MeadowBrooke PRINCE EDWARD ISLAND
Price per Square Foot – lowest in the Market
- Virtually no entry level condominium housing is being built below $300-$550,000 ($750,000 for penthouse), which are the prices for luxury condominiums along the waterfront. The only other area of town with condominiums is in downtown Charlottetown.
- Meadowbrooke is on the edge of the city, in a new subdivision area with lots of open space and easy access to transportation routes in all directions. Meadowbrooke will provide a sought-after alternative to living in the city’s downtown.
- Selling prices in this project will be between $97,500 - $172,900, which equates to approximately $100-150 per square foot. Excellent entry product and pricing for first time homebuyers and investors. Rental rates in the project run from $650 for a 1BR suite, to $1,195 per month for the top floor 3BR suite.
Emerging Condominium Market
- The condominium market in PEI has only been established in the last 20 years so it is a fairly undeveloped real estate sector. Once more PEI resident become familiar with the convenience of condominium living, we believe there will be an increase in demand for this style of real estate.
Extra Large Suites with a great deal of Amenities
- All suites come with storage room, generous closet space, personal insuite washer/dryer, some suites have extra-large bathrooms with both a bathtub as well as extra shower stall.
- Resident Amenities = Resident Retention!! Meadowbrooke has a Social Room with kitchenette/washroom/office, indoor car wash bay, and in future, rentable storage lockers.
- Rental Residents pay for all utilities for their suite (all electricity, heat and hot water).
Superior Construction
- Meadowbrooke is a woodframe with ICF (Insulating Concrete Foam) structure, resulting in an exceptional insulation rating to combat heat loss during the colder winter months.
Essential Information
PROPERTY DETAILS!
Quick Summary click here
Unit Floor Plans: click here
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This is not an offering for sale, any such offering shall be made by Disclosure Statement or Prospectus