Multi-Units

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For sale Open House
$900,000
115 North River Road|115 A North River Road, Charlottetown, Prince Edward Island

115 North River Road, 115 A North River Road

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)

For sale
$489,900
11206 Shore Road, Little Sands, Prince Edward Island

11206 Shore Road

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)

For sale
$499,500
20417 TRANS CANADA HWY|Rte 1, Crapaud, Prince Edward Island

20417 Trans Canada Hwy, Rte 1

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)

For sale
$399,000
65-71 Donaldston Road, Mill Cove, Prince Edward Island

65-71 Donaldston Road

Mill Cove, Prince Edward Island

Fantastic rental unit opportunity in a prime North Shore location! This 5 unit mini home and cottage property features 1 ? 3BR mini, 2 ? 2BR minis, 1 ? 1BR mini and a 1BR winterized cottage. This private 1.39 acre property is located just 15min from Charlottetown and 5 min to the famous white sand National Park beaches of the North Shore. An ideal short term rental operation with many desirable tourist amenities nearby: Winter Bay Hiking trails, deep sea fishing charters, 18 hole golf, galleries, artisan shops, seafood marts, dining options and more. This turn key operation has been extensively renovated in recent years: insulation, wiring, walls, plumbing, fixtures, roofs, heat pumps, windows, doors, insulated skirting...too much to list! Add this to your rental portfolio or live on site and earn your income from home. (id:56815)

For sale
$469,900
2 Maple Lane, Kensington, Prince Edward Island

2 Maple Lane

Kensington, Prince Edward Island

Impressive 4 Plex in the town of Kensington. Features four apartments with tenants. Each apartment has kitchen, living room, 2 bedrooms and full bathroom. Plus the apartment building has a  laundry room equipped with a coin operated washer and dryer. The main door leads into a split entrance there is two apartments on the upper level and two apartments on the lower level. Great opportunity for someone to get started with an investment property in Central PEI. This wonderful building has a metal roof new in 2021, heated with baseboard, hot water heating by oil, and is conveniently hooked into the municipal water and sewer. The property also features a large paved parking lot for easy access for the tenants and close to shopping, school bus service, close to a recreational center, schools, and playgrounds. Plus walking distance to many amenities that include groceries, restaurants, coffee, shops, gas stations, building supplies, pharmacy just to name a few. A perfect location in between Summerside and Charlottetown. Tenants pay for their own electrical bill. Building Age is approximate. (id:56815)

For sale
$519,000
65 Douglas Street, Charlottetown, Prince Edward Island

65 Douglas Street

Charlottetown, Prince Edward Island

Located in the heart of Charlottetown this well maintained, over-under duplex is a great investment opportunity. Perfectly situated within walking distance to all amenities, tenants will enjoy the convenience of shops, restaurants, schools and more just steps from their door. The property features a spacious 2-bedroom unit on the main level and a second 2-bedroom unit on the upper level. Both units are equipped with their own washer & dryer providing added comfort and convenience. With tenants responsible for their own electricity, managing this property is simple and cost-effective. The property also offers ample parking, accommodating 4 to 5 vehicles on site - a valuable feature in this central location. Current rental income is strong with main level renting at $1,800 and the upper unit at $700 per month, making this a solid addition to any portfolio. Whether you're an experienced investor or just entering the market, this property is definitely worth the consideration. (id:56815)

For sale
$579,900
1-2 71 Woodleigh Drive, Kensington, Prince Edward Island

1-2 71 Woodleigh Drive

Kensington, Prince Edward Island

Looking for an incredible investment opportunity in a sought-after location? This semi-detached property in the heart of Kensington is the perfect find! Featuring two separate, fully updated 2-bedroom, 1-bathroom units, you can live in one and rent out the other for added income potential. Inside, you?ll enjoy an open concept layout with modern finishes, including stainless steel appliances, a custom fireplace, and charming pine ceilings that create a cozy, inviting atmosphere. The property is equipped with a heat pump, offering efficient heating in the winter and cooling in the summer for year-round comfort. Located just 10 minutes from Summerside and 40 minutes from Charlottetown, this property is close to all the essential amenities, making it an ideal choice for tenants or homeowners seeking convenience and accessibility. Don?t miss out on this fantastic investment in a great location?schedule a viewing today! (id:56815)

For sale
$399,900
341 Notre Dame Street, Summerside, Prince Edward Island

341 Notre Dame Street

Summerside, Prince Edward Island

If you?ve been thinking about getting into real estate investing?or adding to your portfolio?this fully rented triplex is a solid choice! With one 1-bedroom unit and two 2-bedroom units, it?s already home to great tenants who love the place, meaning you can step right in and start collecting rent hassle-free. Location? Can?t beat it! Nestled right in the heart of Summerside, this property is just minutes from everything?shopping, restaurants, schools, churches, legion, Credit Union Place, 7 km waterfront boardwalk and all the city?s amenities. Whether your tenants are commuters or simply enjoy the walkable lifestyle, they?ll love the location! Built with Island stone and durable vinyl siding, giving it that sturdy, low-maintenance appeal?less upkeep for you! Plus, there?s even a shed out back for extra storage for the tenants. Bottom line? This is a great investment that?s already working for you. Don?t wait too long?opportunities like this don?t stick around! (id:56815)

For sale
$379,900
8 School Street, Kensington, Prince Edward Island

8 School Street

Kensington, Prince Edward Island

Income opportunity!! Welcome to 8-10 School Street in the beautiful town of Kensington. Located on a quiet street and walking distance to most all Kensington has to offer. Just a one minute walk to banking, pharmacy, restaurants and so much more. This duplex offers 2 bedrooms and one bath for each unit with a full basement for all your storage needs! Recent important upgrades consist of a newly shingled roof just one year ago, 2 new heat pumps and a full electric upgrade with 200amp service. New basement windows, new flooring and oil tank only 5 years old. (id:56815)

For sale
$419,900
246-248 Cumberland Street|38 Longworth Avenue, Charlottetown, Charlottetown, Prince Edward Island

246-248 Cumberland Street, 38 Longworth Avenue, Charlottetown

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)

For sale
$539,000
308 Fitzroy Street, Charlottetown, Prince Edward Island

308 Fitzroy Street

Charlottetown, Prince Edward Island

An exceptional investment opportunity in the heart of Charlottetown! This well-maintained triplex offers three fully rented units with reliable long-term tenants, making it a turnkey addition to any investor's portfolio. Recent updates ensure low maintenance and modern appeal, while the property's prime location allows for effortless access to all downtown amenities, including shops, restaurants, parks, and entertainment. Off-street parking provides added convenience for tenants - an invaluable feature in the downtown core. Whether you're expanding your rental portfolio or looking for a solid income-generating property, this triplex delivers on both location and value. Don?t miss out. All measurements are approximate. (id:56815)

For sale
$1,449,900
85 Edward Street, Charlottetown, Prince Edward Island

85 Edward Street

Charlottetown, Prince Edward Island

85 Edward Street, Charlottetown Here?s a fantastic chance to own a newly renovated, 7-unit apartment building right in the heart of downtown Charlottetown. Perfectly located within walking distance of Holland College, the lively downtown core, and the scenic waterfront, this property offers both convenience and charm. Fully occupied with great tenants, this building is a steady source of income. It features 4 stylish one-bedroom units and 3 spacious two-bedroom units, all designed with modern living in mind. With its central location and strong rental history, 85 Edward Street is a smart, low-maintenance investment opportunity in a sought-after area. (id:56815)

For sale
$5,999,000
1 & 3 Fishers Lane, Tignish, Prince Edward Island

1 & 3 Fishers Lane

Tignish, Prince Edward Island

Exceptional investment opportunity in the heart of Tignish! Welcome to Noahs Place ? two beautifully designed 12-unit apartment buildings located at 10 and 12 Phillip Street. Each building offers 14,256 sq. ft. of high quality construction and features a smart unit mix: one 1 bedroom, nine 2 bedrooms, and two 3 bedroom units. Every apartment comes with its own private balcony, offering residents comfortable outdoor space and adding to the propertys appeal. These modern buildings are fully leased with long term tenants, delivering consistent positive cash flow and low vacancy risk. Built to the highest standards, Noahs Place showcases ICF construction, steel roofs, LED lighting, all-electric heating, and an elevator in each building. Designed for maximum energy efficiency, accessibility, and security, this property is truly turn key. The site features 72 paved parking spaces (36 per building), providing ample convenience for tenants and guests. Named in honour of a local fishermans son, Noahs Place captures the spirit of Tignish while delivering the style and modern living tenants seek today. Tignish is a vibrant and growing community on PEIs western shore, known for its rich fishing heritage, strong local economy, and expanding infrastructure. Demand for quality rental housing remains strong, making this an outstanding opportunity to invest in a stable, income-generating asset in a high potential area. Dont miss your chance to own a signature property in one of PEIs most charming and authentic communities! (id:56815)

For sale
$729,000
124 North River Road, Brighton, Prince Edward Island

124 North River Road

Brighton, Prince Edward Island

Location and Opportunity!  124 North River Rd is a property that looks like it's right out of a storybook with its beautiful curb appeal, Cape Cod style home, generous lot size, walking distance to the extraordinary Victoria Park, and placed in the highly sought after and very historic neighbourhood of Brighton! Currently being rented as an over/under duplex to very respectable tenants, one of which being an immediate family member of the Seller. You would have some options here: Continue renting both suites totalling $4000/mo of income; live in one suite and rent out the other to offset your mortgage; or the conversion to a single family home would be easy! The property has been very well maintained and updated over the years with current and previous owners. The main floor 3 bedroom 1.5 bath suite, combined with the basement totals over 2,500sqft with 1,626sqft of that being finished living space. The main floor includes 2 spacious bedrooms, a full bath, an updated modern kitchen, dining room, a spacious living room with original birch hardwood floors, and direct access to the deck and tranquil backyard! The main floor suite also includes the basement which has a large legal bedroom with an ensuite half bath, a laundry area, and a substantial space that could be used as a workshop, studio, and/or storage!  The upper suite can be described as bright and characteristic! With new engineered hardwood throughout, the comfort and coziness is felt immediately! The upper suite has 2 large bedrooms, 1 full bathroom, a kitchen with a new refrigerator, dining room, a massive living room- complete with a hidden storage bookshelf, and a Juliet balcony off the back overlooking the backyard. Outside, the long paved driveway has been expanded for a turn around area or extra parking, and the 2 car wired garage provides more parking, or extra storage if need be! Just a short drive or walk from downtown Charlottetown. (id:56815)

For sale
$374,000
21720 TCH, North Tryon, Prince Edward Island

21720 Tch

North Tryon, Prince Edward Island

Welcome to this spacious and versatile duplex, perfect for families or investors looking for a great property in North Tryon, PEI. Step inside one unit and be greeted by a bright and welcoming living room featuring large, newer windows that flood the space with natural light. The living area flows seamlessly into the dining room, creating an ideal setup for family gatherings and entertaining.The kitchen features a unique layout with a pantry-style design with larger flex space. You will find a convenient half bathroom under the stairs and the combined laundry/porch area by the rear entrance complete the main floor. Upstairs, you?ll find three oversized bedrooms and a full bathroom. The second level also includes a staircase leading to the expansive attic space, a blank canvas ready for your finishing touches, whether it?s an additional bedroom, studio, or bonus room. The right side of the duplex offers a very similar layout with some differences. Note: All measurements are approximate and to be verified by the Buyer if deemed necessary. The property will be surveyed before the closing date, with the duplex being sold on a full 1 acre lot. Photos are of the left side unit, and additional photos of the other unit will be added to the listing in the near future. Listing agents are related to the Sellers. (id:56815)

For sale
$689,000
90 - 94 Stockman Drive, Charlottetown, Prince Edward Island

90 - 94 Stockman Drive

Charlottetown, Prince Edward Island

NEW PRICE!! Excellent Owner occupied well maintained Side by Side in Very good condition Duplex with many updates over the last 5 years, in an Great location on the outskirts of the city in a quiet S/D within 10 mins of all amenities with a spacious back yard with 2 Garden Sheds backing onto Confederation trail. Heating system has been changed to Electric Convection Heat & New Electric HW Heaters, 200 amp panels wired for Heat pumps. New Roof shingles on Duplex & Garage. #90 has 3 Bedrooms, 2.5 Bathrooms, Gourmet Kitchen with S/S Appliances, Lunch Counter & New Laminate flooring, Formal Dining room and Livingroom with P/P Fireplace and Stackable Washer & Dryer and interlocking stone patio with a detached 24' x 30' Heated Garage. # 94 has 2 Bedrooms, 1.5 Baths, Nice freshly painted Eat-in Kitchen with new Countertops in kitchen & Bath C/W New 3 Pc Tub & Shower with fixtures and open concept Livingroom with electric Fireplace and Side by side Washer & Dryer with new Laminate flooring, new Back entrance doors in both units. Interlocking stone patio. Very good rents and excellent tenant in # 94. All Measurements are approximate and should be verified by Buyer if deemed necessary. (id:56815)

For sale
$429,000
7 BAYVIEW Crescent, Souris West, Prince Edward Island

7 Bayview Crescent

Souris West, Prince Edward Island

This turnkey duplex in desirable Souris West offers a smart addition to any portfolio. Each side features 2 beds, 1 bath, and full living spaces, with one unit recently updated. Located in a sought-after area with views of the Souris River and Colville Bay, this income generating property is in great shape and ready to perform. Don?t miss out. (id:56815)

For sale
$360,000
2 Wood Lane, Georgetown, Prince Edward Island

2 Wood Lane

Georgetown, Prince Edward Island

5 unit apartment house located on Wood Land in Georgetown. There are four 1 bedrooms apartments and 1 two bedroom apartment. Formerly known as Miramichi Lodge this was one of the historic old homes in Georgetown. This is a great investment property for the right buyer. There is a separate lot next door which is also listed for sale. (id:56815)

For sale
$410,000
76 DOUGLAS Street, Charlottetown, Prince Edward Island

76 Douglas Street

Charlottetown, Prince Edward Island

This affordable 2 unit downtown home building on 0.06 of an acre. Zoning R2. Great location! This property can be used as a single family home or as an income property. Short distance to school, downtown and groceries store. No PDS, property being sold ?as is where is?. All measurements are approximate and should be verified by purchaser if deemed necessary. (id:56815)

For sale
$769,000
237 & 239 Pownal Street, Charlottetown, Prince Edward Island

237 & 239 Pownal Street

Charlottetown, Prince Edward Island

Welcome to 237/239 Pownal Street, an exceptional property located in the heart of beautiful downtown Charlottetown. This well-maintained duplex offers two spacious 2-bedroom apartments, each filled with charm and character, making it an ideal investment opportunity or the perfect place to call home. With three dedicated parking spaces, a rare find in the downtown core, this property offers both convenience and value. Whether you're looking to generate rental income, live in one unit and rent the other, or convert it into a stunning single-family residence, the possibilities here are endless. Steps away from parks, restaurants, shops, and the Charlottetown waterfront, this is a true PEI dream home and a smart addition to any real estate portfolio. Don?t miss your chance to own a piece of historic Charlottetown! (id:56815)

For sale
$349,000
30 RTE 13, Crapaud, Prince Edward Island

30 Rte 13

Crapaud, Prince Edward Island

Looking for an income property or possibly a home that will help pay your bills. You can live in the bungalow and the tri-plex can help pay your mortgage. The main building is a triplex has a one bedroom, two bedroom and three-bedroom units, all in very good condition. There is a detached 20? x 28? single bedroom bungalow also on the property.  The bungalow is a newer build and move in ready. The tri-plex has vinyl windows and a good roof and all units are well maintained. The village of Crapaud has many amenities, including a grocery store, clinic, pharmacy, school, fitness center, seasonal restaurants and rink. This property is fully rented. This .5 acre lot has the potential to add more units. (id:56815)

For sale
$400,000
41 Main Drive East, Miscouche, Prince Edward Island

41 Main Drive East

Miscouche, Prince Edward Island

This well-maintained side-by-side duplex is a solid investment opportunity, offering two separate units?one with two bedrooms and the other with one. Each unit has its own private entrance, electrical meter, and in-unit washer and dryer. Tenants are responsible for their own utilities. The one-bedroom unit was renovated in May 2025 with new windows, flooring, ceilings, walls, fixtures, and more?it's bright, modern, and move-in ready. The two-bedroom unit was updated last year. Both units are fully electric, including heating and hot water, which keeps energy use efficient and costs predictable. Major exterior updates were completed six years ago, including a new roof, siding, and more. Outside, there?s a spacious backyard with great potential for future development or added outdoor living space. The property is conveniently located within walking distance to a school, church, convenience store, museum, playground, post office, and more. It?s also just a 4-minute drive to Slemon Park and 7 minutes to uptown Summerside. (id:56815)

For sale
$599,000
469 QUEEN Street, Charlottetown, Prince Edward Island

469 Queen Street

Charlottetown, Prince Edward Island

Fantastic triplex sitting on a large, centrally located lot in Charlottetown. This building has been exceptionally maintained, featuring two units with 3 bedrooms, 1 bathroom and a lower level bachelor unit. Each unit has a heat pump for heating and cooling. There is plenty of additional common space for storage, a detached garage and an inviting backyard. Located within walking distance to amenities, schools, parks, UPEI and more. Take advantage of this excellent investment opportunity today! (id:56815)

For sale
$778,000
60-62 Marion Drive, Stratford, Prince Edward Island

60-62 Marion Drive

Stratford, Prince Edward Island

Property is a large duplex consisting of two side by side units which seller will subdivide at sellers expense prior to closing if so desired. Seller will also install electric boiler for 62 Marion Drive at seller's expense prior to closing. Each unit has 3 bedrooms and 2 baths, living room, dining area and family room off kitchen and a single attached garage. Each unit has a separate shed and nice patio off the dining area. A separate area at the back currently houses the furnace. Seller will install Electric Boiler for #62 prior to closing at sellers expense. This is ideal for a young family, young professional couple or a retired couple. Close to schools, ball fields, rinks, soccer fields, soccer complex, churches, the town hall, fitness centres, shopping and grocery stores. 5 minutes takes you to downtown Charlottetown. Both units are very well constructed. Great opportunity to move into one side and rent the other to offset your mortgage or rent both sides as an income property. You decide. Units 60 & 62 have been vacant for some time. (id:56815)