21 Water Street, Charlottetown, PE C1A1A2
Charlottetown
Key Facts
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. (id:31684)
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Lot Size
0.20 acres
Ownership
Freehold
Zoning
Multi-Family
Listing #
202616469
Property Features
Heating
Flooring
Sewer
Affordability Calculator
$320,000
Estimated monthly payment
$8,516/mo
Principal $1,280,000 · Est. interest $1,785,714 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Charlottetown, PE
- CA$520,000
- Median Listing Price
- 65
- Median Days on Market
- 5,019
- Median Sq Ft
- CA$256
- Median Price / Sq Ft
- 238
- Active Listings
- This home’s price is 208% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Charlottetown, PE.
Location
- 21 Water Street, Charlottetown, PE C1A1A2
Points of Interest in Charlottetown, PE
Showing the Charlottetown area map.
Nearby Schools
St. Jean's Elementary
Elementary · 1.0 km away
Prince Street Elementary
Elementary · 1.1 km away
Birchwood Intermediate School
School · 1.3 km away
West Kent Elementary School
Elementary · 1.5 km away
Queen Charlotte Intermediate School
School · 1.5 km away
Colonel Gray Senior High School
Secondary · 1.5 km away
Immanuel Christian School
School · 1.8 km away
Spring Park Elementary School
Elementary · 1.9 km away
Stratford Elementary School
Elementary · 2.4 km away
Parkdale Elementary School
Elementary · 2.4 km away
Headstart Early Learning Centre
School · 2.8 km away
Charlottetown Rural High School
Secondary · 3.5 km away
School's
School · 3.5 km away
Private Institute of Hair Design & Aesthetics
Secondary · 3.6 km away
Tiny Tot Early Years Centre
School · 3.7 km away
Stonepark Intermediate School
School · 4.0 km away
Ecole Francois-Buote
School · 4.3 km away
Grace Baptist Church
School · 4.7 km away
West Royalty Elementary School
Elementary · 5.9 km away
LM Montgomery Elementary School
Elementary · 6.3 km away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 202&216 University Avenue, Charlottetown, PE | CA$1,150,000 | — | — | 3,238 |
| 51 Grafton Street, Charlottetown, PE | CA$1,190,000 | — | — | — |
| 36 Rochford Street, Charlottetown, PE | CA$1,200,000 | — | — | — |
| 100 & 100A Brighton Road, Charlottetown, PE | CA$1,249,000 | 8 | 6 | — |
| 29 Inkerman Drive, Charlottetown, PE | CA$1,249,000 | 5 | 4 | — |
| 93 Water Street, Charlottetown, PE | CA$1,290,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Charlottetown
Listing Courtesy: CENTURY 21 COLONIAL REALTY INC
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