About this home

Prime development opportunity in the heart of Stratford. Welcome to Lot 11-1 Sheppard Drive, a strategically located parcel within the newly updated Waterfront Mixed Use (WMU) zoning area. This property offers the ability to develop up to six residential units, with zoning now permitting townhouse dwellings, stacked townhouses, and multiple attached units. With increasing demand for multi-unit housing in Stratford and the greater Charlottetown area, this site presents a strong opportunity for developers and investors looking to build and hold or build and sell. Municipal water and sewer services are available, and the property benefits from a streamlined site plan approval process, making it well-positioned for development. The WMU zoning also supports modern, urban-style projects designed to meet today's buyer preferences, including efficient layouts and higher-density residential options. Ideally located just minutes from downtown Charlottetown, this property is surrounded by established neighbourhoods, key amenities, and ongoing residential growth. Its proximity to the waterfront and major access routes further enhances its long-term value and market appeal. Whether you are an experienced developer or an investor seeking your next multi-unit project, Lot 11-1 Sheppard Drive offers a rare combination of location, zoning flexibility, and development potential in one of PEI's most desirable and expanding communities. (id:63626)

Listed by: Shane McGuigan, ISLAND HOMES PEI REAL ESTATE

Home facts and features

Price details

List Price

$329,900

Gross Taxes for 2026

$1,218

Home facts

Bedrooms

Full Bathrooms

Property Type

Land/Lot

Lot Size

14810 ft²

Depth

Title

Freehold

Features

Level lot

Agent details

Primary Agent

Shane McGuigan

Primary Broker

ISLAND HOMES PEI REAL ESTATE

Secondary Agent

Pam McGuigan

Secondary Broker

ISLAND HOMES PEI REAL ESTATE

Listing details

Days on REW

75 Days

Property Views

MLS® Number

202605481

Source

Canadian Real Estate Association

Board

Prince Edward Island Real Estate Association

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Property Insights

Schools nearby

10 Schools are within 3km

Glen Stewart Primary School

n/a
K - 3

Stratford Elementary School

n/a
4 - 6

Montessori School Of Charlottetown

n/a
K - 6

L. M. Montgomery Elementary School

n/a
K - 6

Birchwood Intermediate School

n/a
7 - 9

Prince Street Elementary School

n/a
K - 6

St. Jean Elementary School

n/a
K - 6

Immanuel Christian School

n/a
K - 9

Parkdale Elementary School

n/a
K - 6

Colonel Gray Senior High School

n/a
10 - 12

Lot 11-1 Shepard DriveStratford, PE, C1B 1T5