221-223 Water Street Summerside, PE
$ 2,000,000
Property Attributes
  • MLS#202018795
  • TypeCommercial
  • CitySummerside
  • AreaSummerside
  • Postal CodeC1N 1B4
  • Style
  • Price$ 2,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage12195
Listing Provided Courtesy Of:
Century 21 Northumberland Realty
Property Description

Investments, here is the opportunity. 20 furnished micro suites feature a unique loft area that opens to living area below. The property presently has year round rentals. Many upgrades. A complete package is available. there is an 8% cap rate at this price. Excellent condition being in the center of the city and close to the water. Unique opportunity.

Price History
9/14/2020 Listed $2,370,000
11/24/2020 16% - $2,000,000

General Features

Building Features Wheelchair Accessible
Construction Steel Frame
Fire Protection Smoke Detector, Sprinkler
Garage no
Listing Type Commercial
Parking no
Property Sub Type Other
Subtype Residential Units
Terms SALE
Water Source Municipal
Wheel Chair Access no

Interior Features

Fireplace no
Flooring Concrete
Fuel Type Electric
Heating/Cooling Type Heat Pump -Ductless

Exterior Features

Lot Size .42
Pool Y/N no
Property Size Under 0.5 Acres
Roof Tar/Gravel


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Postal Code Average in C1N 1B4

AVG 44
Year Built
AVG 1982
AVG 62
Data Provided by Walkscore ® not using MLS data

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