Lot 11-1 Shepard Drive

MLS®: 202605481 Type: Vacant Land Ownership: Freehold Lot Size: 0.34 ac|under 1/2 acre Postal Code: C1B1T5

Brokerage: ISLAND HOMES PEI REAL ESTATE Agent: Shane McGuigan (Broker)

Prime development opportunity in the heart of Stratford. Welcome to Lot 11-1 Sheppard Drive, a strategically located parcel within the newly updated Waterfront Mixed Use (WMU) zoning area. This property offers the ability to develop up to six residential units, with zoning now permitting townhouse dwellings, stacked townhouses, and multiple attached units. With increasing demand for multi-unit housing in Stratford and the greater Charlottetown area, this site presents a strong opportunity for developers and investors looking to build and hold or build and sell. Municipal water and sewer services are available, and the property benefits from a streamlined site plan approval process, making it well-positioned for development. The WMU zoning also supports modern, urban-style projects designed to meet today's buyer preferences, including efficient layouts and higher-density residential options. Ideally located just minutes from downtown Charlottetown, this property is surrounded by established neighbourhoods, key amenities, and ongoing residential growth. Its proximity to the waterfront and major access routes further enhances its long-term value and market appeal. Whether you are an experienced developer or an investor seeking your next multi-unit project, Lot 11-1 Sheppard Drive offers a rare combination of location, zoning flexibility, and development potential in one of PEI's most desirable and expanding communities. (232123562)