Central Street Summerside, Prince Edward Island C1N 4K6
$1,299,900
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:56815)
Property Details
| MLS® Number | 202526001 |
| Property Type | Vacant Land |
| Community Name | Summerside |
| Easement | None |
Building
| Utility Water | Municipal Water |
Parking
| None |
Land
| Access Type | Year-round Access |
| Acreage | Yes |
| Land Disposition | Cleared |
| Sewer | Municipal Sewage System |
| Size Irregular | 5.59 |
| Size Total | 5.59 Ac|3 - 10 Acres |
| Size Total Text | 5.59 Ac|3 - 10 Acres |
https://www.realtor.ca/real-estate/28998370/central-street-summerside-summerside
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October 16 2025 08:00:19
Prince Edward Island Real Estate Association
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