$ 399.900

280 Read Drive, Summerside

  • Bedrooms: 6
  • Bathrooms: 2
  • Type: Residential
  • Added: 25 days ago
  • Updated: 25 days ago
  • Last Checked: 1 hours ago
Discover the possibilities at 280 Read Drive, Summerside, Prince Edward Island! This unique multi-use property, set on just under an acre, is a rare find that has never been listed before and offers tremendous potential. Formerly a fully functional three-bedroom home with a home-based office, this property is perfect for a variety of uses. The main unit welcomes you with a charming porch adorned with abundant windows. Inside, you will find a spacious living room featuring a cozy wood fireplace, a heat pump for year-round comfort, and elegant aged hardwood floors with soaring 10-foot ceilings. The galley-style kitchen provides ample cabinet space, and a full bathroom completes the main floor. Upstairs, three generous bedrooms with closets await, while the partially finished basement offers a sizable rec room and a large laundry/storage area equipped with a wood stove. The second suite features a welcoming mudroom or office entrance, a large open kitchen with an eat-in dining area, and a comfortable living room. A full bathroom is conveniently located on the main level, and upstairs, you will find three additional bedrooms, all within close proximity. Outside, you will appreciate the four outbuildings for all your storage needs, and the expansive lot opens up possibilities for developing townhouses or in-law suites. Whether you are looking to establish a home-based business, rental units, or multi-family homes, 280 Read Drive presents a fantastic opportunity. Ideally located just five minutes from downtown Summerside and a minute from Blue Shank Road, you will enjoy easy access to Charlottetown. Don't miss your chance to explore this exceptional property! (id:1945)
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Property DetailsKey information about 280 Read Drive

  • Heating: Stove, Forced air, Electric, Wood, Wall Mounted Heat Pump, Furnace
  • Stories: 2
  • Structure Type: House
  • Exterior Features: Vinyl
  • Foundation Details: Poured Concrete, Concrete Block
  • Type: Multi-use property
  • Total Area: Just under an acre
  • Previous Use: Fully functional three-bedroom home with home-based office
  • Listing Status: Never been listed before

Interior FeaturesDiscover the interior design and amenities

  • Basement: Full
  • Flooring: Hardwood, Carpeted, Ceramic Tile
  • Appliances: None
  • Bedrooms Total: 6
  • Above Grade Finished Area: 3400
  • Above Grade Finished Area Units: square feet
  • Main Unit: Porch: Charming with abundant windows, Living Room: Fireplace: Cozy wood fireplace, Heat System: Heat pump for year-round comfort, Flooring: Elegant aged hardwood floors, Ceiling Height: Soaring 10-foot ceilings, Kitchen: Style: Galley-style, Cabinet Space: Ample, Bathroom: Full bathroom on main floor, Bedrooms: Count: 3, Closets: Included, Basement: Status: Partially finished, Rec Room: Sizable rec room, Laundry/Storage Area: Large with wood stove
  • Second Suite: Entrance: Type: Mudroom/office entrance, Kitchen: Size: Large, Dining: Eat-in area, Living Room: Comfortable, Bathroom: Full bathroom on main level, Bedrooms: Count: 3, Proximity: Close proximity

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 280 Read Drive

  • Lot Features: Level, Circular Driveway
  • Water Source: Municipal water
  • Lot Size Units: acres
  • Parking Features: Paved Yard, Other, Parking Space(s)
  • Lot Size Dimensions: 0.9
  • Outbuildings: Four for storage
  • Lot Potential: Expansive, possible development for townhouses or in-law suites

Location & CommunityUnderstand the neighborhood and community

  • Common Interest: Freehold
  • Community Features: School Bus, Recreational Facilities
  • Distance To Downtown Summerside: 5 minutes
  • Distance To Blue Shank Road: 1 minute
  • Access To Charlottetown: Easy access

Business & Leasing InformationCheck business and leasing options available at 280 Read Drive

  • Uses: Home-based business, Rental units, Multi-family homes

Utilities & SystemsReview utilities and system installations

  • Sewer: Municipal sewage system

Tax & Legal InformationGet tax and legal details applicable to 280 Read Drive

  • Tax Year: 2024
  • Parcel Number: 71951
Room Dimensions
Type Level Dimensions
Kitchen Main level 15x8
Living room Main level 15.7x20
Bath (# pieces 1-6) Main level 8.4x7
Porch Main level 8.11x21
Dining room Main level 23.9x12
Bedroom Second level 14x8.3
Bedroom Second level 14.10x9.5
Primary Bedroom Second level 15.6x16.3
Laundry room Basement 18.9x16.3
Recreational, Games room Basement 12.2x21
Porch Main level 10.2x9.5
Kitchen Main level 10.2x9.5
Living room Main level 13x20
Bath (# pieces 1-6) Main level 8.10x8.3
Bedroom Second level 10.10x11.2
Bedroom Second level 9x9
Primary Bedroom Second level 13x16
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Nearby Listings Stat

Active listings
16
Min Price
$224,900
Max Price
$699,900
Avg Price
$407,744
Days on Market
151 days
Sold listings
6
Min Sold Price
$324,900
Max Sold Price
$499,000
Avg Sold Price
$393,800
Days until Sold
103 days

Nearby Places

Name
Type
Address
Distance
Clark's Sunny Isle Motel
Lodging
720 Water St E
1.1 km
Quality Inn & Suites Garden of the Gulf
Lodging
618 Water St E
2.0 km
Brothers Two Restaurant
Meal takeaway
618 Water St E
2.0 km
Water Street Bakery and Deli
Bakery
605 Water
2.1 km
Global Montessori Schools
School
20 Water
2.4 km
Three Oaks Senior High School
School
Kenmoore Ave
2.6 km
Three Oaks Senior High School
Its official colours are Green and Gold and the ma...
2.6 km
Sherbrooke, Prince Edward Island
Sherbrooke is a settlement in Prince Edward Island...
2.9 km
Summerside, Prince Edward Island
It is the second largest city in the province and ...
3.0 km
Tim Hortons and Cold Stone Creamery
Cafe
91 Water St
3.0 km
Prince County Hospital
It is the province's second largest hospital after...
3.1 km
Prince County Hospital
Hospital
65 Roy Boates Ave
3.3 km
Additional Information about 280 Read Drive

This House at 280 Read Drive Summerside, PE with MLS Number 202425469 listed by Darcy Gallant - RE/MAX HARBOURSIDE REALTY on Summerside market 25 days ago at $399,900

We have found 6 Houses that closely match the specifications of the property located at 280 Read Drive with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 309,900 and 525,000.

The current price of the property is $399,900, and the mortgage rate being used for the calculation is 4.44%, which is a rate offered by Ratehub.ca. Assuming a mortgage with a 18% down payment, the total amount borrowed would be $327,918. This would result in a monthly mortgage payment of $1,870 over a 25-year amortization period.

More Details?
Darcy Gallant
  • Darcy Gallant
  • RE/MAX HARBOURSIDE REALTY
  • 902-954-0581
  • WebSite