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Renanza Realty
For sale

116 Walthen Drive

Charlottetown, Prince Edward Island

MLS® 202609132

$749,000

Status
Active
Property type
Multi-family
MLS® number
202609132
Bedrooms
Bathrooms
Year built
1975

Listing description

Welcome to 116 Walthen Drive, a fantastic investment opportunity in the heart of Charlottetown. This well-maintained 6-unit apartment building offers a solid income stream with a desirable unit mix of five 2-bedroom units and one 1-bedroom unit, appealing to a wide range of tenants. The property features a paved parking lot providing ample off-street parking for residents, as well as convenient coin-operated laundry, adding additional income potential.

Each unit offers functional layouts with strong rental appeal in a consistently sought-after location. Situated close to amenities, schools, shopping, and transit, this property is ideally positioned for both tenant convenience and long-term value appreciation. Whether you?

re looking to expand your portfolio or step into multi-unit investing, 116 Walthen Drive presents a turnkey opportunity in one of Charlottetown? s most desirable rental areas.

Property summary

MLS® number
202609132
Property type
Multi-family
Building type
Apartment
Title
Freehold
Land size
0.35 acres
Built in
1975
Annual property taxes
$10,120.57
Parking
Parking Space(s), Parking Space(s)
Days on market
118 days

Features & details

Heating
Baseboard heaters, Oil, Furnace
Flooring
Laminate, Carpeted, Ceramic Tile
Appliances
Refrigerator, Stove
Exterior features
Vinyl
Community features
School Bus

What would this home cost you?

Based on the $749,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$3,485 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX CHARLOTTETOWN REALTY, CHARLOTTETOWN.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.