205 Water Street Summerside, PE C1N 1B4
Listing Courtesy of: PRINCE EDWARD ISLAND / Century 21 Northumberland Realty (1987) Ltd. / Ronald Barrett

  205 Water Street Summerside, PE C1N 1B4

Active (10 Days)
$429,900
5
BED
2
BATH
2,892
SQFT

Description

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. Dont 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!

MLS®:
202522262
Taxes
$2,514(2025)
Type
Single-Family Home
Year Built
1923
Style
Detached

Listed By

Ronald Barrett, Century 21 Northumberland Realty (1987) Ltd.
Source
PRINCE EDWARD ISLAND
Last checked Sep 13 2025 at 11:00 AM EDT
Bathroom Details
  • Full Bathroom: 1
  • Half Bathroom: 1
Lot Information
  • Cleared
Property Features
  • Foundation: Poured Concrete
Heating and Cooling
  • Hot Water
  • Radiator
Basement Information
  • Full
Flooring
  • Hardwood
  • Tile
Exterior Features
  • Other
  • Roof: Asphalt Shingle
Utility Information
  • Utilities: Electricity, High Speed Internet
  • Sewer: Septic
  • Fuel: Electric, Oil
Garage
  • Single
  • Detached
Parking
  • Exposed Aggregate
Stories
  • 3
Living Area
  • 2,892 sqft
Powered by Walk Score®
Disclaimer: Copyright 2025 Prince Edward Island Real Estate Association. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 9/13/25 04:00