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205 Water Street, Summerside, PE, C1N 1B4

MLS® # 202522262
House For Sale In Summerside, Prince Edward Island
$429,900 QuickQuoteTM: Not Available

5 Beds

2 Baths

205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
205 Water Street, Summerside, PE
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205 Water Street, Summerside, PE, C1N 1B4
$429,900

5 Beds

2 Baths

Property Information:

Discover the potential of 205 Water Street in the heart of downtown Summerside, PEI! This versatile property features a spacious 5-bedroom residence above, ready for your personal touch, alongside two thriving commercial rentals on the main level. With current tenants already in place, this is an ideal opportunity for those looking to live in the vibrant downtown area while running a business or managing rental income. The residential space has new windows and updated electrical, with some cosmetic renovations already started in the bathroom, waiting for your finishing touches. Imagine the possibilities of a weekly rental above, combined with established commercial leases below. Don’t miss your chance to invest in a prime location on the Main Street of PEI's second-largest city .Lot goes street to street —opportunities like this are rare and endless!

Property Features:

  • Bedrooms: 5
  • Bathrooms: 2
  • Annual Tax Amount: $2,513
  • Appliances Included: Stove, Washer
  • Basement: Full
  • Building Style: 2.5 Storey
  • Built in: 1923
  • Driveway/Parking: Exposed Aggregate
  • Exterior Finish: Other
  • Floor Space (approx): 2892 Square Feet
  • Flooring: Hardwood, Tile
  • Foundation: Concrete
  • Fuel Type: Electric, Oil
  • Heating/Cooling Type: Hot Water, Radiator
  • Land Features: Cleared
  • Lot Size: 0.10
  • Property Size: Under 0.5 Acres
  • Rental Equipment: None
  • Roof: Asphalt Shingle
  • Sewage Disposal: Septic
  • Structures: Deck
  • Title to Land: Freehold
  • Utilities: Electricity, High Speed Internet
  • Water Source: Municipal
  • Garage: Detached, Single

Rooms:

  • Other 2nd Level Back Entry 13.11 x 14
  • Kitchen 2nd Level 14 x 14.6
  • Other 2nd Level Hall 7 x 25
  • Living 2nd Level 18.4 x 13.6
  • Bedroom 2nd Level 18.4 x 12
  • Kitchen 2nd Level 9 x 14
  • Bedroom 3rd Level 12 x 14
  • Bedroom 3rd Level 9 x 14
  • Bedroom 3rd Level 10 x 11
  • Bedroom 3rd Level 7 x 15
  • Other Main Level Store 18 x 30
  • Other Main Level Store 17 x 20
  • Bathroom 3rd Level 8 x 10
  • Bathroom Main Level 4 x 4

Courtesy of: CENTURY 21 NORTHUMBERLAND REALTY

Data provided by: Nova Scotia Association of REALTORS® 68 Highfield Park Drive, Suite 112, Dartmouth, Nova Scotia B3A 0E4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Market Price Trends

Single family detached

1.35%

Price change (1 year)

57.27%

Price change (5 years)

All Properties

1.35%

Price change (1 year)

57.27%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 205 Water Street, Summerside, PE, C1N 1B4

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

34 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

34 hot days expected in 2050

42/100

Moderate

ClimateCheck®

Current data

This property, 205 Water Street , experiences 7 hot days per year at around 27.6 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 30.7 degrees Celsius.

Projected Avg. Temperature

Past
27.6℃
2050
30.7℃

# Hot Days Per Year

Past
7
2050
34

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

67/100

Moderate-High

ClimateCheck®

Current data

This property, 205 Water Street , experiences 11 significant 2-day storms per year, with about 344.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 441.9mm of precipitation per year.

Precipitation Per Storm

Past
344.5mm
2050
441.9mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 205 Water Street, Summerside, PE, C1N 1B4

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$81,502.95

Average Number of Children

1.52

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.78 %

High school certificate or equivalent

35.5 %

Apprenticeship trade certificate/diploma

5.37 %

College/non-university certificate

26.64 %

University certificate (below bachelor)

1.88 %

University Degree

11.85 %

Commuter

Travel To Work

By Car

84.84 %

By Public Transit

0.0 %

By Walking

13.7 %

By Bicycle

0.0 %

By Other Methods

1.46 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

41.86 %

Houses

58.14 %

Own Vs. Rent

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