CAPECharlottetownSherwood132 Mount Edward Rd

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132 Mount Edward Rd, Charlottetown, PE

Name: 132 Mount Edward Rd, For Sale in Charlottetown - eXp Realty
Brand: ROYAL LEPAGE PRINCE EDWARD REALTY
SKU: 202615640
Price: 359000 CAD

House

For Sale

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320

MLS® 202615640

Property Details
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Description

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:58753)Show Description

Key Facts

Type Single Family Residence

Levels Residential

Size 1613 sqft

Garage Yes

Taxes $2,479

Days Active 40

Lot Size 0.2 Acres

Approx. Age 1956

Avg. Price Per Sqft $222

MLS® Number 202615640

Central VacNo

FireplaceNo

GarageYes

Approx. Age1956

BasementUnfinished, Full

DrivewayDetached Garage

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

A/CAir exchanger

Additional Information

Siding Vinyl Siding

Sewage System Public Sewer

Landscaping Paved driveway

Price History

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