
House For Sale
$499,900
MLS® Number: 202606693
Bedrooms
6
Bathrooms
2
Year Built
1974
House For Sale
$499,900
Bedrooms
6
Bathrooms
2
Year Built
1974
118 Maple Avenue, Charlottetown, Prince Edward Island
About This Property
Income Potential Meets Prime Location with a cap rate of 8.2% Welcome to 118 Maple Avenue, a solid and versatile two unit property located in Sherwood, one of Charlottetowns most sought after neighbourhoods. Known for its quiet streets, strong community feel, and unbeatable convenience, this location offers quick access to Royalty Crossing shopping, UPEI, downtown Charlottetown, the airport, and major commuter routes. This well designed property features two completely separate three bedroom units, making it an outstanding opportunity for homeowners, investors, or multi generational living. Each unit is fully self contained with separate entrances and completely independent utilities, allowing for true separation, flexibility, and ease of ownership. The upper unit is currently vacant, providing immediate options for a new owner to move in, generate rental income, or design the space to suit their needs. Bright and spacious, it offers a comfortable layout with generous living areas and three full bedrooms. The lower unit is occupied by long term tenants, offering instant income and stability for investors or those looking to offset their mortgage from day one. Whether your vision is to live in one unit while earning rental income, add a strong cash flowing property to your portfolio, or secure a home that adapts to future family needs, this property delivers exceptional versatility. The clear separation between units, combined with the desirable Sherwood location, makes this a rare and valuable offering in todays market. With proximity to schools, shopping, restaurants, parks, and all major amenities, 118 Maple Avenue offers not just a property, but a lifestyle rooted in convenience and long term value. Opportunities like this in Sherwood do not come along often. 118 Maple Avenue is a smart, flexible investment and a home with possibilities limited only by your imagination.
Property Details
Interior Details
Appliances
Washer, Refrigerator, Dishwasher, Stove, Range, Oven, Dryer
Basement
Finished, Full
Bathrooms Partial
0
Bathrooms Total
2
Bedrooms Total
6
Flooring
Laminate, Carpeted, Vinyl
Heating
Baseboard heaters, Electric, Propane, Wall Mounted Heat Pump
Building & Exterior
Architectural Style
Other
Exterior Features
Vinyl
Foundation Details
Poured Concrete
Year Built
1974
Land & Location
City Region
Charlottetown
Community Features
School Bus, Recreational Facilities
Lot Features
Paved driveway
Lot Size Dimensions
0.295 acres
Parcel Number
452342
Postal Code
C1A6G4
Listing & Financials
Listing Office
CENTURY 21 NORTHUMBERLAND REALTY
Originating System Name
Prince Edward Island Real Estate Association
Other Specifications
Common Interest
Freehold
Country
Canada
Listed By
CENTURY 21 NORTHUMBERLAND REALTY
Mortgage Calculator
Estimated Monthly Payment
$2,456
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$2,456
Principal and interest only. Actual rates may vary.