Skip to content
Renanza Realty
For sale

21 Water Street

Charlottetown, Prince Edward Island

MLS® 202616469

$1,600,000

Status
Active
Property type
Multi-family
MLS® number
202616469
Bedrooms
Bathrooms
Year built

Listing description

Prime investment opportunity in the heart of Charlottetown! This well-located 14-unit apartment building offers an exceptional opportunity for investors seeking a strong, income-producing property in one of the city's most desirable rental markets. Ideally situated just minutes from downtown restaurants, shopping, the picturesque Charlottetown Harbour, and a full range of amenities, this property also benefits from excellent accessibility with frontage on two of Charlottetown's main streets.

Its central location continues to attract tenants and provides long-term investment appeal. Featuring excellent cash flow, ample on-site parking, and a proven rental history, this property is a fantastic addition to any real estate portfolio. Whether you're an experienced investor or looking to expand your holdings, this turnkey multi-unit building offers outstanding income potential in a high-demand location.

Property summary

MLS® number
202616469
Property type
Multi-family
Building type
Apartment
Title
Freehold
Land size
0.2 acres
Annual property taxes
$16,484.00
Parking
Parking Space(s), Parking Space(s)
Days on market
59 days

Features & details

Heating
Baseboard heaters, Oil, Electric, Furnace
Basement
Full
Flooring
Hardwood, Laminate
Appliances
Refrigerator, Range
Exterior features
Vinyl
Community features
School Bus

What would this home cost you?

Based on the $1,600,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$7,445 /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 CENTURY 21 COLONIAL REALTY INC, 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.