Lot 11-1 Shepard Drive Stratford, Prince Edward Island C1B 1T5
$329,900
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:56815)
Property Details
| MLS® Number | 202605481 |
| Property Type | Vacant Land |
| Community Name | Stratford |
| Easement | None |
| Features | Level Lot |
| View Type | View Of Water |
Building
| Utility Water | Municipal Water |
Parking
| None |
Land
| Access Type | Year-round Access |
| Acreage | No |
| Land Disposition | Cleared |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.34 |
| Size Total | 0.34 Ac|under 1/2 Acre |
| Size Total Text | 0.34 Ac|under 1/2 Acre |
https://www.realtor.ca/real-estate/29518081/lot-11-1-shepard-drive-stratford-stratford
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March 26 2026 12:19:29
Prince Edward Island Real Estate Association
Island Homes Pei Real Estate