278 Water Street — reimagined heritage bank building at the corner of Water Street, downtown Summerside PEI

Downtown Summerside Living

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The Residences

278 Water offers 14 boutique suites across three floors — one and two bedroom layouts plus loft-style units, from 461 to 800 square feet. Premium finishes, secured entry, and water views downtown.

278 Water Street — white shaker kitchen with quartz island, pendant lighting, and brick backsplash

Photos & Floor Plans

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Water-view & Water Street-facing options

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Designed for the way you live.

278 Water Street — restored heritage bank building with modern upper floors, downtown Summerside

Set within a reimagined bank building.

The timeless architecture of a former bank, thoughtfully restored — historic character on the outside, contemporary design within. Fourteen boutique residences across three floors.

Kitchen with quartz island, pendant lighting, and brick backsplash at 278 Water Street

Curated interiors, refined finishes.

White shaker kitchens with quartz countertops, stainless appliances, pendant lighting, and heat-pump heating and cooling in every suite.

Aerial view of downtown Summerside — restaurants, shops, and the waterfront steps from 278 Water Street

Steps from Summerside's best dining.

Walk out your front door to restaurants, cafés, shops, and the waterfront boardwalk. Downtown living without the commute.

Bright bedroom with large window at 278 Water Street, Summerside

Water views over downtown.

Select suites look out toward the Summerside waterfront — morning light, harbour air, and the best of the city below.

At your door.

278 Water Street puts downtown Summerside at your doorstep — restaurants and shops steps away, the library a three-minute walk, and the hospital nine minutes up the road.

The Arsenault Difference.

Arsenault Properties — property management team portrait

David Arsenault, President & Owner

Arsenault Properties
15+ Years
In real estate management experience
In-House
Property management team

At the core of everything we do is a deep commitment to creating more than just a place to live, we're building spaces you'll be proud to call home. From thoughtfully designed rentals to exceptional resident support, our mission is to be a trusted leader in housing, create and maintain value for our residents, and build our communities with a long-term mindset.

FAQ.

What you need to know before moving in.

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