1.5 acres for sale in Mermaid, PE
$869,000 · Mermaid, Queens County, Prince Edward Island · 5 km from Stratford
Advertised on Kijiji as “218 Richard Douglas Drive Mermaid, Prince Edward Island”
$869,000Asking price
1.5Acres
$579,333/acPrice per acre
Water mentionedWater
above marketAcreScout value check
- 517% above the median $93,902/ac for the 266 lots of similar size in Queens County.
- AcreScout's value model, which compares it with the nearest listings of similar size, rates it above market.
- No risk flags found in what we check (flood zones, wetland, access, taxes).
- Listed January 22, 2026.
- Internet: 50/10 Mbps or faster available within about 1 km (ISED National Broadband Data).
- Estimate the land transfer tax at this price.
See this listing on the map with its value score, risk details and the all-in cost for your buyer profile.
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Next steps
- Lawyer or notary. A real estate lawyer (a notary in Quebec) searches the title for liens, easements and rights-of-way and handles the transfer. Rural land carries more of these than a house in town.
Law Society of PEI: find a lawyer - Survey. Rural boundaries are often old or unmarked. A land surveyor shows where the lines really are, whether the access road crosses a neighbour's land, and how many acres you are buying.
Association of PEI Land Surveyors members - Well. Bare land rarely has a tested well. A licensed well contractor knows typical depths and yields nearby and what drilling costs.
Well contractor and driller licences - Septic. Without town sewer you need a septic system, and the soil has to suit one. Have a designer or installer look before you buy: poor soil can make a lot costly or impossible to build on.
PEI has no current public list of septic contractors (the last one is from 2022); ask your lawyer or the Province's environment department. - Financing and insurance. Most home lenders finance a house plus about 5 acres and want a bigger down payment on bare land. A licensed mortgage broker knows which lenders take land (credit unions and, for farm land, Farm Credit Canada). Arrange insurance before you take possession.
Mortgage regulators' licensing lookup (MBRCC) · PEI licensed insurance agents · PEI has no public register of mortgage brokers of its own.
PEI's Lands Protection Act: buying more than 5 acres or 165 ft of shore needs IRAC approval unless you are a citizen or permanent resident who has lived in PEI 365 of the last 24 months.
Official directories and regulators' searches, not recommendations; nobody pays us to be listed. Links checked October 1, 2026. Can I buy land here? covers ownership limits and taxes for your situation.
Similar-sized land in Queens County
| Listing | Price | Acres | Per acre | Water | Value |
|---|---|---|---|---|---|
| 1.5 acres on the ocean Saint Andrew's Parish |
$35,000 | 1.5 | $23,333/ac | Oceanfront | below market |
| 1.5 acres Stanchel |
$53,500 | 1.5 | $35,667/ac | below market | |
| 1.5 acres Blooming Pt |
$69,900 | 1.5 | $46,291/ac | near market | |
| 1.5 acres Charlotte Parish |
$89,900 | 1.5 | $61,575/ac | near market | |
| 1.5 acres Warren Grove |
$109,000 | 1.5 | $72,667/ac | below market | |
| 1.5 acres Orwell Cove |
$120,000 | 1.5 | $80,000/ac | above market | |
| 1.5 acres Greenvale |
$299,000 | 1.5 | $199,333/ac | above market | |
| 1.5 acres Alexandra |
$499,000 | 1.5 | $330,464/ac | above market |
109 listings near Stratford · All 572 listings in Queens County · Prince Edward Island