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31 / 33 Nelson Street 31 Nelson St 6 Room Bed and Breakfast Victoria, PE C0A 1J0 $2,751,459 USD ($458,576 USD/Room)

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Executive Summary

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.

Property Facts

Price	$2,751,459 USD	Building Class	C
Price Per Room	$458,576 USD	Lot Size	12.50 AC
Sale Type	Investment or Owner User	Building Size	9,700 SF
Sale Condition	Business Value Included	No. Rooms	6
Property Type	Hospitality	No. Stories	3
Property Subtype	Bed and Breakfast General Retail Storefront Retail/Residential	Year Built/Renovated	1930/2024
Zoning	C - Commercial

Price	$2,751,459 USD
Price Per Room	$458,576 USD
Sale Type	Investment or Owner User
Sale Condition	Business Value Included
Property Type	Hospitality
Property Subtype	Bed and Breakfast General Retail Storefront Retail/Residential
Building Class	C
Lot Size	12.50 AC
Building Size	9,700 SF
No. Rooms	6
No. Stories	3
Year Built/Renovated	1930/2024
Zoning	C - Commercial

Beach (direct access)

About 31 NELSON ST , VICTORIA, PE C0A 1J0

This property is located in Victoria-by-the-Sea, Prince Edward Island, a well-established and highly visited coastal destination. The site comprises over 7 acres of commercially zoned land improved with a mix of residential, hospitality, and ancillary structures. The property includes six fully renovated seasonal cottages that operate as short-term accommodations, as well as a restored 4,500-square-foot residence suitable for private use or hospitality purposes. A newly constructed 5,200-square-foot, two-level barn provides additional space adaptable for a variety of uses, including gatherings, retail, or creative functions. The grounds are landscaped and incorporate mature trees providing privacy. Outdoor features include a custom-built gazebo equipped with a wood-fired pizza oven. The property is situated within walking distance of local shops, dining establishments, and beaches, with access to Charlottetown approximately 30 minutes away.