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For sale
$3,900,900
14 Sunset Drive, Kensington, Prince Edward Island

14 Sunset Drive

Kensington, Prince Edward Island

Outstanding 16-Unit Investment Opportunity ? Kensington, PEI A rare opportunity for investors and business owners to acquire a well-maintained, income-producing 16-unit property in wonderful Kensington, Prince Edward Island. Opportunities like this don?t come along often! This impressive investment consists of 16 spacious 2-bedroom units, made up of two 6-unit apartment buildings plus an adjacent 4-unit building. The property has been meticulously cared for by its original owner since day one and is only 12 years young. With a 2-year waiting list, demand for these units is exceptionally strong, providing an attractive opportunity for an investor looking for stable, long-term income. Property Highlights:16 total 2-bedroom units, Two 6-unit apartment buildings plus an adjacent 4-unit building, Only 12 years old, Extremely well maintained by the original owner, Approximately $250,000 per door or less ? an exceptional value 2-year waiting list demonstrating strong rental demand, Every unit has its own heat pump, Electric heat ? no oil, Very good soundproofing, Each unit includes a large 15' × 24' attached garage, Additional garage/storage space, Desirable location in Kensington, PEI, Strong potential for long-term income and future appreciation. This is an excellent opportunity to add a quality income-producing asset to your portfolio or build an outstanding retirement investment package. Well-maintained properties, strong tenant demand, individual heating systems and attached garages make this a very attractive investment opportunity. Opportunities of this size and quality are rare ? don?t miss your chance to take a closer look. Contact us today for additional information and financial details. (id:34223)

For sale
$3,480,000
55/63 Russell Street, Summerside, Prince Edward Island

55/63 Russell Street

Summerside, Prince Edward Island

Located at 55?63 Russell Street in Summerside, Prince Edward Island, this offering presents an opportunity to acquire a modern 16-unit multi-residential investment property comprising two purpose-built 8-unit apartment buildings. Built in 2020 by AFFLECK Construction, the property offers investors the benefits of newer construction, functional unit layouts, and potentially reduced near-term capital expenditure requirements compared with older multi-family inventory. All 16 residential units feature a two-bedroom, one-bathroom layout, with each unit including in-suite laundry with its own washer and dryer, along with a fully equipped kitchen featuring a stove, refrigerator, dishwasher, and microwave. The property is currently fully occupied, providing an established rental income stream and a stable operating profile. Its combination of modern construction, consistent unit configuration, and full occupancy makes it well suited to investors seeking a quality income-producing asset with long-term holding potential. The property is conveniently located in Summerside with access to shopping, schools, employment, healthcare, public services, and other everyday amenities, supporting continued tenant demand and long-term rental appeal. This offering is suitable for experienced multi-residential investors, portfolio owners seeking to expand their holdings, and qualified purchasers looking to acquire a substantial rental asset in Prince Edward Island. A detailed rent roll, operating statements, and supporting financial information are available to qualified purchasers upon request. To respect tenant privacy and minimize disruption, showings will be arranged for serious and financially qualified purchasers only, with a minimum of 48 hours? notice. 55?63 Russell Street offers a compelling opportunity to acquire a fully occupied, relatively modern 16-unit multi-residential asset in one of Prince Edward Island?s key regional markets. (id:34223)

For sale
$1,320,000
11,13,15,17 BRIGGS Street, Summerside, Prince Edward Island

11,13,15,17 Briggs Street

Summerside, Prince Edward Island

Recently built 4 unit in the heart of Summerside. All units are rented and ready for an investor to purchase the property turnkey. All units have 2 large bedrooms and 2 bathrooms. (id:34223)

For sale
$458,000
30-32 Spring Park Road, Charlottetown, Prince Edward Island

30-32 Spring Park Road

Charlottetown, Prince Edward Island

Two addresses. Two living spaces. One smart downtown investment. Located in the heart of Charlottetown and within walking distance of shops, restaurants, Holland College, the Waterfront area and everyday amenities, this well-maintained, newly renovated side-by-side duplex offers flexibility for investors and owner-occupiers alike. Live comfortably in one side while renting the other to help offset your mortgage-or add both units to your investment portfolio. Currently vacant, unit #32 provides an opportunity to select your own tenant or explore owner-occupancy. It features a spacious, open-concept kitchen, dining and living area with a newly installed heat pump. Patio doors open onto a quiet, fenced backyard. A generously sized bedroom, full bathroom and laundry area complete the main level. Upstairs, the large primary bedroom offers a walk-in closet and private ensuite bathroom. The owner-occupied residence #30 features an open-concept kitchen and dining area with a new countertop, one bedroom and a renovated full bathroom. Two additional bedrooms are located upstairs. With five bedrooms and three full bathrooms in total, separate electrical meters and electric heating throughout, this property is designed for practical two-unit living. Numerous updates have been completed in recent years, making it an appealing opportunity in one of Charlottetown's most convenient locations. Whether you're beginning your real estate investment journey, expanding an existing portfolio or looking for a home with income potential, this downtown duplex deserves a closer look. All measurements are approximate and should be independently verified by purchasers if deemed necessary. (id:34223)

For sale
$449,000
59-61 Spring Park Road, Charlottetown, Prince Edward Island

59-61 Spring Park Road

Charlottetown, Prince Edward Island

An exceptional opportunity in the heart of Charlottetown, 59?61 Spring Park Road offers an updated side-by-side duplex with excellent flexibility for investors, owner-occupiers, or multi-generational living. Unit 59 features three bedrooms and a refreshed bathroom, while Unit 61 offers two bedrooms and an updated full bathroom. Both units have undergone extensive renovations, including updated siding with added foil insulation, waterproof and scratch-resistant flooring, updated doors and trim, renovated kitchens, upgraded lighting and electrical work, and more. The previous oil heating system has been replaced with electric heat, providing a cleaner and more convenient heating option. The driveway along the left side of Unit 59 has been extended, providing additional off-street parking for multiple vehicles. Both units are now completely vacant, thoroughly cleaned, fully renovated, and move-in ready. This turnkey property allows the new owner to take possession with ease and without the need for immediate improvements or tenant transitions. The fully vacant status provides exceptional flexibility for an investor to select their own tenants and establish new leases, or for an owner-occupier to move into one unit while renting the other. Conveniently located in Charlottetown with easy access to schools, shopping, public transit, and everyday amenities, the property offers rental appeal and excellent income potential. Based on previous rental history, the property generated approximately $45,600 in annual rental income, with approximate annual expenses of $8,401, resulting in an approximate net income of $37,199. Whether purchased as a fully vacant investment property, an owner-occupied income property, or for multi-generational living, 59?61 Spring Park Road presents a rare turnkey opportunity in a convenient Charlottetown location. All measurements and financial information are approximate and should be independently verified by the purchaser if (id:34223)

For sale
$1,399,900
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:34223)

For sale
$849,000
91 Central Street, Summerside, Prince Edward Island

91 Central Street

Summerside, Prince Edward Island

Beautiful century home featuring 4 - 2 bedroom apartments. When looking for a quality rental investment property, one should look for large well cared-for apartments with nice amenities as they attract good tenants. This property has that and more when you consider parking, location and the fact that it is fully occupied with all tenants going into their 6th and 2nd years of occupancy. This lovely property has been meticulously maintained over the years and was fully renovated in 2020 to offer both historic character including sweeping staircases, original trim, and high ceilings, as well as upgrades to provide modern charm such as large, bright spaces with custom kitchens in three of the units and 1.5 baths in one of the units. All units feature full fire break walls, sound remediation, high efficiency Heat Pumps and Convect Air Heaters, as well as separate Hot Water tanks. Among the many renovations completed: electrical upgraded to 200 AMP service, installation of egress windows, refinishing of hardwood floors, and the addition of Greenfoot spray foam insulation to the foundation. This property also includes 2 double-wide paved driveways and a detached 24?X 28? wired garage. Call your Realtor today to check out this exceptional income property. (id:34223)

For sale
$999,000
2,4,6,8 2 Gussey Lane, North Rustico, Prince Edward Island

2,4,6,8 2 Gussey Lane

North Rustico, Prince Edward Island

New build! 4 two bedroom, one bath units in North Rustico. Two units are at the front of the building, and two are at the rear. This attractive 4 unit property located in the heart of North Rustico is walking distance to many amenities. This is a great investment property. Choose your tenants. (id:34223)

For sale
$795,000
23, 25, 27, 29 Mont Carmel Road, Wellington, Prince Edward Island

23, 25, 27, 29 Mont Carmel Road

Wellington, Prince Edward Island

An incredible opportunity awaits with this well-maintained four-unit property located on Mont Carmel Road in the heart of Wellington, Prince Edward Island. Offering the perfect combination of homeownership and investment potential, you can live comfortably in one unit while generating rental income from the other three. A smart way to offset your mortgage while building long-term wealth. Each of the four units features a functional 2-bedroom, 1-bathroom layout, complete with its own heated single-car garage and paved driveway, providing comfort, convenience, and privacy for both owners and tenants. These thoughtfully designed units offer low-maintenance living and strong rental appeal, making this an excellent addition to any investment portfolio. Ideally situated within walking distance of Wellington's many conveniences, you'll enjoy easy access to the Co-op grocery store, Credit Union, Access PEI, PEI Liquor, Esso, and the scenic Confederation Trail. Just a 5-minute drive away, Abram Village offers even more community amenities, including the recreation center/hockey arena, and a fully equipped fitness center. And only a 20-minute drive to your nearest city of Summerside. Whether you're looking to expand your investment portfolio, live in one unit while the others help pay your mortgage, or add a quality income-producing property to your holdings, opportunities like this are rare. Combining excellent cash-flow potential with an unbeatable location and desirable unit features, this fourplex is an exceptional opportunity you won't want to miss. (id:34223)

For sale
$885,000
13 & 15 Paddington Avenue, West Royalty, Prince Edward Island

13 & 15 Paddington Avenue

West Royalty, Prince Edward Island

New construction. New standard. Welcome to 13 & 15 Paddington Avenue, a stunning semi-detached duplex in Charlottetown's West Royalty designed to feel anything but standard. Step inside to soaring 9' ceilings throughout, opening up into a dramatic 10' tray ceiling over the main living space, the kind of detail that turns a house into a home. The kitchen is the showstopper: quartz countertops, crisp cabinetry, and a full suite of included appliances, built for real entertaining. The primary suite is a genuine retreat, with a private ensuite bath and a generous walk-in closet. Two additional bedrooms and a second full bath give everyone room to breathe, perfect for a growing family, guests, or a home office that actually feels like one. Outside, this home doesn't cut corners: an attached 1.5-car garage with EV charger, a dedicated parking drain, poured concrete decking, and a stonework walkway that makes the front door feel like an arrival, plus a covered front porch for your morning coffee. Built on a durable concrete foundation with an ICF party wall between units, this home delivers real soundproofing and energy efficiency, backed by quality finishes and a builder's new home warranty throughout. Location seals the deal: minutes to downtown Charlottetown, UPEI, shopping, restaurants and the airport, all from a quiet, up-and-coming West Royalty street zoned R2S. Option to purchase both sides for the ultimate investment play. Estimated completion is December 1st 2026. HST rebate assigned back to vendor. All measurements are approximate and should be verified by purchaser if deemed necessary. (id:34223)

For sale
$989,000
276 FLOATING BRIDGE Road, Murray River, Prince Edward Island

276 Floating Bridge Road

Murray River, Prince Edward Island

Nestled near the beautiful fishing village of Murray River and its glittering waterside vistas, this fully furnished multi-unit fourplex at 276 Floating Bridge Road boasts simple aesthetic charm by way of ultramodern design on a trimmed 1.2-acre plot; covered verandas offer additional, high-end summer relaxation! Each spotless interior layout features large, open-concept living and kitchen arrangements with plentiful closet space. Each unit?s generous front room entertainment space promotes togetherness and harmony, and modern kitchens demonstrate culinary adaptability for casual and gourmet lovers alike, replete with slick bar-style countertops. In-house laundry amenities make household duties a breeze, while two sparkling bathrooms in each unit provide unparalleled convenience and luxury, outfitted with glass walk-in showers and deep-soaker, ceramic tile Jacuzzi tubs. Finally, each unit comes with two large, comfortable bedrooms for the coziest and most private accommodations for any family needs. All 4 units have executed 1-year leases. (id:34223)

For sale
$474,700
250-252 Central Street, Summerside, Prince Edward Island

250-252 Central Street

Summerside, Prince Edward Island

250 and 252 Central Street, Beautifully Renovated Two Unit with Income Potential in the Heart of Summerside Welcome to 250 and252 Central Street, a fully updated two unit, two story home on a corner lot in one of Summersides most sought after neighbourhoods.This beautiful property offers the perfect combination of charm, modern convenience, and income potential. Live in one side while the second unit helps offset your mortgage, or rent out both units as a prime investment property. Originally built in 1910 and extensively renovated with over 230 thousand dollars in upgrades, this home blends original character with modern style. The main residence at250 Central makes up about 60 percent of the total living space and features PEI milled birch hardwood floors, a stylish modernkitchen, bright living areas, and thoughtful updates throughout. Efficiently heated with electric, the home is move in ready withupdated appliances included. The second unit at 252 Central is completely separate, covering approximately 40 percent of the home.It includes its own entrance, kitchen, bathroom, and living space, creating a self contained one bedroom apartment. It is currently vacant for your extended family or a renter of your choosing. The yard is a peaceful oasis with mature apple trees and a powered 21x 16 shed, complete with a generator hookup, workbench, and an extra fridge. Perfect for hobby space, storage, or a work shop.There are two civic addresses, two electrical meters, four paved parking spots, and shared municipal water and sewer. Property taxes are billed separately for each unit. This is a rare opportunity to own a move in ready home with built in income in the heart of Summerside. Book your private showing today and see what makes 250 and 252 Central Street such a smart and special property. (id:34223)

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