What are PEI's restrictions on farmland ownership?

The PEI Lands Protection Act limits non-resident ownership to 10 acres without approval. Corporations face stricter limits. These restrictions aim to preserve local ownership and prevent speculation, creating a more stable market for genuine farmers and investors.

Why is PEI famous for potatoes?

PEI's red soil, moderate climate, and island isolation (reducing disease pressure) create ideal potato-growing conditions. The province produces 25% of Canada's potatoes despite its small size. Seed potato production is particularly valuable.

Is PEI farmland a good investment?

For those willing to navigate ownership restrictions, PEI offers stable farmland investments with consistent rental demand and appreciation. The province's focused agricultural economy and strong potato markets provide predictable returns.

Farmland for Sale in Prince Edward Island

Prince Edward Island's rich red soil is perfect for potato production, making it Canada's potato capital. The island's small size and strong agricultural heritage create a tight-knit farming community with unique investment opportunities.

Available Farmland

580K+

Avg. Price per Acre

$6,800

Total Farmland

629,000 acres

Avg. Farm Size

338 acres

Prince Edward Island Farmland Market Overview

PEI farmland averages $6,800/acre with the highest values in central potato-growing regions. The province's Lands Protection Act restricts non-resident ownership, requiring approval for purchases over 10 acres. This creates a more stable, less speculative market.

Top Agricultural Products

• Potatoes
• Grain
• Dairy
• Vegetables

Growing Season

May to October

Active Farmland Listings in Prince Edward Island

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Featured

SOLD

Premium Potatoes Farm

Charlottetown, Prince Edward Island

$3,060,000$6,800/acre

450 acres

Potatoes

Established potatoes operation with modern infrastructure and excellent soil quality. Prime location in Charlottetown region.

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SOLD

Summerside Agricultural Land

Summerside, Prince Edward Island

$1,958,400$6,120/acre

320 acres

Mixed Use

Versatile farmland suitable for Potatoes, Grain, Dairy, Vegetables. Well-maintained property with good road access.

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SOLD

Investment Grade Grain Farm

Montague, Prince Edward Island

$4,787,200$7,480/acre

640 acres

Grain

Large-scale grain operation with proven yields and established tenant. Excellent cash flow opportunity.

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Showing 3 of 4 listings in Prince Edward Island

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Frequently Asked Questions About Prince Edward Island Farmland

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Farmland for Sale in Prince Edward Island

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Growing Season

Active Farmland Listings in Prince Edward Island

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