An exceptional opportunity awaits developers and investors with this expansive 5.59-acre R4-zoned parcel ideally located in the heart of uptown Summerside. Boasting 450 feet of frontage on busy Central Street, this high-visibility property sits directly behind the Toyota dealership?placing it in one of the city's most active and high-traffic corridors. With R4 zoning in place, the site offers incredible potential for a high-density residential development?preliminary concepts suggest a minimum of 300 units could be approved, subject to design and footprint. Its size, location, and zoning flexibility make it an ideal candidate for apartment buildings, condo complexes, or mixed-use residential projects. Just steps from a full range of amenities, future tenants will enjoy walkable access to restaurants, retail, banking, and essential services?everything needed for both work and leisure. This is one of the few large-scale parcels remaining in this bustling part of the city, making it a rare and highly desirable investment. Don't miss your chance to be part of Summerside's growing urban landscape with a development site that checks every box for location, visibility, and potential. (id:2493)
Data was last updated October 18, 2025 at 01:45 PM (UTC)
Area Statistics
Listings on market:
30
Avg list price:
$100,000
Min list price:
$39,000
Max list price:
$1,450,000
Avg days on market:
78
Min days on market:
2
Max days on market:
709
These statistics are generated based on the current listing's property type
and located in
Summerside. Average values are
derived using median calculations. This data is not produced by the MLS® system.
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