Located in a highly convenient Charlottetown location, 132 Mount Edward Road offers excellent flexibility, strong rental appeal, and solid investment potential. Just a short walk to UPEI, this property is currently occupied by student tenants and has provided the current owner with a strong investment return. A new buyer may also have the opportunity to continue the existing rental setup and enjoy stable, attractive rental income. At the same time, the home offers great flexibility for owner-occupancy, as it could be easily converted back to its original layout with three bedrooms, a living room, and a den/office with only minimal changes. The front sunroom provides a warm and inviting space to enjoy natural sunlight during the winter months, while the rear porch offers a practical transition area for daily entry, shoes, coats, and storage. The second level features a separate shower room, as well as an additional room combining toilet and laundry functions; the lower level also includes a half bathroom. The exterior is equally practical, featuring a spacious backyard, a detached wired garage, and a long double driveway providing ample parking. Conveniently located near UPEI, private schools, shopping, public transit, and many local amenities, this property represents a rare opportunity in central Charlottetown, offering both residential comfort and investment value. In recent years, the current and previous owners have completed a number of important updates and improvements, including heat pumps, an electric hot water heater, a metal roof, and a new air exchange system, further enhancing the home?s comfort, functionality, and long-term value. All measurements are approximate and should be verified by the purchaser if deemed important. (id:2493)