162 Hanover Street, Summerside
Fully tenanted 9 unit apartment building in the heart of Summerside, PEI. This building has seen many updates over the years, both inside and out. Newer siding, interior of some units, and a portion of the roof replaced in the last couple of years. The building consists of 9 spacious 1 bedroom apartments, coin laundry, and located on a quiet street. Nice property as an expansion to your portfolio or a first time investor in multi-residential! (id:1945)
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Property details for 162 Hanover Street, Summerside
- Type
- Multi-family
- Lot Size
- .36
- Heating
- Baseboard heaters, Oil, Hot Water
- Exterior
- Stone, Vinyl
- Ownership
- Freehold
- Annual Taxes
- $6,844 (2026)
Nearby Listings Stat
Estimated price and comparable properties near 162 Hanover Street
Active Listings
126
Min Price
$29,500
Max Price
$4,299,900
Avg Price
$468,924
Days on Market
99
days
Sold Listings
30
Min Sold Price
$72,000
Max Sold Price
$1,339,000
Avg Sold Price
$363,687
Days until Sold
109
days
Neighbourhood Census Data
Summerside, Prince Edward Island / Île-du-Prince-Édouard
Population
384
Median Age
38.5
Median Income
$27,904
Dwelling Value
$100,335
Housing Tenure
Owners 51%
Renters 46%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.1
Pop. Density: 1,886.1/km²
Avg Shelter Cost: $901/mo
Owners with Mortgage: 68.4%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 50%
English only: 84.4%
English and French: 14.3%
Median Household Income: $42,944
Median Employment Income: $24,320
Price History
Listed
May 26, 2026
by ROYAL LEPAGE COUNTRY ESTATES 1985 LTD
Current Price
$900,000
Type
Multi-family
For Sale
