Discover the magic of New Glasgow, PEI, with this extraordinary property that offers both a profitable toy store and a charming, completely renovated historic residence. In addition to the toy shop, toymaking factory and stock room, you'll find a charming four-bedroom, three-bathroom home seamlessly attached, perfect if you're seeking a unique work-from-home lifestyle or a profitable new business venture. Beyond its enchanting facade, this property boasts practical features with a heat pump installed in 2022, a new electric hot water heater added in 2024, and updated electrical systems with separate meters for the residence and business. A new $50,000 septic system was installed in 2021, and the durable metal roof was added in 2009. Recent exterior improvements include a repaved parking lot, new concrete curbing, and fresh paint. Inside, the retail store was completely refreshed in 2013, the workshop was redesigned specifically for wooden toymaking in 2017, and in the last 3 years, the residence has been fully updated with a new kitchen, new paint, windows, flooring & crown moulding and updated bathrooms. This property is a rare find, combining the enchanting charm of a beautifully restored historic home with the benefits of all the modern upgrades. It presents a unique opportunity to continue the beloved tradition of The Toy Factory, or to add your own unique spin on a successful business. Don't miss this chance to own a piece of PEI's heritage with the financial support of a thriving business venture in a very desirable location. All measurements are approximate and should be verified by purchaser if deemed necessary. VIDEO - https://youtu.be/BcQ4gx8vNcg. (id:51532)
Tags
Property Summary
Property Type
Single Family
Building Type
House
Storeys
2
Community Name
New Glasgow
Title
Freehold
Land Size
1.0000|1 - 3 acres
Built in
1847
Parking Type
Parking Space(s),Paved Yard
Building
Bedrooms
Above Grade
4
Bathrooms
Total
4
Interior Features
Appliances Included
Hot Tub, Range - Electric, Dishwasher, Dryer, Washer, Freezer - Stand Up, Refrigerator
Flooring
Hardwood, Laminate, Vinyl
Building Features
Features
Treed, Wooded area
Foundation Type
Stone
Style
Detached
Total Finished Area
2500 sqft
Structures
Patio(s)
Heating & Cooling
Heating Type
Forced air, Furnace, Hot Water, Not known, Radiator
