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Renanza Realty
For sale

314-316 Richmond Street

Charlottetown, Prince Edward Island

MLS® 202614164

$599,000

Status
Active
Property type
Multi-family
MLS® number
202614164
Bedrooms
Bathrooms
Year built

Listing description

Excellent turn key investment opportunity in the heart of downtown Charlottetown. This well-maintained 3-unit apartment building features two renovated 1-bedroom, 1-bathroom units and one spacious 3-bedroom, 1-bathroom unit. All units are equipped with energy-efficient heat pumps and electric heat, providing comfortable heating and cooling year-round.

Additional features include shared coin-operated laundry, ample parking, and a new roof installed in 2025. Ideally situated within the desirable Lot 500 zoning area, this property is just steps from Holland College, the Charlottetown waterfront, shopping, restaurants, parks, and all downtown amenities. With strong rental appeal and an unbeatable location, this is a fantastic opportunity for investors looking to add a quality income property to their portfolio.

Property summary

MLS® number
202614164
Property type
Multi-family
Building type
Triplex
Title
Freehold
Land size
0.09
Annual property taxes
$4,201.67
Parking
Gravel
Days on market
100 days

Features & details

Heating
Electric, Wall Mounted Heat Pump
Cooling
Air Conditioned
Flooring
Laminate, Vinyl
Appliances
Washer, Refrigerator, Range - Electric, Dryer, Microwave
Exterior features
Vinyl

What would this home cost you?

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

Estimated monthly payment$2,787 /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.