Central Street

For Sale New 5 Days
$1,299,900
5.59 Acre

Central Street

For Sale New 5 Days
$1,299,900
5.59 Acre

Highlights

Key insights

Description

  • Land value ($/Acre)
    $233K/Acre
  • Time on Houseful
    new 5 days
  • Property type
    Vacant land
  • Lot size
    5.59 Acres
  • Mortgage payment

An exceptional opportunity awaits developers and investors with this expansive 5.59-acre R4-zoned parcel ideally located in the heart of uptown Summerside. Boasting 450 feet of frontage on busy Central Street, this high-visibility property sits directly behind the Toyota dealership?placing it in one of the city's most active and high-traffic corridors. With R4 zoning in place, the site offers incredible potential for a high-density residential development?preliminary concepts suggest a minimum of 300 units could be approved, subject to design and footprint. Its size, location, and zoning flexibility make it an ideal candidate for apartment buildings, condo complexes, or mixed-use residential projects. Just steps from a full range of amenities, future tenants will enjoy walkable access to restaurants, retail, banking, and essential services?everything needed for both work and leisure. This is one of the few large-scale parcels remaining in this bustling part of the city, making it a rare and highly desirable investment. Don't miss your chance to be part of Summerside's growing urban landscape with a development site that checks every box for location, visibility, and potential. (id:63267)

Nicolle Morrison of CENTURY 21 NORTHUMBERLAND REALTY,
#202526001
updated 5 days ago.
Houseful checked MLS® for data 5 days ago.

Home overview

Amenities / Utilities
  • Sewer/ septic
    Municipal sewage system
Location
  • Subdivision
    Summerside
Lot/ Land Details
  • Lot dimensions
    5.59
Overview
  • Lot size (acres)
    5.59
  • Listing #
    202526001
  • Property sub type
    Land
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28998370/central-street-summerside-summerside
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-3,466

/ Month
25 Years fixed, 20% down payment, % interest
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