Featured Imagery

Exceptional Property

12 Cedar Street, Summerside

$399,999

null Bedrooms

null Bathrooms

1700 sqft

Property Highlights

Distinctive Features That Set This Property Apart

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Property Type

Retail

Style

Other

Year Built

1918

Square Footage

1700 square feet

Bedrooms

N/A

Bathrooms

N/A

Distinguished Features

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Property Overview

A Closer Look at This Distinguished Residence

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Prime downtown Summerside location! This charming heritage home offers a rare and versatile opportunity to live and work in one of the city's most desirable and high-traffic areas. Situated directly across from the scenic Baywalk Boardwalk and just steps from the farmers market, Credit Union Place, yacht club, and local restaurants, this property p...

MLS Number

202427731

Listed By

CENTURY 21 NORTHUMBERLAND REALTY

Last Updated

Jul 7, 2025, 4:45 p.m.

Data Source

CREA

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Agent's Insight

Property Specifications

Comprehensive Details of This Fine Residence

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Property Specifications

Property Type

Retail

Architectural Style

Other

Year Built

1918

Square Footage

1700

Interior Features

Flooring

Other, Wood

Climate Control & Utilities

Air Conditioning

Ventilation system

Exterior & Surroundings

View Type

Ocean view

Information deemed reliable but not guaranteed. Buyers should verify all property details.

Property Provenance

Historical Timeline of This Distinguished Address

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Property Timeline

Historical transactions and listing information

New

MLS# 202427731

List Date

Dec 5, 2024, 5:39 a.m.

List Price

$399,999

Property Type

Sale

Financial Planning

Tools to Help You Plan Your Investment

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Mortgage Financing Calculator

Calculate your monthly mortgage payments and visualize your investment over time.

Property Purchase Price

300,000

Down Payment

20%

Interest Rate

% p.a.

Amortization Period

Monthly Payment

Per Month

Mortgage Details

Loan Amount

$240,000

Total Interest

Total Payments

Loan-to-Value Ratio

80%

Total Number of Payments

360

Financial Insight

Your 20%+ down payment typically eliminates the need for private mortgage insurance, potentially saving you thousands over the life of your loan.

This calculator provides an estimate only. Your actual mortgage terms may vary based on credit history, lender requirements, and other factors.

Investment Cash Flow Analysis

Analyze your property's financial performance by tracking income and expenses to calculate net cash flow.

Analysis Period:

Total Income

$4,300/monthly

2 income sources

Total Expenses

$2,530/monthly

3 expense items

Net Cash Flow

$1,770/monthly

Positive investment return

Cash Flow Analysis

This property generates a positive cash flow of $1,770 per monthly. Consider reinvesting this surplus to enhance property value, build reserves for maintenance, or diversify your investment portfolio.