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Home PE Greater Charlottetown Charlottetown Sherwood
118 Maple Avenue
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118 Maple Avenue $609,900
$609,900
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118 Maple Avenue
Charlottetown, Prince Edward Island C1A6G4

MLS® Number: 202517736
3 + 3
Bedrooms
2
Bathrooms

Listing Description

Income Potential Meets Prime Location This fully renovated 6 bedroom, 2 bath bungalow on a large corner lot in Sherwood is the rare opportunity buyers dream of. Set up as two fully self-contained 3 bedroom units, each with private entrances, laundry, heating, hot water, electrical, and even separate internet, this home offers incredible flexibility. Live in the vacant main floor while the lower unit helps pay your mortgage, rent both for strong cash flow, or run an AirBnB while you enjoy your own space. Zoning allows STRs if owner occupied. With strong rental history and peak-season short-term rates up to 325 per night, this property is as smart as it is stunning. Extensive upgrades include a steel roof, dual heating systems (ductless heat pump plus propane boiler), egress windows, new appliances, LED lighting, modern plumbing and shutoffs, 2 sheds, a 7-car driveway, and so much more. Located in a safe, quiet neighbourhood close to UPEI, schools, Royalty Crossing, grocery stores, and new sidewalks currently under construction, this home checks every box. Move in. Rent out. Cash in. Welcome to your future in Sherwood. (231128542)

Location Description

JUST OFF ROUTE 1 IN THE HEART OF SHERWOOD

Property Summary

Property Type
Single Family
Building Type
House
Community Name
Charlottetown
Title
Freehold
Land Size
0.295 ac|under 1/2 acre
Time on REALTOR.ca
16 days

Price and Sale History

Date Status Price
May 21, 2024 Sale Closed $438,800
Mar 26, 2003 Sale Closed $118,000

Building

Bedrooms
Above Grade
3
Below Grade
3
Bathrooms
Total
2
Partial
0
Interior Features
Appliances Included
Oven, Range, Stove, Dishwasher, Dryer, Washer, Refrigerator
Flooring
Carpeted, Laminate, Vinyl
Basement Type
Full (Finished)
Building Features
Features
Paved driveway
Foundation Type
Poured Concrete
Style
Detached
Architecture Style
Character
Rental Equipment
Propane Tank
Structures
Deck, Shed
Heating & Cooling
Heating Type
Baseboard heaters, Wall Mounted Heat Pump, (Electric), (Propane)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Vinyl
Neighbourhood Features
Community Features
Recreational Facilities, School Bus
Amenities Nearby
Golf Course, Park, Playground, Public Transit, Shopping

Measurements

Total Finished Area
2290 sqft

Rooms

MetricImperial
Main level
Living room
Dining room
Kitchen
Primary Bedroom
Bedroom
Bedroom
Bath (# pieces 1-6)
Lower level
Living room
Den
Bedroom
Bedroom
Bedroom
Eat in kitchen

Land

Lot Features
Landscape Features
Landscaped
Data provided by: Prince Edward Island Real Estate Association Unit L100 - 3 Lower Malpeque Road, Charlottetown, Prince Edward Island C1E 1R4

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