$649,500
FOR SALE

Detached Character

Bedrooms: 3+3Bathrooms: 2

118 Maple Avenue
Charlottetown, PE C1A 6G4

Welcome to 118 Maple Avenue, an exceptional property nestled on an extra-large corner lot in the heart of Charlottetown's Sherwood neighborhood. This versatile and well manicured property has undergone extensive renovations and updates within recent months (detailed list available upon request). The property boasts over 2,200sqft of living space, across 2 self contained (upper & lower level) living spaces, both of which are currently tenanted. The upper level boats a large & bright open concept living/dining room area, 2 large sized bedrooms, an extra large master bedroom (with his & her's closets), and washroom. Similarly, the lower level also offers the convenience of 3 additional bedrooms (one of which with an adjoining office space, and another master bedroom with large closet space and sliding barn doors), full kitchen, in-unit private laundry/storage room, and unfinished utility room (great for additional storage). Both levels have their own fully separated electrical systems (ie. Independent breaker panels, meters, etc), separate domestic hot water systems (with brand new tanks), and independent heating systems (24,000btu electric heating on the upper level, and new high efficiency propane tankless on demand rads in the lower level) as well as their own dedicated exterior entrances which each open up to their own small private decks. Along with a paved 7 car driveway, new steel roof (installed in 2023) and lengthy list of additional upgrades, this is versatile property can be utilized as lucrative rental property (currently tenanted with attractive net revenues; financials available upon request), or owner occupied while you live on one level, and rent / Air BnB the other to help offset your monthly mortgage payment!); both options guarantee to be a sound investment, in a beautiful neighbourhood conveniently within close proximity to amenities such as schools, Royalty Crossing Mall, UPEI, restaurants, multiple T3 Tran (id:47421)
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Listed By RE/MAX CHARLOTTETOWN REALTY
Data Provided By Prince Edward Island Real Estate Association
MLS® Listing Number 202503185
Last Updated Feb 20, 2025
Property Summary
Property Type Detached

More like this:
Community Charlottetown
Price History

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Detailed Information
Bedrooms 3+3
Bathrooms 2
Amenities Nearby Golf Course, Park, Playground, Public Transit, Shopping
Community Features Recreational Facilities, School Bus
Equipment Propane Tank
Features Paved driveway
Listing Contract Date 2025-02-19
Municipal ID 452342
Ownership Type Freehold
Property Type Single Family
Rental Equipment Propane Tank
Structures Deck, Shed
Transaction Type For sale
Building
Appliances Oven, Range, Stove, Dishwasher, Dryer, Washer
Architectural Style Character
Basement Development Finished
Basement Type Full (Finished)
Constructed Date 1975
Construction Style (Attachment) Detached
Exterior Finish Vinyl
Flooring Type Carpeted, Laminate, Vinyl
Foundation Type Poured Concrete
Heating Fuel Electric, Propane
Heating Type Baseboard heaters, Wall Mounted Heat Pump
Total Finished Area 2290 sqft
Type House
Utility Water Municipal water
Rooms
Room Level Dimensions Notes
Living roomLower level10 x 13
BedroomLower level12 x 12
Living roomLower level10 x 13
Living roomMain level18 x 14
Dining roomMain level8 x 12
KitchenMain level22.5 x 12
Primary BedroomMain level14 x 12
BedroomMain level12 x 10
BedroomMain level10 11
Bath (# pieces 1-6)Main level7 x 7
Land
Total Size 0.295
Amenities Golf Course, Park, Playground, Public Transit, Shopping
Landscape Features Landscaped
Sewer Municipal sewage system
Size of Irregular Land 0.295

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

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