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News « Blue Ocean Real Estate

1.902.566.1900 | 94 Kent Street, Charlottetown, PEI | Site Map

Arefin Ahasan

Arefin 2

Cell: 902.978.2912
Email: Send Arefin An Email

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Greg Lipton

Greg Lipton resize

Cell: (902) 394-1393
Email: Send Greg An Email

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Ken Smallwood


Phone: (902)393.1634
Email: Send Ken An Email

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MLS Number:

Examples: 123 Main St; 123 Main; Main.

Price Range:
Blue Ocean Agent:

One Of A Kind Property!

Don’t miss your chance to own this great home sitting high on a hill with 360 degree pastural views on a 1.41 acre lot.


Plenty of updates including custom kitchen, open concept living/dining & addition of a full bath on the main floor and a new 12′ x 13′ + 6’6″ x 33′ deck

Don’t forget to sign in for your chance to win a 40″ flat screen TV!

Coffee and snacks will be available!


Here is a fantastic opportunity to purchase this completely renovated 16 year old bungalow on approximately 1 acre with more land available for purchase. Located just 20 minutes east of Charlottetown on route 2 in West St. Peters, only 5 minutes to world famous Crowbush Cove Golf Resort and white sand of Lakeside Beach. The open concept living/dining/kitchen area makes the perfect format for entertaining. The updates include new kitchen cupboards, laminate flooring, interior doors, light fixtures, and 2 new decks. This home is equipped with wood and oil furnaces for efficient and inexpensive heat. ($600 in oil last year)  The extra land also has an extra septic and electrical system in place for the possibility to use for home, camper, or trailer. All close the village of Morell, this is the perfect home for first time buyers or retirees. Call today for your private showing. 


This amazing house is located 10 minutes drive to Charlottetown and 10 minutes to the north shore dunes! 3 floors of living space. ICF construction makes this home extremely energy efficient. Features a big modern kitchen with quartz countertop and top quality stainless steel appliances including fridge, double wall ovens, ceramic cook top, quiet series dishwasher, double wide fridge and wine cooler. The living room is an A frame design with cascading open design with a wall of windows and a raised deck overlooking the very private 0.9 acre lot with trees and a stream. The master bedroom is on the 3rd floor complete with en-suite and walk in closet. Second level also includes 3 large bedrooms and main bath. the main level has a large rec room and 3rd bath plus a huge 2 car garage, storage and utilities area. Lease is $2,500. per month and could be furnished as well. Asking price for sale is $429,00.00. Contact Greg Lipton for more information.


The vendor of this 10 acre parcel of land in Wheatley River wants the property gone! Therefore, we have reduced the list price to $35,900.00! For 10 acres! 15 minutes from Charlottetown and 15 minutes to Cavendish! REALLY! THIS IS A STEAL OF A DEAL! MLS# 7184340  New Glasgow Rd. just past Bungay Rd. has 5 acres trees, 5+ acres of cleared land and a stream! Make an offer now before someone else gets it first! Call Greg for more info! Click on the maps link below to see the property! 


How to Buy a Foreclosure!

3472 Millvale Rd.

Expect substantial repairs with any foreclosure purchase.
If you’ve decided that foreclosures are right for you, here are some simple tips to ensure that you get the right deal and don’t risk over-leveraging yourself.
Work out a budget
Map out your current financial assets and liabilities. Factor in recreation, savings, and other planned expenses, plus enough of a cushion to give you some security. The remainder is your available budget. Remember that even after the sale, a foreclosure will cost money before making it. You should expect repairs before the home is livable, followed by a period of vacancy while you shop the home to buyers or renters.
Line up financing
Foreclosures move fast–very fast. In some cases, a few minutes can make the difference between buying the house of your dreams. Now that you know what you can spend, you need to have a bank’s permission to spend it. Cash is king, but pre-approved financing is pretty close, and just the process of applying for financing will provide a good gut check of your budget estimates from step 1.

Bring an expert
The buying process for many foreclosed homes–particularly those being auctioned–leaves little time for individual inspection. Bring a licensed inspector with foreclosure experience. There’s no replacement for a proper inspection, but expert eyes can spot the biggest, most expensive issues up front and help you incorporate that feedback into your bid. Be sure to keep a running tally of repair costs and deduct that amount from your budget. You don’t want to bite off too much.

Stay focused
Once bidding begins, it’s easy to lose your head. The market is full of foreclosures. If you miss this one, you’ll get the next, or one of the dozens after that. Stick to a sane bid in a range you can afford and eventually, you’ll find the right house at the right price.


In 2016 we are moving ahead with our plan to work closely with immigrating clients. Therefore, we are providing some information on our website to help those are considering moving to Prince Edward Island. We will posting regularly some general information about moving to Canada and specifically PEI.
Some Canadian provinces do restrict the amount of property a non-resident investor can purchase. On Canada’s east coast, the province of Prince Edward Island requires that a non-resident wanting to purchase land in excess of 5 acres or have a shore frontage greater than 165 feet must make application to the Island Regulatory and Appeals Commission. More details about the application process and ownership restrictions are available at Nova Scotia, Newfoundland and New Brunswick, the other east coast provinces, as well as the provinces of Quebec, Ontario, and British Columbia do not have restrictions on foreign ownership.
In western Canada there are a variety of restrictions that do exist for foreign buyers. In Manitoba non-resident non-Canadians are prevented from owning farmland in Manitoba unless they intend to move to Manitoba within two years.
The province of Saskatchewan restricts non-Canadian residents to land holdings of 10 acres, while in Alberta foreign citizens and foreign controlled corporations may own up to two parcels of land not exceeding 20 acres in total.
Non resident purchasers of real estate should investigate other possible tax consequences, federal or provincial, such as the Canada Income Tax Act or provincial land transfer taxes that may apply.
Information concerning non-resident ownership of real property in Canada can be accessed in greater detail through the Canadian federal government website
Blue Ocean Real Estate is always available to discuss any of your questions. Feel ree to contact us at any time.

Happy Holidays!

Happy Holidays!

Happy Holidays!

From The Blue Ocean Family to your Family,
May you have a fantastic holiday this season and may the new year bring you Health, Happiness, and Good Fortune

Back From China!!!

Chinese Breakfast


Golden Orient and us

guests and execs
The event was a huge success. I was part of a panel of REALTORS! One from Vancouver, One from Toronto and then of course myself. We were presenting why move to our particular region. I must have done well because, the next day I spoke to 27 different families, all interested in getting more information about PEI! The first of these families arrive the end of this month!

Open House at 49 EARL DR. Sunday from 2 – 4 pm.



Cozy Family room
This 4+ bedroom 3 bath home is ideal for a growing family. All nice size bedrooms plus 2 main floor rooms that would be perfect for an in-law suite or home office! This is the perfect opportunity to view this lovely home and discover how peaceful and private this 1/2 acre property truly is. Only a five minute drive to the Hillsborough bridge and shopping this property is truly one of a kind!
Don’t forget to sign in for a chance to win a 40″ flat screen TV!




Don’t miss this chance to view a truly one-of-a-kind property. Located 10 minutes to the Charlottetown Mall, this lovely 4 bedroom, 2 bath updated older home is ideal to raise your family. Check it out from 2pm to 4pm and don’t forget to sign in for your chance to win a 40″ Flat Screen TV!