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20-28 Miah Drive
Cornwall Prince Edward Island , C0A1H3 , Canada
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$3,400,000.00
MLS® 202403163
Investment
Acreage: Yes
Remarks:
Exceptional investment opportunity in a rapidly growing and sought-after Cornwall neighbourhood! Nestled within this thriving locale are meticulously maintained 12 units, distributed across two separate buildings. Each building has five two-bedroom units and one one-bedroom unit. These units produce positive cash flow and consistent full occupancy, complemented by an impressive tenant history. These turn-key units are equipped with modern amenities including fridge, stove, microwave, dishwasher, washer, dryer, and heat pump ensuite, cater perfectly to prospective tenants' desires. The recent addition of solar panels enhances energy efficiency and contributes to low operating costs. Even more enticing, a qualified Buyer has the option to assume the existing mortgage at a preferred lower interest rate, with approximately 2 and half years left on the term. Ideal for astute investors looking to expand their portfolio, call today! HST to be determined by individual basis. Note: Listing agent is related to the seller. (id:7526)

Property Features:
  • Amenities Nearby: Park , Playground , Public Transit , Recreation , Shopping
  • Community Features: School Bus
  • Equipment Type: None
  • Features: Balcony
  • OwnershipType: Freehold
  • Parking Type: Parking Spaces
  • Property Type: Multi-family
  • Rental Equipment Type: None
  • Sewer: Municipal sewage system
  • Zoning Type: Multi-Family
Building Features:
  • Appliances: Stove , Dishwasher , Dryer , Washer , Microwave , Refrigerator , Intercom
  • Basement Type: None
  • Building Type: Apartment
  • Exterior Finish: Vinyl
  • Flooring Type : Carpeted , Ceramic Tile , Laminate
  • Foundation Type: Concrete Slab
  • Heating Fuel: Electric , Solar
  • Heating Type: Radiant heat

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.

Not intended to solicit properties currently listed for sale.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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