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178 Central Street, Summerside, PE, C1N 4H8

MLS® # 202422302
Investment For Sale In Summerside, Prince Edward Island
$199,900 QuickQuoteTM: Not Available
178 Central Street, Summerside, PE
178 Central Street, Summerside, PE
178 Central Street, Summerside, PE
178 Central Street, Summerside, PE
178 Central Street, Summerside, PE
178 Central Street, Summerside, PE
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178 Central Street, Summerside, PE, C1N 4H8
$199,900

Property Information:

Opportunity Knocks in Summerside! This 4-unit apartment building, located just blocks from the waterfront and within walking distance to Holland College, offers incredible potential for the savvy investor. Featuring two 1-bedroom units and two 2-bedroom units, this property is currently fully rented and profit generating. While it could benefit from some cosmetic TLC, the bones of the building are solid, making it a prime opportunity for those looking to add value. Whether you’re an experienced investor looking to expand your portfolio or a DIYer with a keen eye for value, this property is priced for profit and future potential. This is your chance to tap into a growing downtown core, surrounded by schools, parks, cafes, shops, and restaurants, with everything within walking distance. Will you be the one to unlock the hidden value here? All measurements are approximate and should be verified by the purchaser. Additional photos to be posted soon.

Property Features:

  • Built in: Y
  • Lot Size: 0.06
  • Title to Land: Freehold

Data provided by: Nova Scotia Association of REALTORS® 68 Highfield Park Drive, Suite 112, Dartmouth, Nova Scotia B3A 0E4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Location of 178 Central Street, Summerside, PE, C1N 4H8

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

34 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

34 hot days expected in 2050

42/100

Moderate

ClimateCheck®

Current data

This property, 178 Central Street , experiences 7 hot days per year at around 27.6 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 30.7 degrees Celsius.

Projected Avg. Temperature

Past
27.6℃
2050
30.7℃

# Hot Days Per Year

Past
7
2050
34

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

67/100

Moderate-High

ClimateCheck®

Current data

This property, 178 Central Street , experiences 11 significant 2-day storms per year, with about 344.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 441.9mm of precipitation per year.

Precipitation Per Storm

Past
344.5mm
2050
441.9mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 178 Central Street, Summerside, PE, C1N 4H8

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$95,625.03

Average Number of Children

1.63

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.02 %

High school certificate or equivalent

32.37 %

Apprenticeship trade certificate/diploma

6.25 %

College/non-university certificate

26.99 %

University certificate (below bachelor)

0.26 %

University Degree

15.11 %

Commuter

Travel To Work

By Car

90.44 %

By Public Transit

0.0 %

By Walking

5.85 %

By Bicycle

0.0 %

By Other Methods

3.71 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

17.94 %

Houses

82.06 %

Own Vs. Rent