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Summerside median ~$310K. PEI RPTT 1% above $300K = $2,800. PEI's second city — 45 min from Charlottetown with aerospace employment.
Summerside is Prince Edward Island's second city — a community of 18,000 on Bedeque Bay in western PEI, 45 minutes from Charlottetown. Less expensive than the capital while maintaining full urban services, Summerside offers buyers excellent value with a relaxed Acadian-influenced community feel and proximity to the province's best sandy beaches.
At a median price around $310,000, Summerside is approximately $100,000 below Charlottetown — a significant saving for buyers flexible on commuting. The PEI RPTT of 1% on amounts above $30,000 works out to $2,800 on a $310,000 purchase (taxable amount: $280,000). Total closing costs on a Summerside purchase are typically under $6,000 — very manageable relative to the purchase price.
The former CFB Summerside, closed in 1989, was redeveloped into the Slemon Park technology and aerospace park, which now houses StandardAero's aircraft maintenance operations and other aerospace businesses. This industrial base provides employment diversity unusual for a city of Summerside's size.
StandardAero at Slemon Park employs hundreds of aerospace maintenance technicians — skilled trades jobs that support Summerside's housing demand. The Aerospace and Technology Park's ongoing development continues to attract light industrial and technology tenants that diversify the employment base beyond the traditional government and retail anchors.
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