Sisters of St. Martha looking over proposals for property

Staff ~ The Guardian
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The Sisters of St. Martha will take at least one month to ponder proposals to purchase their long-time home and 14 acres of prime real estate in Charlottetown.
Congregation leader Sr. Rosemary MacDonald says the holy order is pleased with the number of proposals that were received by the March 4 deadline.
She says a decision as to which, if any, proposal is accepted will most likely take more than one month.
The congregation's dwindling numbers led to the decision to sell the building, which has been home for many sisters for over 45 years.
The building, simply known as The Mount, was constructed at a cost of
$1.3 million and opened in 1964.
MacDonald says the four-storey building with approximately 8,100 square metres of space is structurally sound.
In addition to the building, the Sisters of St. Martha are selling 14 acres of their 45-acre property, including land that runs along the Confederation Trail next to UPEI.
MacDonald would not say how many proposals were received or who the bidders are.
UPEI has also declined comment as to whether it is interested in purchasing property from the Sisters of St. Martha.

Geographic location: Charlottetown

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