169 Dorchester Street - Photo 1 of 38, Charlottetown, Prince Edward Island
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$1,125,000

169 Dorchester Street — Charlottetown, Prince Edward Island

C1A1E4

1877Built

Listed by CENTURY 21 NORTHUMBERLAND REALTY

About This Property

Positioned in the heart of downtown Charlottetown, 169 Dorchester Street combines historic character with proven income stability, making it a standout opportunity for investors seeking both present value and future growth. With its striking Second Empire architecture dating back to 1877, the property offers the rare chance to own a piece of Charlottetown?s history while benefiting from its strong commercial potential. This unique fourplex is thoughtfully configured with a two-storey unit on one side and three stacked units on the other, maximizing functionality and rental appeal. Three of the units have been newly renovated with modern finishes and efficient electric heating, ensuring comfort for tenants and reduced maintenance for ownership. The building has been carefully maintained with upgrades such as new shingles on the mansard roof?s shingled portion, reinforcing long-term durability. A rear exposed aggregate parking lot provides space for three vehicles, an attractive feature in the downtown core where parking is highly valued. The property is zoned DN (Downtown Neighborhood), allowing for flexibility and adaptability in future use while supporting a stable base of residential tenants today. High ceilings and the architectural character inherent to Second Empire design create a timeless atmosphere that continues to attract quality occupants. Fully occupied with strong tenants, the building offers immediate income alongside redevelopment or repositioning potential for the right investor. Location is where 169 Dorchester truly shines. Just steps from Charlottetown?s bustling restaurants, boutique shops, cultural amenities, and the picturesque waterfront, the property sits in a vibrant corridor that benefits from steady foot traffic and enduring demand. Its central placement within the downtown business district ensures visibility, accessibility, and long-term desirability for both tenants and future projects. Whether held as a reliable in (id:63357)

Property Details

Property Type
Detached
Year Built
1877
Stories
3.0
Status
Active

Location & Neighborhood

What's nearby 169 Dorchester Street

Lifestyle Summary

Nestled in the heart of Charlottetown, 169 Dorchester Street offers an enviable lifestyle for those who thrive on convenience and connectivity. Just a five-minute stroll takes you to Holland College Weymouth St. and the Confederation Centre, making it a breeze to catch a class or attend a cultural event. The seamless access to public transit opens up the entire city, allowing you to explore all that Charlottetown has to offer without the hassle of parking or long commutes. For the nature lover, the nearby Hillsborough Square is only a two-minute walk away, providing a tranquil escape to unwind or enjoy a morning jog. In just five minutes, you can find yourself at Confederation Landing Park, where panoramic views of the waterfront await, perfect for a leisurely afternoon picnic or a peaceful walk along the shore. The proximity to multiple parks, each only a short walk away, makes it easy to immerse yourself in the outdoors, whether it’s a quick break from work or a weekend outing. Food enthusiasts will delight in the culinary landscape surrounding your new home. Start your day with a flavorful brew from PEI VIET Coffee, just three minutes from your doorstep, and then indulge in a delicious lunch at Saigon Cuisine, a mere minute away. As evening falls, you can savor a delightful dinner at Claddagh Oyster House, just four minutes on foot, where fresh, local seafood is served in a cozy atmosphere. With so many dining options within easy reach, your evenings can be filled with gastronomic adventures without the need for a car. Even with all this convenience, daily errands are just as manageable. Lawtons Drugs is nearby for health and wellness needs, ensuring you have access to essential services without venturing far from home. Living at 169 Dorchester Street means embracing a lifestyle where everything is within arm's reach, allowing you to focus on what truly matters—enjoying the vibrant experiences and serene moments that life in Charlottetown has to offer.

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Charlottetown Market Snapshot

303

Active Listings

$399K

Median Price

0

Avg Days on Market

Last updated: Dec 11, 2025

Listed by

CENTURY 21 NORTHUMBERLAND REALTY

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$1,125,000