A Prince Edward County drive-in just sold for $1.25 million. Here's the new owners’ plan

News Room
By News Room 15 Min Read

One of Ontario’s last drive-in movie theatres has sold in Prince Edward County for $1.25 million, more than two years after it was first listed for sale.

The Mustang Drive-in PEC, which has been running since 1945, was originally listed for $1.6 million. The former owners had purchased the business in 2019 and spent years bringing it up to code, modernizing the business’ online presence, and putting together an operational guide. By 2023, they were ready to pass the baton, but didn’t want to sell the nine-acre land to a developer who might choose not to operate the theatre.

LIVING HERE NEWSLETTER

Get weekly dispatches from the front lines of one of the world’s wildest real estate markets.

You may unsubscribe at any time. By signing up, you agree to our terms of use and privacy policy. This site is protected by reCAPTCHA and the Google privacy policy and terms of service apply.

Share This Article
Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *