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Renanza Realty
For sale

245 University Avenue

Charlottetown, Prince Edward Island

MLS® 202612243

$1,100,000

Status
Active
Property type
Multi-family
MLS® number
202612243
Bedrooms
Bathrooms
Year built
1962

Listing description

Welcome to a rare investment opportunity in the heart of downtown Charlottetown, PEI. This mixed-use brick commercial/residential building offers strong potential for both investors and entrepreneurs alike. Included with the property is an additional R2-zoned lot, providing valuable flexibility for additional parking or future development.

The property features an excellent walk score and a vacant commercial space ready for your vision and a little TLC. Whether you? re looking to establish your own business while generating supplemental rental income, or expand your real estate portfolio with a versatile downtown asset, this property checks all the boxes.

Sizes are approximate and should be verified by the purchaser.

Property summary

MLS® number
202612243
Property type
Multi-family
Building type
Apartment
Title
Freehold
Land size
0.13
Built in
1962
Annual property taxes
$6,595.00
Parking
Other
Days on market
100 days

Features & details

Heating
Radiant heat, Oil, Electric, Wall Mounted Heat Pump, Furnace
Cooling
Air Conditioned
Basement
Full
Flooring
Other
Appliances
Refrigerator, Oven, Microwave
Community features
School Bus

What would this home cost you?

Based on the $1,100,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$5,118 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of ROYAL LEPAGE COUNTRY ESTATES 1985 LTD, SUMMERSIDE.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.

245 University Avenue, Charlottetown, Prince Edward Island — For Sale | Renanza