A 38-year-old Charlottetown man faces charges of theft over $5,000 and possession of property obtained by crime after farm equipment was taken from the Cat dealership in Charlottetown, according to police.

Police said two tractors, a generator and a trailer worth about $60,000 were taken between 2011 and 2013.

Police received new information about the theft in December and searched a residence in Lake Verde, where Deputy Chief Gary McGuigan said the stolen tractors and generator were found.

He alleges the vehicles had been altered to make them look like a different make and model, making it difficult for investigators.

"The thing that made it hard for them to find is the tractors were disguised," said McGuigan. "So that was aggravating and that's why these tractors didn't stick out."

Charlottetown deputy police chief Gary McGuigan

Charlottetown Deputy Chief Gary McGuigan says the equipment was difficult to detect. (CBC)

The stolen trailer still hasn't been found.

The 38-year-old man is scheduled to appear in court on March 21.