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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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