchase Price
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Alberton Elementary School
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  • K - 6
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Call Agent
Joel Brennan
Phone:
(902) 853-5251
Office:
902-436-9251
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