For Sale: 245 University Avenue, Charlottetown, PE - REW
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$1,100,000
0 bd • ba • sf • Multifamily
245 University Avenue
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$1,100,000

245 University AvenueCharlottetown, PE, C1A 4M1

  • 0 Bed
  • Bath
  • Sqft
  • Multifamily

About this home

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. (id:63626)
Listed by: Jeff Rodgerson, ROYAL LEPAGE COUNTRY ESTATES 1985 LTD

Home facts and features

Price details
List Price
$1,100,000
Gross Taxes for 2026
$6,595
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Multifamily
Lot Size
0 ft²
Depth
Year Built
Built in 1962 (64 yrs old)
Title
Freehold
Heating Type
Radiant heat, Oil, Electric, Wall Mounted Heat Pump, Furnace
Cooling
Air Conditioned
Basement Details
Full
Features
Air Conditioning
Appliances
Microwave, Oven, Refrigerator
Agent details
Primary Agent
Primary Broker
ROYAL LEPAGE COUNTRY ESTATES 1985 LTD
Listing details
Days on REW
17 Days
MLS® Number
202612243
Source
Canadian Real Estate Association
Board
Prince Edward Island Real Estate Association
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Mortgage Calculator

Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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

Prince Street Elementary School
  • n/a
  • K - 6
St. Jean Elementary School
  • n/a
  • K - 6
L. M. Montgomery Elementary School
  • n/a
  • K - 6
Montessori School Of Charlottetown
  • n/a
  • K - 6
Birchwood Intermediate School
  • n/a
  • 7 - 9
Colonel Gray Senior High School
  • n/a
  • 10 - 12
Immanuel Christian School
  • n/a
  • K - 9
Queen Charlotte Intermediate School
  • n/a
  • 7 - 9
Spring Park Elementary School
  • n/a
  • K - 6
West Kent Elementary School
  • n/a
  • K - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Jeff Rodgerson
Phone:
(902) 315-1190
Office:
902-436-9251
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This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.