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.
For sale
Price cut: C$25K (9/22)
C$574,900
118 Maple Ave, Charlottetown, PE C1A 6G5
6beds
2,290sqft
Single Family Residence
Built in ----
0.3 Acres Lot
$-- Zestimate®
C$251/sqft
C$-- HOA
What's special
Corner lotLarge corner lotPrivate entrancesHot waterSeparate internetSteel roofDual heating systems
- 149 days |
- 19 |
- 0 |
Zillow last checked: 8 hours ago
Listing updated: December 01, 2025 at 06:54am
Listed by:
Christopher Bentley,PEI - Sales,
CENTURY 21 NORTHUMBERLAND REALTY
Source: Prince Edward Island REA,MLS®#: 202517736
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 3
Rooms
- Room types: Living Room, Dining Room, Kitchen, Primary Bedroom, Bedroom, Bath 1, Den/Office
Primary bedroom
- Level: Main
- Area: 168
- Dimensions: 14 x 12
Bedroom 1
- Level: Main
- Area: 120
- Dimensions: 12 x 10
Bedroom 2
- Level: Main
- Area: 110
- Dimensions: 11 x 10
Bedroom 3
- Level: Lower
- Area: 192
- Dimensions: 16 x 12
Bedroom 4
- Level: Lower
- Area: 119.97
- Dimensions: 12.9 x 9.3
Bedroom 5
- Level: Lower
- Area: 107.07
- Dimensions: 12.9 x 8.3
Bathroom 1
- Level: Main
- Area: 49
- Dimensions: 7 x 7
Dining room
- Level: Main
- Area: 96
- Dimensions: 12 x 8
Kitchen
- Level: Main
- Area: 270
- Dimensions: 22.5 x 12
Living room
- Level: Main
- Area: 252
- Dimensions: 18 x 14
Office
- Level: Lower
- Area: 81.27
- Dimensions: 12.9 x 6.3
Heating
- Baseboard, Ductless
Appliances
- Included: Glass Cooktop, Oven, Range, Stove, Dishwasher, Dryer, Washer, Refrigerator
Features
- Secondary Suite, Eat In Kitchen
- Flooring: Carpet, Laminate, Vinyl
- Basement: Full,Finished
Interior area
- Total structure area: 2,290
- Total interior livable area: 2,290 sqft
- Finished area below ground: 945
Property
Parking
- Total spaces: 2
- Parking features: Double, Paved, None, No Garage
- Details: Parking Details(Paved - Fits 7 Vehicles)
Features
- Patio & porch: Deck
Lot
- Size: 0.3 Acres
- Dimensions: 0.295
- Features: Landscaped, Under 0.5 Acres
Details
- Additional structures: Shed(s)
- Parcel number: 452342
- Zoning: RESIDENTIAL
- Other equipment: Fuel Tank(s)
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Metal
Condition
- New construction: No
Utilities & green energy
- Sewer: Municipal
- Water: Municipal
- Utilities for property: Cable Connected, Electricity Connected, High Speed Internet, Phone Connected, Electric, Propane
Community & HOA
Community
- Features: Golf, Park, Playground, Near Public Transport, Recreation Center, School Bus Service, Shopping, Marina, Place of Worship, Beach
Location
- Region: Charlottetown
Financial & listing details
- Price per square foot: C$251/sqft
- Tax assessed value: C$303,400
- Annual tax amount: C$5,504
- Date on market: 7/16/2025
- Inclusions: Electric Stove, Glasstop Stove, Range Hood X 2, Fridge X 2, Dishwasher, Washer X 2, Dryer X 2
- Exclusions: All Personal Belongings
- Income includes: Rent Only
- Electric utility on property: Yes
Christopher Bentley,PEI - Sales
(902) 598-6070
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Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/22/2025 | Price change | C$574,900-4.2%C$251/sqft |
Source:  Prince Edward Island REA #202517736 Report a problem | ||
| 8/14/2025 | Price change | C$599,900-1.6%C$262/sqft |
Source: Prince Edward Island REA #202517736 Report a problem | ||
| 7/16/2025 | Listed for sale | C$609,900C$266/sqft |
Source: Prince Edward Island REA #202517736 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.Climate risks
Neighborhood: C1A
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.
Schools provided by the listing agent
- Elementary: Sherwood Elementary School
- Middle: Stonepark Intermediate School
- High: Charlottetown Rural Senior High School
Source: Prince Edward Island REA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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