Welcome to a home that offers exceptional versatility, timeless character, and an unbeatable location in the heart of Summerside. Whether you're searching for a spacious family home or an investment opportunity with income potential, this beautifully maintained property is sure to impress. Ideally situated within walking distance to the waterfront, restaurants, shops, theatres, parks, and many of Summerside's most popular amenities, you'll enjoy the convenience of downtown living while still having the space and privacy of a generous lot. This could be a five-bedroom home or offers the flexibility to be used as a three-bedroom residence with a private two-bedroom in-law suite. Inside, you'll find spacious, light-filled rooms where large windows showcase the home's original craftsmanship while filling the space with natural light. Thoughtful updates have been completed throughout, preserving the home's warmth and character while enhancing comfort and efficiency. The current owner has meticulously maintained the property and has completed numerous improvements, with a detailed list available in the Documents section. Energy efficiency has been a priority, with four heat pumps, ten new Energy Star windows installed on the main floor, additional new windows on the second level, and an energy audit completed with most recommended upgrades already finished. Step outside to discover a surprisingly large downtown lot, offering plenty of space for gardening, children, pets, or simply relaxing outdoors. A concrete pad with a dedicated electrical outlet and kill switch is already in place for a future hot tub, creating the perfect spot to unwind. An older detached garage/outbuilding provides excellent storage or workspace for hobbyists, DIY enthusiasts, or anyone looking for a workshop.