For Sale: 132 Mount Edward Road, Charlottetown, PE

About this home

Located in a highly convenient Charlottetown location, 132 Mount Edward Road offers excellent flexibility, strong rental appeal, and solid investment potential. Just a short walk to UPEI, this property is currently occupied by student tenants and has provided the current owner with a strong investment return. A new buyer may also have the opportunity to continue the existing rental setup and enjoy stable, attractive rental income. At the same time, the home offers great flexibility for owner-occupancy, as it could be easily converted back to its original layout with three bedrooms, a living room, and a den/office with only minimal changes. The front sunroom provides a warm and inviting space to enjoy natural sunlight during the winter months, while the rear porch offers a practical transition area for daily entry, shoes, coats, and storage. The second level features a separate shower room, as well as an additional room combining toilet and laundry functions; the lower level also includes a half bathroom. The exterior is equally practical, featuring a spacious backyard, a detached wired garage, and a long double driveway providing ample parking. Conveniently located near UPEI, private schools, shopping, public transit, and many local amenities, this property represents a rare opportunity in central Charlottetown, offering both residential comfort and investment value. In recent years, the current and previous owners have completed a number of important updates and improvements, including heat pumps, an electric hot water heater, a metal roof, and a new air exchange system, further enhancing the home?s comfort, functionality, and long-term value. All measurements are approximate and should be verified by the purchaser if deemed important. The property is currently rented to five students in five separate rooms, generating strong and steady rental income. (id:63626)

Listed by: Yan Ming (Edward) Zhang, ROYAL LEPAGE PRINCE EDWARD REALTY

Home facts and features

Price details

List Price

$379,000

Gross Taxes for 2026

$2,479

Home facts

Bedrooms

Full Bathrooms

Partial Bathrooms

Parking Details

Detached Garage

Property Type

House

Lot Size

8712 ft²

Depth

Year Built

Built in 1956 (70 yrs old)

Title

Freehold

Exterior Finish

Vinyl

Heating Type

Baseboard heaters, Radiant heat, Oil, Electric, Hot Water, Wall Mounted Heat Pump

Cooling

Air exchanger

Basement Details

Unfinished, Full

Features

Paved driveway

Appliances

Dryer, Microwave, Range - Electric, Refrigerator, Washer

Agent details

Primary Agent

Yan Ming (Edward) Zhang

Primary Broker

ROYAL LEPAGE PRINCE EDWARD REALTY

Listing details

Days on REW

28 Days

MLS® Number

202615640

Source

Canadian Real Estate Association

Board

Prince Edward Island Real Estate Association

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Property Insights

Schools nearby

10 Schools are within 2km

Sherwood Elementary School

n/a
K - 6

Parkdale Elementary School

n/a
K - 6

Provincial Adolescent School

n/a
7 - 12

Stonepark Intermediate School

n/a
7 - 9

Charlottetown Rural Senior High School

n/a
10 - 12

Immanuel Christian School

n/a
K - 9

Spring Park Elementary School

n/a
K - 6

Birchwood Intermediate School

n/a
7 - 9

Colonel Gray Senior High School

n/a
10 - 12

Prince Street Elementary School

n/a
K - 6

132 Mount Edward RoadCharlottetown, PE, C1A 5S9