821 PE-25 Route
York, Prince Edward Island
MLS® 202614689
$1,600,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 202614689
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 2021
1 / 34Listing description
Exceptional investment opportunity just 10 minutes from Charlottetown! This well-maintained fourplex is situated on a spacious 2. 1-acre lot, offering the perfect combination of steady rental income, privacy, and future potential.
Featuring four residential units, this property is an ideal addition to any investment portfolio. Investors will appreciate the strong income-generating potential, while owner-occupants can live in one unit and offset their mortgage by renting the remaining three. Located in a peaceful setting with easy access to Charlottetown's amenities, shopping, schools, and employment centers, this property offers the best of both worlds?
country living with city convenience. The generous acreage provides ample outdoor space and potential for future improvements, subject to applicable approvals. In addition to long-term rental income, the property's location near Charlottetown, Brackley Beach, and other popular North Shore attractions makes it an excellent candidate for short-term rental or Airbnb opportunities, subject to municipal regulations and approvals.
Whether you're an experienced investor seeking a cash-flowing asset or a buyer looking for a smart house-hacking opportunity, this fourplex offers outstanding value and long-term potential in a highly desirable area.
Property summary
- MLS® number
- 202614689
- Property type
- Multi-family
- Building type
- Fourplex
- Title
- Freehold
- Land size
- 2.1
- Built in
- 2021
- Annual property taxes
- $8,644.00
- Parking
- Parking Space(s)
- Days on market
- 91 days
Features & details
- Heating
- Radiant heat, Central Heat Pump
- Cooling
- Air Conditioned
- Basement
- None
- Flooring
- Laminate, Vinyl
- Appliances
- Refrigerator, Dishwasher, Stove, Washer/Dryer Combo
- 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.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of POWERHOUSE REALTY PEI INC, Winsloe.
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.