Prince Edward Island

Buy and sell real estate properties in PEI with these easy-to-use Prince Edward Island Real Estate Forms. Affordable and fully editable.


Non-residents of Prince Edward Island can buy real estate on the Island but there are some restrictions. In general, you can purchase property that is 5 acres or less in size, and up to 165 feet of water frontage. Anything over those limits will require government approval.

Housing prices in PEI tend to be far below the national average. In 2010, the average price of a home in PEI was just under $160,000, while the national average across Canada was about $330,000. The province collects a 1% Real Property Transfer Tax, which is tacked onto the selling price. First-time home buyers are exempt from this tax.
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PEI Declaration of Residency

Are you selling real estate property on Prince Edward Island?

You will need to provide the purchaser with this Declaration of Residency in order to fulfill the residency requirement of the Income Tax Act (Canada). Download the free MS Word template, fill it in and print it out.
Free

PEI GST Exemption Certificate for Sale of Real Property

If you are selling real estate property in Prince Edward Island, you will need to provide the purchaser with this GST Exemption Certificate for Sale of Real Property.

The seller of the property certifies that the property is a residential property being resold within the meaning of the Excise Tax Act, and that the seller has not claimed an input tax credit.

The PEI GST Exemption Certificate for Sale of Real Property is a free form provided in MS Word f.....
Free

PEI Real Estate Purchase & Sale Agreement

Buy and sell real estate property in the Province of Prince Edward Island with this Offer to Purchase & Agreement of Purchase & Sale of Real Property.

  • The vendor (seller) is responsible for paying out and discharging any existing financial encumbrances on title to the property which are not being assumed by the purchaser.
  • The purchaser is responsible for paying the costs of arranging new mortgage financing (if applicable) and the costs of conveyance of the t.....
$12.49