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265 Richmond Street, Charlottetown, PE, C1A 1J7

MLS® # 202402645
Investment For Sale In Downtown Charlottetown, Charlottetown, Prince Edward Island
$799,000 QuickQuoteTM: $770K - $1.0M
265 Richmond Street, Charlottetown, PE
265 Richmond Street, Charlottetown, PE
265 Richmond Street, Charlottetown, PE
265 Richmond Street, Charlottetown, PE
265 Richmond Street, Charlottetown, PE
265 Richmond Street, Charlottetown, PE
265 Richmond Street, Charlottetown, PE
265 Richmond Street, Charlottetown, PE
265 Richmond Street, Charlottetown, PE
265 Richmond Street, Charlottetown, PE
265 Richmond Street, Charlottetown, PE
265 Richmond Street, Charlottetown, PE
265 Richmond Street, Charlottetown, PE
265 Richmond Street, Charlottetown, PE
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265 Richmond Street, Charlottetown, PE, C1A 1J7
$799,000

Property Information:

One of a kind historic property overlooking a beautiful city park, a short walk to the Charlottetown waterfront and the downtown area. This property has paved off street parking at the rear. Offered is a 4-1 bedroom unit building, Unit # 3 has access to the third floor by way of a spiral staircase constructed and installed by Ravenwood Stairways in 2023. This unit could be converted to a 3 or 4 bedroom apartment or condo. Surveys and Condo Association paperwork have been drawn up. There is numerous sheets of drywall already in stored on the third floor ready for finishing. A new High Efficiency Bureaus furnace was installed in Dec 2023, a high end oil tank is in place and a new electric 60 gal water heater was also installed in 2023, The building has most of the work completed to be converted to Condos. Please Note : The Listing Agent is part owner of the property.

Property Features:

  • Built in: 1907
  • Lot Size: 0.12
  • Title to Land: Freehold

Data provided by: Nova Scotia Association of REALTORS® 68 Highfield Park Drive, Suite 112, Dartmouth, Nova Scotia B3A 0E4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Location of 265 Richmond Street, Charlottetown, PE, C1A 1J7

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Significant

32 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: Significant

32 hot days expected in 2050

36/100

Significant

ClimateCheck®

Current data

This property, 265 Richmond Street , experiences 7 hot days per year at around 27.7 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 32 hot days at 30.8 degrees Celsius.

Projected Avg. Temperature

Past
27.7℃
2050
30.8℃

# Hot Days Per Year

Past
7
2050
32

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

14 storms expected in 2050

71/100

ClimateCheck®

Current data

This property, 265 Richmond Street , experiences 11 significant 2-day storms per year, with about 361.9mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 460.9mm of precipitation per year.

Precipitation Per Storm

Past
361.9mm
2050
460.9mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 265 Richmond Street, Charlottetown, PE, C1A 1J7

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$91,885.79

Average Number of Children

1.59

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.0 %

High school certificate or equivalent

29.25 %

Apprenticeship trade certificate/diploma

5.2 %

College/non-university certificate

25.16 %

University certificate (below bachelor)

2.22 %

University Degree

28.17 %

Commuter

Travel To Work

By Car

67.29 %

By Public Transit

6.32 %

By Walking

21.23 %

By Bicycle

1.21 %

By Other Methods

3.95 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

69.82 %

Houses

30.18 %

Own Vs. Rent