Charlottetown — Top 5 Renovation Picks (Aug 09, 2025)

28 Centennial Dr — $379,000

  • Beds/Baths: 7 bd / 1 ba
  • Year Built / Type: — / Single Family Residential
  • Summary: This solid, well-built 3-bedroom rancher is situated on a large, landscaped lot in a desirable location near schools and shopping. The property features a spacious kitchen and dining area, making it a great candidate for renovation.
  • Renovation rationale:
    • Large lot size with mature trees and hedges provides ample outdoor space for enhancements.
    • 7 bedrooms offer flexibility for rental income or guest accommodations after renovations.
  • Why these metrics matter for renovation:
    • The large lot allows for potential expansions or outdoor living enhancements, while the bedroom count increases the property’s appeal for families or multi-generational living, enhancing its value post-renovation.
  • Recommended renovation ideas: Consider updating the kitchen and bathrooms, adding egress windows for the basement, and enhancing outdoor spaces with decks or landscaping.
  • View on Redfin

121 Mariner Dr — $210,000

  • Beds/Baths: 2 bd / 1 ba
  • Summary: This meticulously maintained home is located on a quiet lot with open green space at the back, offering privacy and comfort. Recent updates include electric heat and a new hot water tank, making it a solid investment for renovations.
  • Renovation rationale:
    • Low price of $210,000 provides an affordable entry point for renovations.
    • Quiet lot with privacy enhances the living experience post-renovation.
  • Why these metrics matter for renovation:
    • The low initial price allows for a greater renovation budget relative to purchase cost, while the quiet location is attractive for families and retirees, potentially increasing resale value.
  • Recommended renovation ideas: Modernize the kitchen and bathroom, enhance insulation, and consider expanding the living space with a deck or patio.
  • View on Redfin

305 Euston St — $559,000

  • Beds/Baths: — / —
  • Summary: This is an excellent 4-unit investment property in a prime downtown location, featuring ample parking and long-term tenants. With recent updates to kitchens and baths, this property has significant renovation potential for increased rental income.
  • Renovation rationale:
    • 4-unit property allows for multiple income streams post-renovation.
    • Downtown location increases demand for rental units, enhancing cash flow.
  • Why these metrics matter for renovation:
    • The investment potential of a multi-family property means renovations can lead to higher rental rates and increased property value, especially in a desirable area.
  • Recommended renovation ideas: Upgrade kitchens and bathrooms further, improve common areas, and enhance energy efficiency to attract higher-paying tenants.
  • View on Redfin

9 Robert Ave — $450,000

  • Beds/Baths: 3 bd / 2 ba
  • Summary: This well-kept bungalow features a spacious layout with a large island in the kitchen and a heated garage, making it a comfortable family home. The recent updates provide a solid foundation for further renovations.
  • Renovation rationale:
    • 3 bedrooms provide ample space for families or guests.
    • Heated garage adds value and utility, especially in colder months.
  • Why these metrics matter for renovation:
    • The bedroom count allows for easy family living or rental potential, while the heated garage can be converted for additional living space or workshops, increasing the overall property value.
  • Recommended renovation ideas: Update bathrooms, enhance the kitchen with modern finishes, and consider adding outdoor living spaces.
  • View on Redfin

145 Lower Malpeque Rd — $399,000

  • Beds/Baths: 4 bd / 1.5 ba
  • Summary: This expansive home offers over 2800 sq ft of living space, ideal for families looking for room to grow. The property features a large cozy family room and a rare 3-car garage, presenting significant renovation opportunities.
  • Renovation rationale:
    • Over 2800 sq ft provides ample space for renovations and expansions.
    • 4 bedrooms make it suitable for large families or multi-generational living.
  • Why these metrics matter for renovation:
    • The large living space allows for flexible design options, while the bedroom count appeals to families, enhancing marketability post-renovation.
  • Recommended renovation ideas: Modernize the kitchen and bathrooms, finish the basement for additional living space, and enhance outdoor areas for entertainment.
  • View on Redfin

Quite far from where I live

Excellent picks from Charlottetown

Got pals around here

They would definitely love these picks