Exceptional 1.43-Acre Development Opportunity with Rental Income – Heart of Charlottetown! Presenting a rare investment opportunity in vibrant Charlottetown — 1.43 acres of prime land ready for development, complete with a 2-storey residential rental property. This ideally located parcel offers easy access to major traffic routes, making it perfect for investors, developers, or entrepreneurs looking to capitalize on a high-potential area. Key Features: • Two-storey house currently generating rental income • Ample space for customization to suit your vision • Proximity to local amenities and key infrastructure Whether you're expanding your portfolio or launching a new project, this property checks all the boxes for a profitable venture. Don’t miss out — contact us today to explore how this property can elevate your investment goals! Note: Square footage is estimated and should be independently verified.
For sale
C$2,500,000
629 University Ave, Charlottetown, PE C1E 1E5
3beds
2,767sqft
Single Family Residence
Built in ----
1.43 Acres Lot
$-- Zestimate®
C$904/sqft
C$-- HOA
What's special
- 42 days
- on Zillow |
- 74 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: July 28, 2025 at 07:49am
Listed by:
Ann Worth,PEI - Sales,
RE/MAX CHARLOTTETOWN REALTY
Source: Prince Edward Island REA,MLS®#: 202515715

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Rooms
- Room types: Living Room, Dining Room, Kitchen, OTHER, Sun Room, Primary Bedroom, Bedroom, Bath 1, Bath 2, Den/Office, Storage
Primary bedroom
- Level: Second
- Area: 161
- Dimensions: 14 x 11.5
Bedroom 1
- Level: Second
- Area: 120.75
- Dimensions: 11.5 x 10.5
Bedroom 2
- Level: Second
- Area: 88
- Dimensions: 11 x 8
Bathroom 1
- Level: Second
- Area: 88
- Dimensions: 11 x 8
Bathroom 2
- Level: Second
- Area: 41.25
- Dimensions: 5.5 x 7.5
Dining room
- Level: Main
- Area: 130
- Dimensions: 10 x 13
Kitchen
- Level: Main
- Area: 130
- Dimensions: 13 x 10
Living room
- Level: Main
- Area: 204
- Dimensions: 17 x 12
Office
- Level: Basement
- Area: 144
- Dimensions: 12 x 12
Heating
- Radiant, Other Heating/Cooling
Cooling
- Other Heating/Cooling
Appliances
- Included: None
Features
- Flooring: Hardwood, Laminate
- Basement: Partially Finished
Interior area
- Total structure area: 2,767
- Total interior livable area: 2,767 sqft
- Finished area below ground: 759
Property
Parking
- Total spaces: 1
- Parking features: Parking Spaces(s), Paved, Attached, Single, Garage
- Attached garage spaces: 1
- Details: Garage Details(Attached Single Car)
Features
- Levels: Two
Lot
- Size: 1.43 Acres
- Dimensions: 1.43
- Features: Cleared, Not Landscaped, 1 to 2.99 Acres
Details
- Additional structures: Shed(s)
- Parcel number: 387894
- Zoning: Residential
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block
- Roof: Asphalt
Utilities & green energy
- Sewer: Municipal
- Water: Municipal
- Utilities for property: Electricity Connected, High Speed Internet, Phone Connected, Electric, Oil
Community & HOA
Community
- Features: Park, Playground, Near Public Transport, School Bus Service, Shopping
Location
- Region: Charlottetown
Financial & listing details
- Price per square foot: C$904/sqft
- Tax assessed value: C$360,700
- Date on market: 6/25/2025
- Electric utility on property: Yes
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