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Home » Housing, Jobs, & Money

Buying a home on Prince Edward Island

Submitted by on August 17, 2009 – 8:01 amNo Comment

pei-cavendishLooking for a five-​​bedroom, six-​​bathroom man­sion on Prince Edward Island?

The New York Times recently fea­tured this house for sale, set on 29 acres along the Kildare River, in an arti­cle that also included a use­ful overview of the PEI real estate mar­ket.

A river­front man­sion not in your bud­get? Search Realtor​.ca for a broader selec­tion of homes for sale across PEI.

If you’re inter­ested specif­i­cally in Charlottetown, PEI’s cap­i­tal city, check out the hous­ing mar­ket fore­casts and sta­tis­tics from the Canada Mortgage and Housing Corporation (CMHC).

Charlottetown, a city of just under 35,000 peo­ple, is one of Canada’s more afford­able hous­ing mar­kets. The CMHC reports that the aver­age home sale price so far in 2009 is roughly CAD$175,000.

The island government’s Moving to Prince Edward Island web­site is a detailed com­pi­la­tion of help­ful infor­ma­tion about liv­ing and work­ing on PEI.

Also use­ful is the government’s Immigration site, which has details about the fast-​​track pro­gram to apply for per­ma­nent res­i­dent sta­tus as a Provincial Nominee.

Among tourists, PEI may be best known as the home of the fic­tional Anne of Green Gables, hero­ine of the well-​​known 1908 novel by Lucy Maud Montgomery. But if you want to learn more about the province’s other attrac­tions, check with Tourism PEI.

Photo by Andreas Duess (flickr)

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