0 Richard Douglas Drive Drive, Mermaid
A rare opportunity to own an exceptional residence in one of the most sought-after locations.
Property Highlights
Distinctive Features That Set This Property Apart
Property Type
Single Family
Style
House
Year Built
1926
Square Footage
2429 square feet
Bedrooms
5
Bathrooms
3
Distinguished Features
Premium Amenities
Featuring luxury finishes and high-end appliances throughout
Prime Location
Situated in a prestigious neighborhood with exceptional access
Property Overview
A Closer Look at This Distinguished Residence
High and Dry Lot in River Meadow Estates Nestled in the desirable community of River Meadow Estates, this high and dry, partially treed lot offers privacy and tranquility in a natural setting. Located just a short drive from both Charlottetown and Stratford, you'll enjoy the perfect balance of rural peace and urban convenience. Residents also benef...
MLS Number
202512770
Listed By
ELITE REAL ESTATE ADVISORS INC.
Last Updated
Jun 4, 2025, 3:16 p.m.
Data Source
CREA
"This property represents an exceptional opportunity in today's market, offering the perfect blend of location, craftsmanship, and timeless appeal."
Property Specifications
Comprehensive Details of This Fine Residence
Property Specifications
Property Provenance
Historical Timeline of This Distinguished Address
Property Timeline
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Monthly Payment
Your 20%+ down payment typically eliminates the need for private mortgage insurance, potentially saving you thousands over the life of your loan.
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Cash Flow Analysis
This property generates a positive cash flow of $1,770 per monthly. Consider reinvesting this surplus to enhance property value, build reserves for maintenance, or diversify your investment portfolio.
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