Charlottetown, Prince Edward Island

Great investment opportunity with this townhouse style triplex. New siding, new roof, new front decks and walkway make this property an attractive investment. Property needs new owner to add some updates to interior of the units. Perfect location, close to schools, shopping, pharmacies, T-3 transit, and other amenities. All measurements approximate and should be verified if so required. Property being sold as is, where is. Listing agent is related to owner of selling corp. (id:56815)

Charlottetown, Prince Edward Island

Great investment opportunity or renovation back to a single family dwelling. Ideal city location on a mature treed lot. This property has been a residental rental property for several years and is in need of a new owner with a vision to give this property a new look. Tremendous renovation possibilities exist with this beautiful Charlottetown property. All measurements are approximate and should be verified. Property being sold as is where is. Listing agent is related to owner of Roger Birt Inc. (id:56815)

Charlottetown, Prince Edward Island

Discover a remarkable opportunity in the heart of downtown Charlottetown with this charming and spacious duplex at 157-159 Dorchester St. Whether you are an investor looking to expand your portfolio or a first-time buyer searching for the perfect property, this duplex checks all the boxes. Each side of the home features two well-sized bedrooms and one full bathroom, offering comfortable and functional living spaces. The open-concept layout and thoughtfully designed kitchens are ideal for cooking, entertaining, and creating lasting memories with family and friends. Step outside to a backyard that's perfect for summer barbecues, gatherings, or simply relaxing in your private green space - an incredible bonus in a downtown setting. This prime location puts you within walking distance of everything Charlottetown has to offer, local shops, top-rated restaurants, schools, parks, recreational facilities, and just steps from the scenic waterfront boardwalk and Holland College's Culinary Institute. For investors, the property presents strong rental income potential with the option to live in one unit and rent out the other, maximizing your return and offering long term flexibility. Don't miss out on this unique opportunity to own a well maintained duplex in one of Charlottetown's most desirable neighbourhoods. With its strong investment appeal, unbeatable location, and versatile layout, 157-159 Dorchester is a property that truly stands out. Book your viewing today! (id:56815)

Charlottetown, Prince Edward Island

Rare investment opportunity in the heart of downtown Charlottetown! 124 King Street is a well-maintained 6-unit apartment building offering stunning, unimpeded views of the Charlottetown Harbour. One of the few remaining properties downtown with this kind of waterfront perspective, it?s ideally located in a sought-after area experiencing steady revitalization and increased re-development. The building features 4 spacious one-bedroom units and 2 comfortable two-bedroom units. Unit 3 includes a private patio with a water view, while Units 5 and 6 share a rooftop deck overlooking the cruise ship port - perfect for tenants looking to enjoy downtown living with a view. This is a prime, appreciating asset in a high-demand location, with off-street parking via Water Street - a smart addition to any real estate portfolio. Contact your Realtor today to schedule your private viewing. (id:56815)

Charlottetown, Prince Edward Island

Excellent 4 unit investment property in a great downtown location with ample parking. First floor consists of 2 spacious 1 bedroom apartments, rents are $1250/$1148. Second floor consists of a large and bright 2 bed + Den w washer and dryer hook ups. Rent $1700. Top floor 2 bed plus Den w washer dryer, rents $1550 Updated furnace 2016, Good quality, long term tenants. Features include hardwood flooring, no carpets in apartments, 3 updated kitchens, 2 updated baths, most all new appliances. measurements approx. Actual age of building unknown. (id:56815)

Summerside, Prince Edward Island

279 Fitzroy Street presents a rare opportunity to own a fully rented six-unit income property in the historic heart of Summerside. Perfectly positioned on a corner lot just steps from the waterfront, this three-storey building offers a blend of charm, practicality, and long-term investment stability. Neighbouring buildings include other commercial properties such as Summerside City Hall, Holman?s Ice Cream, and the Summerside Library, further enhancing the property?s location appeal. The zoning is Commercial, offering future flexibility and redevelopment potential for investors with vision. The layout includes five one-bedroom units and one two-bedroom unit, all tenant-occupied. Interiors are well maintained with updated kitchens and durable finishes. Residents benefit from shared laundry, a 13 x 20 storage area, and six on-site parking spaces; an uncommon amenity in this central location. With operational performance approaching a seven percent return, this is a strong hold in a growing community. Included in the sale are six fridges, six stoves, one washer, and one dryer. Financials are available to qualified buyers upon signing a non-disclosure agreement. Minimum 24-hour notice required for all showings. (id:56815)

Charlottetown, Prince Edward Island

Welcome to 115 North River Road, a rare and versatile 2-unit property in the heart of Brighton - one of Charlottetown?s most sought-after neighbourhoods. Set on a beautifully maintained lot within walking distance to downtown, Victoria Park, schools, and the boardwalk, this property offers incredible flexibility, charm, and investment potential. The original main house is a spacious four-bedroom home full of character and warmth, thoughtfully updated and finished on three levels. The main floor features a bright living room with hardwood floors, custom built-ins, propane fireplace, a formal dining room, and an updated kitchen. Convenient main floor laundry, half bath and large windows throughout add to the appeal. Upstairs, you?ll find four bedrooms and a full bath - ideal for family living or extended guests. The second unit offers two bedrooms on the main level, along with finished space in the lower level including a den and additional 1/2 bathroom - perfect for rental income, multigenerational living, or a guest suite. Recent updates include new windows, roof, generator, appliances, upgraded electrical, hot water heaters, and energy-efficient heat pumps throughout. Each unit enjoys its own private deck and ample parking. Whether you're looking for a home with supplemental income, a full investment property, or a flexible multi-generational living setup, 115 North River Road is an exceptional find in an unbeatable location. (id:56815)

Charlottetown, Prince Edward Island

This beautiful Triplex apartment building with onsite parking in the heart of Charlottetown, near Holland College and walking distance to all of the amenities is being Sold Vacant. New owner can live there or choose their own tenants. These well kept and clean apartments include: One 2 bedroom unit, two 1 bedroom units, and one detached garage that is insulated and has heat, lights, and sealed exhaust fan. All units are equipped with the fridge, stove, washer and dryer and are nicely laid out with large living spaces. Each apartment is equipped with fridge, stove, washer, and dryer and their own private entrances, and electrical convection heat. Apartments in this area are in high demand. This is a great opportunity for a potential buyer who is looking for a home in downtown Charlottetown, who can purchase and move into the main level dwelling unit such as 246 Cumberland St. and continue to rent out to the other two apartments. Another benefit of being owner occupied is receiving the residential tax credit. Each unit has its own electrical metre and the building is equipped with four services metres and also has a full basement. Some of the updates include newly shingled roof on the southside of the building, the purchase of a fridge, stove, washer, dryer, back up water valve installed in the basement for a preventative measures, inside painting, insulation, replacing door knobs, light fixtures, and sink drain kit. This property is perfect for any investor that is looking for a solid income building or a buyer who is looking for a home with garage that generates income to pay the mortgage. The garage is currently being used as a hobby woodworking workshop and the equipment is sold separately. All measurements are approximate. (id:56815)

Summerside, Prince Edward Island

Triplex at the corner of Ottawa and King St for sale. Triplex has 2 - 2 bedroom units and 1-1 bedroom unit. The 2 bedroom units are side by side split level and each unit has the kitchen and bathroom on the main level, living room on the mid level and 2 bedrooms on the 2nd level. The 1 bedroom unit entrance is located at the rear of the house and is a basement apartment. It has its own separate driveway on King St. The shared laundry room is in the basement. Improvements include new roof 2022, Unit 1 and 2 bathroom renos in 2019. This property is a 12 - 15 minute walk to downtown Summerside, Parkside Elementary School, Summerside Baseball fields and Three Oaks Senior High school. The entrance to the Heather Moyse Heritage Park is at the end of the block. If you are interested in viewing please call Betsy 902 439-5751 to arrange a showing. Tenants require 24 hours notice. (id:56815)

O'leary, Prince Edward Island

Here is a side by side duplex with each side having 3 bedrooms, large eat in kitchen, living room and bath. This duplex is in town where you can walk to shopping, school, rink, medical clinic and all the amenities. There is a covered veranda across the front of the home for relaxing. Each side has 4 applicances included. Some of the recent upgrades done is, all new vinyl insert windows, exterior steel doors, driveway paved and parking area extended. Home is heated with heat pumps that also provide air conditioning. Live in one and rent the other or whatever suits your needs! (id:56815)

Little Sands, Prince Edward Island

Prime Investment Opportunity! Modern Rancher with stunning Water Views & Income Potential This 5-bedroom, 4-bathroom modern Rancher offers breathtaking Northumberland Strait views and an outstanding income-generating opportunity. Whether for a rental property, multi-generational living, or a mix of personal use and rental income, this home provides exceptional versatility. The fully finished lower level features a separate entrance, full kitchen, three large bedrooms, two full bathrooms (including an ensuite), and it's own laundry. This self-contained space is perfect for long-term tenants, short-term rentals, or extended family, ensuring a steady cash flow. Upstairs, the open-concept main floor includes a kitchen and dining area with quartz countertops, stainless steel appliances, and modern finishes, all overlooking the water. The Primary suite offers a walk-in closet and spa-like ensuite, while an additional spacious bedroom with its own walk-in closet adds to the home's appeal. Outdoor amenities further enhance rental potential, featuring an in-ground pool, screened-in gazebo, pool house, and a spacious deck and patio area. With resort-style features and stunning water views, this property is highly desirable for vacation rentals or luxury tenants. Additional highlights include a triple attached garage for vehicles, storage, or tenant use, outbuildings, a backyard shed, and a wooded area for privacy. With the option to live in one unit while renting the other or lease both levels separately, this property offers flexibility and strong cash flow potential. Don't miss this rare investment opportunity! All measurements are approximate and should be verified by purchaser. (id:56815)

Crapaud, Prince Edward Island

7-Unit Income Property in Crapaud, PEI ? High-Yield Opportunity. With a potential 8-10% cap rate Investment Highlights -Strong Rental Demand PEI?s rental market is one of Canada?s tightest, with a 1.1% vacancy rate ensuring consistent tenant demand. -Current Income: Four updated units generating $58,992 annually at market rents, with two additional units at below-market rents offering immediate upside potential. -Renovation Opportunity: One gutted unit ready for renovation, projected to yield $1,200/month at market rates upon completion, boosting total income to ~$80,000-$100,000/year. - Net Operating Income (NOI): Current NOI of $28,649 (2024 financials: $58,992 income, $30,343 expenses), with potential for 8-10% cap rate post-renovation. - Recent Upgrades: Modernized with weeping tile, basement drainage, heat pumps, and a new roof, reducing future maintenance costs. - Spacious Lot: 1.1 acres offers potential for future development or expansion (subject to zoning). - Historic Charm: The Howatt House, an architectural gem, adds unique appeal for tenants and investors. Property Details - Unit Breakdown: - 4 Updated Units: Fully renovated, leased at market rents ($880, $978, $978, $1000/month) -Units 1, 3, 4, 5, and 6 are eligible for the 2025 annual rent increase. - 2 Unrenovated Units: Below-market rents, (currently $539,$550) ideal for value-add upgrades to reach $1,200-$1,500/month each. - 1 Gutted Unit: Ready for renovation, with contractor estimates of $25,000-$35,000 to complete, unlocking $1,200/month in additional rent. - Financial Snapshot: - Current Annual Income: $58,992 (6 units) - Annual Expenses: $30,343 (utilities, taxes, maintenance) - Projected Income Post-Renovation: $30,000 (7 units at market rents) - Location Benefits: Crapaud offers a peaceful, rural setting just 30 minutes from Charlottetown, ideal for tenants seeking affordability and tranquility. Close to schools, local shops, and South Shore beaches. (id:56815)