For Sale: 2 Ambrose Street, Charlottetown, PE

About this home

Steeped in history and architectural grandeur, this iconic 1897 landmark estate?originally crafted by master builder Donald MacKinnon?offers a rare multi-unit investment opportunity in Charlottetown?s most prestigious neighborhood. Located in the heart of Brighton, just steps from the scenic vistas of Victoria Park and the vibrant energy of downtown, this meticulously maintained property spans approximately 8,500 square feet of luxury living space across four upscale, fully rented suites (totaling 14 bedrooms and 13.5 bathrooms).The Main Floor Suite features a grand two-bedroom layout, where both bedrooms enjoy private ensuites. The space is defined by stately high ceilings, classic crown mouldings, historic pillars, and expansive windows that flood the rooms with natural light. The Upper-Level Suites (Second & Third Floors) are Two exceptional, side-by-side, two-story suites designed for premium comfort one suite offers 3 bedrooms, 2 ensuites, and a full guest bathroom, another suite offers 4 bedrooms, both suites open up to expansive, private wrap-around balconies overlooking the pristine green spaces across the street. The Carriage House Suite is striking two-story detached-style unit featuring 4 bedrooms, 3 ensuites, and an additional guest bathroom?offering excellent privacy and charm. Each of the four self-contained suites features high-end modern appliances, a fully equipped gourmet kitchen, and dedicated in-suite laundry facilities. Major capital improvements include a high-efficiency furnace installed in 2017 and a complete roof replacement in 2020. Currently operating with a strong, stable income stream from long-term tenants, the property also boasts incredible adaptive reuse potential. The estate is uniquely primed for a potential conversion into a boutique inn. To assist with your vision, architectural design drawings for the conversion will be made available to prospective purchasers upon an accepted offer. Current property taxes r (id:63626)

Listed by: Eva Clow, ROYAL LEPAGE PRINCE EDWARD REALTY

Home facts and features

Price details

List Price

$1,980,000

Gross Taxes for 2026

$21,914

Home facts

Bedrooms

Full Bathrooms

Parking Details

Parking Space(s)

Property Type

Multifamily

Lot Size

11325 ft²

Depth

Title

Freehold

Heating Type

Baseboard heaters, Oil, Electric, Radiator, Hot Water, Furnace

Basement Details

Unfinished, Full

Features

Balcony, Cable TV, Fireplace(s), Laundry Facility

Appliances

Dishwasher, Dryer - Electric, Microwave, Oven - Electric, Oven - Propane, Range - Electric, Refrigerator, Stove, Washer, Washer/Dryer Combo

Agent details

Primary Agent

Eva Clow

Primary Broker

ROYAL LEPAGE PRINCE EDWARD REALTY

Listing details

Days on REW

11 Days

Property Views

MLS® Number

202617399

Source

Canadian Real Estate Association

Board

Prince Edward Island Real Estate Association

Is this your listing? Help it to stand out.

Mortgage Calculator

The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

Property Insights

Schools nearby

10 Schools are within 2km

St. Jean Elementary School

n/a
K - 6

Montessori School Of Charlottetown

n/a
K - 6

West Kent Elementary School

n/a
K - 6

L. M. Montgomery Elementary School

n/a
K - 6

Queen Charlotte Intermediate School

n/a
7 - 9

Colonel Gray Senior High School

n/a
10 - 12

Prince Street Elementary School

n/a
K - 6

Spring Park Elementary School

n/a
K - 6

Birchwood Intermediate School

n/a
7 - 9

Immanuel Christian School

n/a
K - 9

2 Ambrose StreetCharlottetown, PE, C1E 3N9