118 Maple Avenue Charlottetown, Prince Edward Island C1A 6G4

$649,500

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:56351)

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https://www.realtor.ca/real-estate/27929918/118-maple-avenue-charlottetown-charlottetown