245 University Avenue Charlottetown, PE C1A 4M1
Listing Courtesy of: PRINCE EDWARD ISLAND / Listed By: Royal Lepage Country Estates 1985 Ltd

  245 University Avenue Charlottetown, PE C1A 4M1

Active (94 Days)
$793,819 (USD)
6
BED
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Description

Welcome to a rare investment opportunity in the heart of downtown Charlottetown, PEI. This mixed-use brick commercial/residential building offers strong potential for both investors and entrepreneurs alike. Included with the property is an additional R2-zoned lot, providing valuable flexibility for additional parking or future development. The property features an excellent walk score and a vacant commercial space ready for your vision and a little TLC. Whether youre looking to establish your own business while generating supplemental rental income, or expand your real estate portfolio with a versatile downtown asset, this property checks all the boxes. Sizes are approximate and should be verified by the purchaser.

MLS®:
202612243
Taxes
$6,595(2026)
Type
Multifamily
Year Built
1962

Listed By

Jeff Rodgerson, Royal Lepage Country Estates 1985 Ltd
Source
PRINCE EDWARD ISLAND
Last checked Aug 29 2026 at 2:46 AM EDT
Bathroom Details
Interior Features
  • Air Conditioning
Property Features
  • Foundation: Concrete
Heating and Cooling
  • Heat Pump -Ductless
  • Furnace
  • Radiant
Basement Information
  • Full
Flooring
  • Other
Exterior Features
  • Brick
  • Roof: Other
Utility Information
  • Sewer: Municipal
  • Fuel: Electric, Oil
Parking
  • Other
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Disclaimer: Copyright 2026 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 8/28/26 19:46

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