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Conference kaosws::canada

Title:True North Strong & Free
Notice:Introduction in Note 535, For Sale/Wanted in 524
Moderator:POLAR::RICHARDSON
Created:Fri Jun 19 1987
Last Modified:Fri Jun 06 1997
Last Successful Update:Fri Jun 06 1997
Number of topics:1040
Total number of notes:13668

136.0. "Prince Edward Island Land?" by 18031::STARIE_DICK (I'd rather be skiing) Mon Nov 28 1988 15:31

    Anyone out there from P.E.I.?
    
    Am curious about Real Estate prices for waterfront on the north
    shore...
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136.1Life savings can go fast!!KAOFS::S_MACDONALDREALITY:The crulest joke of allFri Dec 02 1988 16:4212
    Well I'm not an Islander but I do have alot of family there.  Some of
    the off-islanders in the family recently bought just under 50 acres of
    shore front property near Cape Spry (not far from Souris, south east)
    for about $1000 an acre.  This was farmland and there isn't much
    development in the area.  If you were looking for something with a
    cottage/house on it in or near a tourist area you can look forward to
    much higher prices. The other thing is that off-island land owners must
    pay double land taxes on the Island.  This is being fought but I'm sure
    the government will keep the policy. 
    
    Scott.