1 Nelson Street Victoria, Prince Edward Island C0A 1J0

$519,000

The location and possibilities don?t get much better than this. Located next to a quiet, public beach, in the heart of Victoria-by-the-Sea, 1 Nelson Street, because of it?s location has: some of the best views in the town, the flexibility to have the home be completely residential or converted 50% to commercial space, an income-generating 2 bedroom in-law suite, the charm of a century home, many modern upgrades and is ready for you to make it your own. This 3 bedroom, 1.5 bathroom home with a 2 bedroom, 1 bathroom in-law suite has seen many functional upgrades over the past several years including a new main bath, spray foam insulation in the basement, new roof, poured concrete foundation, heat pumps and new oil tank. With so many of the integral systems taken care of, you can focus on the things you want. Since 2020, the in-law suite has been rented as a long term rental but designation as a B&B was permitted in 2024 within the Village of Victoria. Properties like this don?t come up very often in the Village of Victoria, so don?t miss out on this opportunity to become part of this amazing community. Enjoy being walking distance to local amenities like Victoria Playhouse, Landmark Oyster House, Richards Victoria and Victoria Wharf. The adjoining lot is available for purchase as well for an additional cost. All measurements are estimates and should be verified by purchaser if deemed necessary. (id:59559)

Business

Business Type	Residential
Business Sub Type	Residential

Property Details

MLS® Number	202613153
Property Type	Retail
Community Name	Victoria
Amenities Near By	Water Nearby
Community Features	High Traffic Area
Equipment Type	Propane Tank
Features	Paved Driveway
Rental Equipment Type	Propane Tank
View Type	Ocean View

Building

Amenities	Air Conditioning, Laundry Facility
Constructed Date	1898
Construction Material	Concrete Walls
Flooring Type	Wood, Other
Stories Total	2
Size Interior	1,617 Ft2
Total Finished Area	1617 Sqft
Utility Water	Municipal Water

Parking

Parking Space(s)

Land

Acreage	No
Fence Type	Partially Fenced
Land Amenities	Water Nearby
Land Disposition	Fenced
Size Irregular	0.13
Size Total	0.13 Ac|under 1/2 Acre
Size Total Text	0.13 Ac|under 1/2 Acre
Zoning Description	Central Core

https://www.realtor.ca/real-estate/29848995/1-nelson-street-victoria-victoria