1.902.566.1900 | 94 Kent Street, Charlottetown, PEI | Site Map
We are a “boutique” Island Owned and Operated company that puts the emphasis on customer service.
When you list with us, our focus is on SELLING your property, not just putting up a sign and waiting for other agents to bring buyers. When you call a Blue Ocean Real Estate professional, we will meet with you at your home and do an overall analysis of your property, with everything from tips on how to ready it for the market, to how much you can realistically expect to have in your pocket when it does sell. We will work with you to develop the proper marketing strategy for your needs to bring a swift and satisfying real estate experience.
When you hire our services as a buyer agent, you can expect “top of the line” service with a professional that will work with you to build your specific profile with all your wants and needs. With this profile, we will assist you in finding the best home for your needs, negotiate the lowest possible price, secure the best financing, and meet your home buying needs with the least amount of hassle.
Whether you are a seller or a buyer, it pays to work with a professional like the agents at Blue Ocean Real Estate.
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 www.irac.pe.ca. 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 www.investincanada.ic.gc.ca.
Blue Ocean Real Estate is always available to discuss any of your questions. Feel ree to contact us at any time.
Adam O’Donnell Born and raised in Charlottetown, Adam prides himself on good customer relationships going beyond the completion of a transaction. Doing what it takes, he strives to make his clients’ lives easier throughout the process.
Having been born and raised on the Island, Adam can quickly find what you are looking for in your desired area and in a price range you are comfortable with. Whether you are searching out your dream home, down-sizing or just starting to look, Adam has the tools to do any task asked of him in a professional and timely manner.
He looks forward to being part of the most rewarding purchase of your life!
Cell: (902) 213-7653
Email: Send Adam An Email
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