Steeped in history and architectural grandeur, this iconic 1897 landmark estate?originally crafted by master builder Donald MacKinnon?offers a rare multi-unit investment opportunity in Charlottetown?s most prestigious neighborhood. Located in the heart of Brighton, just steps from the scenic vistas of Victoria Park and the vibrant energy of downtown, this meticulously maintained property spans approximately 8,500 square feet of luxury living space across four upscale, fully rented suites (totaling 14 bedrooms and 13.5 bathrooms).The Main Floor Suite features a grand two-bedroom layout, where both bedrooms enjoy private ensuites. The space is defined by stately high ceilings, classic crown mouldings, historic pillars, and expansive windows that flood the rooms with natural light. The Upper-Level Suites (Second & Third Floors) are Two exceptional, side-by-side, two-story suites designed for premium comfort one suite offers 3 bedrooms, 2 ensuites, and a full guest bathroom, another suite offers 4 bedrooms, both suites open up to expansive, private wrap-around balconies overlooking the pristine green spaces across the street. The Carriage House Suite is striking two-story detached-style unit featuring 4 bedrooms, 3 ensuites, and an additional guest bathroom?offering excellent privacy and charm. Each of the four self-contained suites features high-end modern appliances, a fully equipped gourmet kitchen, and dedicated in-suite laundry facilities. Major capital improvements include a high-efficiency furnace installed in 2017 and a complete roof replacement in 2020. Currently operating with a strong, stable income stream from long-term tenants, the property also boasts incredible adaptive reuse potential. The estate is uniquely primed for a potential conversion into a boutique inn. To assist with your vision, architectural design drawings for the conversion will be made available to prospective purchasers upon an accepted offer. Current property taxes r (id:4069)
Address
2 Ambrose Street
List Price
$1,890,000
Property Type
Multi-family
Type of Dwelling
Fourplex
Transaction Type
Sale
Area
Prince Edward Island
Sub-Area
Brighton
Lot Size
0.26 Sq. Ft.
MLS® Number
202617399
Listing Brokerage
ROYAL LEPAGE PRINCE EDWARD REALTY
Basement Area
Full (Unfinished)
Postal Code
C1E3N9
Ownership
Freehold
Site Influences
Golf Course, Park
Features
Balcony
Appliances
Oven - Electric, Oven - Propane, Range - Electric, Stove, Dishwasher, Dryer - Electric, Washer, Washer/Dryer Combo, Microwave, Refrigerator
Amenities
Cable TV, Fireplace(s), Laundry Facility
Heat Source
Electric, Oil
Heat Type
Baseboard heaters, Furnace, Hot Water, Radiator
Foundation Details
Poured Concrete, Stone
Number Of Floors In Building
3
Water Source
Municipal water
Sewer
Municipal sewage system
