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Renanza Realty
For sale

260 Grafton Street

Charlottetown, Prince Edward Island

MLS® 202608517

$1,599,000

Status
Active
Property type
Multi-family
MLS® number
202608517
Bedrooms
Bathrooms
Year built
1929

Listing description

Excellent Investment Opportunity in Downtown Charlottetown! This well-maintained mixed-use building offers the perfect combination of commercial and residential income potential. The ground floor features a versatile commercial unit in a high-traffic area, ideal for retail or office space.

The second level includes four residential apartments: one spacious 2-bedroom unit and three 1-bedroom units, all designed for comfortable urban living. Centrally located near Holland College and within walking distance to all of Charlottetown's amenities, this property is perfectly positioned for strong rental demand. The building was completely renovated in 2016, ensuring modern finishes and efficient systems throughout.

Heating and cooling are provided by cost-effective electric systems for added convenience. With downtown mixed-use zoning, this property presents endless possibilities for both investors and business owners alike.

Property summary

MLS® number
202608517
Property type
Multi-family
Building type
Apartment
Title
Freehold
Land size
0.08
Built in
1929
Annual property taxes
$5,551.17
Parking
None
Days on market
132 days

Features & details

Heating
Electric, Wall Mounted Heat Pump
Basement
Full
Appliances
Refrigerator, Stove
Exterior features
Vinyl
Community features
School Bus

What would this home cost you?

Based on the $1,599,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$7,440 /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.