30-32 Spring Park Road, Charlottetown
Two addresses. Two living spaces. One smart downtown investment. Located in the heart of Charlottetown and within walking distance of shops, restaurants, Holland College, the Waterfront area and everyday amenities, this well-maintained, newly renovated side-by-side duplex offers flexibility for investors and owner-occupiers alike. Live comfortably in one side while renting the other to help offset your mortgage-or add both units to your investment portfolio. Currently vacant, unit #32 provides an opportunity to select your own tenant or explore owner-occupancy. It features a spacious, open-concept kitchen, dining and living area with a newly installed heat pump. Patio doors open onto a quiet, fenced backyard. A generously sized bedroom, full bathroom and laundry area complete the main level. Upstairs, the large primary bedroom offers a walk-in closet and private ensuite bathroom. The tennant-occupied residence #30 features an open-concept kitchen and dining area with a new countertop, one bedroom and a renovated full bathroom. Two additional bedrooms are located upstairs. With five bedrooms and three full bathrooms in total, separate electrical meters and electric heating throughout, this property is designed for practical two-unit living. Numerous updates have been completed in recent years, making it an appealing opportunity in one of Charlottetown's most convenient locations. Whether you?re beginning your real estate investment journey, expanding an existing portfolio or looking for a home with income potential, this downtown duplex deserves a closer look. Approximate Historical. Gross Revenue 2025: $45,240 Approximate Historical Expenses: property taxes, water & sewer, internet, insurance- 2025 is $10,673 Approximate NOI-$34,567 GROSS RENTAL YIELD-9.88% CAP RATE- 7.55% All measurements are approximate and should be independently verified by purchasers if deemed necessary. (id:1945)
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Property details for 30-32 Spring Park Road, Charlottetown
- Type
- Duplex
- Bedrooms
- 5
- Bathrooms
- 3
- Lot Size
- 0.074
- Stories
- 2
- Basement
- Unfinished, Full
- Parking
- Concrete
- Heating
- Electric, Radiator, Wall Mounted Heat Pump
- Exterior
- Vinyl
- Ownership
- Freehold
- Annual Taxes
- $7,028 (2026)
Nearby Listings Stat
Estimated price and comparable properties near 30-32 Spring Park Road
Active Listings
3
Min Price
$458,000
Max Price
$649,900
Avg Price
$534,300
Days on Market
54
days
Sold Listings
1
Min Sold Price
$799,900
Max Sold Price
$799,900
Avg Sold Price
$799,900
Days until Sold
348
days
Neighbourhood Census Data
Charlottetown, Prince Edward Island / Île-du-Prince-Édouard
Population
511
Median Age
50.2
Median Income
$22,912
Dwelling Value
$225,155
Housing Tenure
Owners 48%
Renters 54%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2
Pop. Density: 3,619.0/km²
Avg Shelter Cost: $1,086/mo
Owners with Mortgage: 72%
Owners Spending 30%+: 16%
Tenants Spending 30%+: 39.3%
English only: 81.4%
French only: 1%
English and French: 15.7%
Neither: 2.9%
Median Household Income: $32,768
Median Employment Income: $27,376
Price History
Listed
September 25, 2026
by RE/MAX CHARLOTTETOWN REALTY
Current Price
$458,000
Type
Duplex
For Sale
