31454 WESTERN Road, Richmond

About This Home

The details.

31454 Western Road is a unique property with a rich Island history. Most recently a charming Bed & Breakfast, the property features over 200 feet of frontage on RTE 2 through the town of Richmond, along with over 600 feet of frontage along the Confederation Trail. Nearby commercial establishments include a gas station, cafe, dairy bar & hardware store. With prime visibility and direct access to the Confederation Trail, this property is ideal for a variety of uses. With no predetermined land use zoning, the future owner can apply to the Provincial Planning Department for any use they have in mind. The former Bed & Breakfast remains on the property but has been vacant for some time and is likely beyond reasonable repair. Drilled well and septic system are in place but the seller makes no representation or warranty of their condition. (id:66635)

Summarizing the highlights...

MLS® 202617190Listing courtesy of EXIT Realty PEIView on map Street view

Property Details

Facts & features.

Property type: Vacant Land
Ownership: Freehold
Lot size: 5.5 acres
Listed on: 2026-07-07
Days on market: 8
MLS number: 202617190
Data source: Prince Edward Island Real Estate Association

July Value

What this home is worth.

Calculating a July Value estimate...

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Location

Where it sits.

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Run The Numbers

Mortgage and cash flow

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization

Monthly mortgage payment

$931

$159,200 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$931

Cash flow

-$931

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Richmond right now

738

Active listings

779

New this week

$1,049,000

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in Richmond.

Household and demographic stats for Richmond, from the Statistics Canada 2021 Census.

209,937
Population (2021): 43.6
Median age: 81,080
Households: 2.6
Avg household size: 71.3%
Home ownership: $79,000
Median household income

Richmond neighbourhood guide Full census profile Richmond market trends

The immediate block around this home (1.2 km radius): about 500 residents in 216 homes, 9 people/km² (low-density).

Source: Statistics Canada 2021 Census, Richmond, City (CY); block-level figures from dissemination area 11030308.

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.