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Apartment Motel In Prince Edward Island For Sale

Bedeque, Prince Edward Island, Canada
Asking Price:
$950,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$235,000 (CAD)
Cash Flow:
$100,000 (CAD)

An easily operated Mom and Pop motel in central Prince Edward Island. This business operates year round and is very profitable with a normal year having 40% of revenue from tourism and 60% from Extended Stay apartment rentals. All units have either a kitchenette or a full kitchen. In the past year 90% of the revenue has come from Extended Stay. Occupancy is typically 85-90% year round. Property is on 5 acres plus and has been very well maintained. Excellent business for a couple or family. Located near Summerside and close proximity to most major attractions and the capital city and international airport. Great potential for expansion into a campground. 25 seat Class B restaurant could be operated in house or leased to others.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

There is a four bedroom four bathroom house on separate Title that could be purchased.


Located between Summerside and Charlottetown and 15 minutes to the major entry to Prince Edward Island, (Confederation Bridge). 15 minutes from major shopping facilities in Summerside.

Premises Details:

Property had a complete makeover in 2021 and 2013; but virtually all rooms have had new appliances and flooring more recently. All new 4K Smart televisions.

Size in square feet:
5.28 acres
Planning Consent:

Zoned commercial motel.

Business Operation

Expansion Potential:

Plans have been presented to the local government to add two more blocks of 5 rooms. These would principally be for apartment living.

Competition / Market:

The Island market does not attract large franchise chains except for Charlottetown.

Reasons for selling:

Owner is ready to retire.

Trading hours:

seven days. Hours vary

Varies by season
Years established:
sixty plus

Other Information

Support & training:

Seller will provide training and ongoing support to ensure successful transition.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

A short term bridge loan may be available to a qualified party. Financing available from Credit Union and banks.

Furniture / Fixtures value:
$80,000 (CAD) - included in the asking price
Inventory / Stock value:
$5,000 (CAD) - included in the asking price
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