31 / 33 Nelson Street, Victoria By The Sea
PEIA · C0A2G0
$5,000,000
About this residence
A rare chance to own close to 20% of the land in Victoria-by-the-Sea, one of PEI's most iconic and fastest-growing tourist destinations. This commercially zoned 13 acre property combines income potential, luxury living, and future development all in one. Featuring six fully renovated seasonal cottages that provide a steady income stream, a completely restored 4,500 sq. ft. luxury residence, ideal as a private home or boutique inn, and a newly built 5,200 sq. ft. two-level barn with endless possibilities for events, retail, or creative space. Outdoor features include landscaped grounds, treed privacy, and a custom gazebo with wood-fired pizza oven for gatherings. Adding to its long-term value is a fully pre-approved 26-lot subdivision, offering significant development potential in compliance with Victoria's 2024 Official Plan. Just steps from artisan shops, fine dining, the waterfront, and only 30 minutes to Charlottetown, this is one of PEI's most versatile and prestigious investment opportunities. (id:61366)
Property details
- Property type
- Single Family
- Style
- House
- Ownership
- Freehold
- Bedrooms
- 5 (5 above)
- Bathrooms
- 4 (1 half)
- Storeys
- 2
- Living area
- 4,500 sq ft
- Lot size
- 13
- Fireplace
- 1
- Annual tax
- $8,338
- MLS®
- 202521893
- Board
- PEIA
- Status
- Inactive
- Listed
- Aug 29, 2025
- Updated
- Sep 29, 2025
Room dimensions
| Room | Level | Dimensions |
|---|---|---|
| Eat in kitchen | Main level | 17 x 12 |
| Dining nook | Main level | 14 x 10 |
| Living room | Main level | 13 x 13 |
| Primary Bedroom | Main level | 14 x 27 |
| Sunroom | Main level | 9.5 x 20 |
| Ensuite (# pieces 2-6) | Main level | 9 x 33 |
| Bedroom | Second level | 23.5 x 23 |
| Bedroom | Second level | 22 x 7 |
| Bedroom | Second level | 11.5 x 14 |
Features & finishes
Appliances
- Washer
- Refrigerator
- Dishwasher
- Dryer
- Oven
Flooring
- Hardwood
Heating
- Baseboard heaters
- In Floor Heating
- Wall Mounted Heat Pump
- Electric
- Propane
- Oil
Basement
- Full
- Unfinished
Exterior
- Wood shingles
Foundation
- Poured Concrete
Lot
- Paved driveway
Sewer & Utilities
- Municipal sewage system
Views
- Ocean view
Financing
Estimated monthly payment
$23,384/mo
Loan amount
$4,000,000
Down payment
$1,000,000
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
PEIA
Nearby
About the area
Census · C0A- 48,140
- Population
- 45
- Median age
- $77,500
- Median income
- $276,000
- Median home value
- 82%
- Home ownership
- 24 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 31 / 33 Nelson Street, Victoria By The Sea?
31 / 33 Nelson Street, Victoria By The Sea is listed for $5,000,000, in PEIA.
How many bedrooms and bathrooms does 31 / 33 Nelson Street, Victoria By The Sea have?
It offers 5 bedrooms and 4 bathrooms (including 1 half-bath).
What type of home is 31 / 33 Nelson Street, Victoria By The Sea?
31 / 33 Nelson Street, Victoria By The Sea is a Single Family, House set over 2 storeys.
How large is 31 / 33 Nelson Street, Victoria By The Sea?
The home offers approximately 4,500 sq ft of living space on a lot measuring 13.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $23,384. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $8,338 per year.
What is the PEIA area like?
PEIA has a population of about 48,140, a median age of 45, a 82% home-ownership rate, with an average commute of about 24 minutes.
What is the average home value in PEIA?
The median dwelling value in this area is approximately $276,000, based on census data via Neighbourly.
What is the median household income in PEIA?
The median household income in this area is approximately $77,500.
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