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$499,900

118 Maple Avenue — Charlottetown, Prince Edward Island

C1A6G4

6Beds
2Baths

About This Property

Income Potential Meets Prime Location with a cap rate of 7.9%. Welcome to 118 Maple Avenue, a solid and versatile two unit property located in Sherwood, one of Charlottetowns most sought after neighbourhoods. Known for its quiet streets, strong community feel, and unbeatable convenience, this location offers quick access to Royalty Crossing shopping, UPEI, downtown Charlottetown, the airport, and major commuter routes. This well designed property features two completely separate three bedroom units, making it an outstanding opportunity for homeowners, investors, or multi generational living. Each unit is fully self contained with separate entrances and completely independent utilities, allowing for true separation, flexibility, and ease of ownership. The upper unit is currently vacant, providing immediate options for a new owner to move in, generate rental income, or design the space to suit their needs. Bright and spacious, it offers a comfortable layout with generous living areas and three full bedrooms. The lower unit is occupied by long term tenants, offering instant income and stability for investors or those looking to offset their mortgage from day one. Whether your vision is to live in one unit while earning rental income, add a strong cash flowing property to your portfolio, or secure a home that adapts to future family needs, this property delivers exceptional versatility. The clear separation between units, combined with the desirable Sherwood location, makes this a rare and valuable offering in todays market. With proximity to schools, shopping, restaurants, parks, and all major amenities, 118 Maple Avenue offers not just a property, but a lifestyle rooted in convenience and long term value. Opportunities like this in Sherwood do not come along often. 118 Maple Avenue is a smart, flexible investment and a home with possibilities limited only by your imagination. (id:63357)

Property Location

Map

Property Details

Property Type
Detached
Bedrooms
6
Bathrooms
2
Half Baths
0
Above Grade Area
1,345 sqft
Status
Active

Location & Neighborhood

What's nearby 118 Maple Avenue

Nearby Schools

POI data updated 4/9/2026

Charlottetown Market Snapshot

304

Active Listings

$400K

Median Price

0

Avg Days on Market

Last updated: Apr 9, 2026

Listed by

CENTURY 21 NORTHUMBERLAND REALTY

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$499,900
Oakwyn Realty Ltd.

Oakwyn Realty Ltd.

Search Listings Online Inc.

3195 Oak St, Vancouver, BC V6H 2L2

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

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