Multi-Family Properties for Sale in Prince Edward Island Province

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Duplex for sale: 6-8 Trafalgar Drive, Charlottetown

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$675,000

6-8 Trafalgar Drive, Charlottetown (Charlottetown), Prince Edward Island C1A 3Z3

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23 days

Welcome to 6-8 Trafalgar Street! Exceptional investment opportunity or ideal multi-family living in this fully renovated two-storey duplex, located in the heart of Charlottetown. Offering a versatile layout, each side features 3 bedrooms and 1 full bathroom, perfect for extended families,

Duplex for sale: 11206 Shore Road, Little Sands

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$499,000

11206 Shore Road, Little Sands (Little Sands), Prince Edward Island C0A 1W0

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19 days

Prime Investment Opportunity! Modern Rancher with stunning Water Views & Income Potential This 5-bedroom, 4-bathroom modern Rancher offers breathtaking Northumberland Strait views and an outstanding income-generating opportunity. Whether for a rental property, multi-generational living, or

Duplex for sale: 21720 TCH, North Tryon

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$379,000

21720 Tch, North Tryon (North Tryon), Prince Edward Island C0B 1A0

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99 days

Welcome to this spacious and versatile duplex, perfect for families or investors looking for a great property in North Tryon, PEI. Step inside one unit and be greeted by a bright and welcoming living room featuring large, newer windows that flood the space with natural light. The living area

Apartment for sale: 1319 Gulf Shore Parkway E, Stanhope

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$729,000

1319 Gulf Shore Parkway E, Stanhope (Stanhope), Prince Edward Island C0A 1P0

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119 days

When Viewing This Property On Realtor.ca Please Click On The Multimedia or Virtual Tour Link For More Property Info. Would you love to own a piece of PEI Oceanfront paradise? Turn-key waterfront cottage business in the heart of North Shore National Park in Stanhope Beach PEI. One of the Island's

Listed by: Jonathan David,Pg Direct Realty Ltd.
Duplex for sale: 208 Kennedy Street, Montague

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$250,000

208 Kennedy Street, Montague (Montague), Prince Edward Island C0A 1R0

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21 days

Duplex Opportunity in the Heart of Montague 208 Kennedy Street Welcome to 208 Kennedy Street, a well-situated over/under duplex nestled on a quiet residential street just steps from the water in the vibrant town of Montague. This property offers incredible flexibility? whether you're seeking

Duplex for sale: 70-76 RTE 225, Warren Grove

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$649,900

70-76 Rte 225, Warren Grove (Warren Grove), Prince Edward Island C0A 1H5

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78 days

Welcome to 76 Rte 225, Warren Grove?an executive home on 1.16 manicured acres. This custom-built property offers both elegance and functionality, featuring a spacious 3 bedroom, 1.5 bath main house and an attached 2 bedroom, 1 bath ground-level suite at 70 Rte 225. Whether you seek a multi-generational

Janessa Wolters,Island Homes Pei Real EstateListed by: Janessa Wolters,Island Homes Pei Real Estate
Duplex for sale: 60-62 Marion Drive, Stratford

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$788,000

60-62 Marion Drive, Stratford (Stratford), Prince Edward Island C1B 3G1

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13 days

Take Stratford Rd. to Marion Dr. on left, building on right. Property is a large duplex consisting of two side by side units which seller will subdivide at sellers expense prior to closing if so desired. Each unit has 3 bedrooms and 2 baths, living room, dining area and family room off kitchen

Kevin Quinn,Re/max Charlottetown RealtyListed by: Kevin Quinn,Re/max Charlottetown Realty
Duplex for sale: 5-7 robertson Road, East Royalty

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$520,000

5-7 Robertson Road, East Royalty (East Royalty), Prince Edward Island C1C 1K6

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0 baths
201 days

Welcome to 5-7 Robertson Road, a rare and rewarding opportunity to own a well-maintained, side-by-side duplex in one of Charlottetown?s most desirable neighbourhoods East Royalty. Whether you're looking to grow your investment portfolio or secure a home with built-in rental income, this property

Daniel Rashed,Royal Lepage Prince Edward RealtyListed by: Daniel Rashed,Royal Lepage Prince Edward Realty
Duplex for sale: 115 North River Road|115 A North River Road, Charlottetown

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$900,000

115 North River Road|115 A North River Road, Charlottetown (Charlottetown), Prince Edward Island C1A 3K7

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8 days

Welcome to 115 North River Road, a rare and versatile 2-unit property in the heart of Brighton - one of Charlottetown?s most sought-after neighbourhoods. Set on a beautifully maintained lot within walking distance to downtown, Victoria Park, schools, and the boardwalk, this property offers

Kelly Lantz,Century 21 Colonial Realty IncListed by: Kelly Lantz,Century 21 Colonial Realty Inc
Fourplex for sale: 4642 Route 17, Murray Harbour North

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$319,000

4642 Route 17, Murray Harbour North (Murray Harbour North), Prince Edward Island C0A 1R0

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2 days

Amazing opportunity to own your own 4 unit investment property, offering positive cash flow, at an unbelievably low price. This property offers 4 two bedroom units nestled on .96 acre parcel of land and situated in the charming village of Murray Harbour North. 3 of the units have long term

Cheryl Burns,Provincial RealtyListed by: Cheryl Burns,Provincial Realty
Apartment for sale: 261-263 GRAFTON Street, Charlottetown

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$549,000

261-263 Grafton Street, Charlottetown (Charlottetown), Prince Edward Island C1A 1L4

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51 days

Welcome to 261 Grafton Street! This fantastic multi-unit property offers 5 units and is ideally located just a short walk from a variety of excellent amenities, as well as being steps away from Holland College Campus. The building includes two 1-bedroom units on the main floor, two 3-bedroom

Duplex for sale: 617-619 Queen Street, Charlottetown

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$630,000

617-619 Queen Street, Charlottetown (Charlottetown), Prince Edward Island C1A 2W8

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54 days

This duplex could make a good investment property, with its close proximity to the University of Prince Edward Island. It is within close walking distance of bus routes, shopping and restaurants. A new bathroom has been added to number 617 in the basement. (id:27476)

Rosemary Wall,Century 21 Colonial Realty IncListed by: Rosemary Wall,Century 21 Colonial Realty Inc
Duplex for sale: 176 Cape Bear Road, Murray River

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$399,000

176 Cape Bear Road, Murray River (Murray River), Prince Edward Island C0A 1W0

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0 baths
131 days

Well built, well maintained and extensively renovated, this solid duplex offers low maintenance and a high return on your investment. Offering potential for a 9% Cap Rate this property is worth exploring. Situated on a beautiful big lot with a circular driveway in the heart of Murray River,

Cheryl Burns,Provincial RealtyListed by: Cheryl Burns,Provincial Realty
Duplex for sale: 91 A/B Beach Street, Charlottetown

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$339,900

91 A/b Beach Street, Charlottetown (Charlottetown), Prince Edward Island C1A 5G7

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58 days

Explore this versatile property, ideally located just a short stroll from Downtown and Holland College. Unit 91A boasts a cozy living room that seamlessly connects to the dining area and kitchen, creating a warm and inviting atmosphere. Relax on the back deck while enjoying tranquil views

Apartment for sale: 1 & 3 Fishers Lane, Tignish

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$5,999,000

1 & 3 Fishers Lane, Tignish (Tignish), Prince Edward Island C0B 2B0

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50 days

From Veteran's Memorial Hwy 2 Destination will be on the left Exceptional investment opportunity in the heart of Tignish! Welcome to Noahs Place ? two beautifully designed 12-unit apartment buildings located at 10 and 12 Phillip Street. Each building offers 14,256 sq. ft. of high quality

Christopher Bentley,Peiagents Realty Inc.Listed by: Christopher Bentley,Peiagents Realty Inc.
Apartment for sale: 2 Wood Lane, Georgetown

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$360,000

2 Wood Lane, Georgetown (Georgetown), Prince Edward Island C0A 1L0

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0 baths
322 days

5 unit apartment house located on Wood Land in Georgetown. There are four 1 bedrooms apartments and 1 two bedroom apartment. Formerly known as Miramichi Lodge this was one of the historic old homes in Georgetown. This is a great investment property for the right buyer. There is a separate

Duplex for sale: 25 MacLaren Avenue, Montague

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$318,900

25 Maclaren Avenue, Montague (Montague), Prince Edward Island C0A 1R0

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2 days

Don't miss out on the opportunity to add this lovely Duplex in the heart of Montague to your Investment Portfolio. This property is situated within walking distance to schools and downtown. Both sides of the duplex feature 3 bedrooms, 1 full bath, and have been well maintained over the years.

Cheryl Burns,Provincial RealtyListed by: Cheryl Burns,Provincial Realty
Fourplex for sale: 29 Churchill Avenue, Brighton

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$749,000

29 Churchill Avenue, Brighton (Brighton), Prince Edward Island C0A 1R0

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0 baths
67 days

Heart of Brighton!! Great 4 Plex for sale- One -One bedroom one- two bedroom One- Three bedroom One- Four bedroom Unique- In The heart of Brighton!! Lots of Parking! (id:27476)

Hamish Redpath,Royal Lepage Country Estates 1985 LtdListed by: Hamish Redpath,Royal Lepage Country Estates 1985 Ltd
Apartment for sale: 163 - 165 Nassau Street E, Charlottetown

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$925,000

163 - 165 Nassau Street E, Charlottetown (Charlottetown), Prince Edward Island C1A 2X3

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0 baths
24 days

The property is located on Nassau Street in Charlottetown directly behind The Great Canadian Bagel Restaurant. Located in the heart of Charlottetown, this well maintained 6 unit apartment building presents an exceptional investment opportunity. With a prime location in one of the city's most

Ian Walker,Elite Real Estate Advisors Inc.Listed by: Ian Walker,Elite Real Estate Advisors Inc.
Triplex for sale: 246-248 Cumberland Street|38 Longworth Avenue, Charlottetown, Charlottetown

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$419,900

246-248 Cumberland Street|38 Longworth Avenue, Charlottetown, Charlottetown (Charlottetown), Prince Edward Island C1A 5C7

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0 baths
33 days

Corner of Cumberland St and Longworth St This beautiful Triplex apartment building with onsite parking in the heart of Charlottetown, near Holland College and walking distance to all of the amenities is being Sold Vacant. New owner can live there or choose their own tenants. These well kept

Christine Mcaleer,Coldwell Banker/parker Realty Hunter RiverListed by: Christine Mcaleer,Coldwell Banker/parker Realty Hunter River
Fourplex for sale: 192-194 Great George Street|198 Great George Street, Charlottetown

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$1,298,000

192-194 Great George Street|198 Great George Street, Charlottetown (Charlottetown), Prince Edward Island C1A 4L3

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183 days

Prime Investment Opportunity in the Heart of Charlottetown** Welcome to 192-194-198 Great George Street, a distinguished property in Charlottetown's vibrant core. This unique offering includes a well-maintained building featuring four versatile units and an additional corner lot currently

Bassel Malke,Royal Lepage Prince Edward RealtyListed by: Bassel Malke,Royal Lepage Prince Edward Realty
Duplex for sale: 41 Main Drive East, Miscouche

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$400,000

41 Main Drive East, Miscouche (Miscouche), Prince Edward Island C0B 1T0

0 beds
0 baths
145 days

A side-by-side duplex features a two-bedroom unit and a one-bedroom unit. Each unit has its own separate entrance and electrical meter. The two-bedroom unit recently received a makeover, including new floors, fresh paint, and new trims. The heat source and water heaters are all electric,

Isabela Cadag,Century 21 Northumberland RealtyListed by: Isabela Cadag,Century 21 Northumberland Realty
Fourplex for sale: 13774 Rte 12 Cascumpec Road, Fortune Cove

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$899,000

13774 Rte 12 Cascumpec Road, Fortune Cove (Fortune Cove), Prince Edward Island C0B 1V0

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0 baths
329 days

Investment Opportunity On Prince Edward Island. Located only minutes from both north & south shore beaches, less than five minutes to the town of Alberton, one hour from the Confederation Bridge & 1.5 hours from the Charlottetown airport. This newly renovated property is ready for you. Featuring

Fourplex for sale: 76 Central Street, Summerside

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$350,000

76 Central Street, Summerside (Summerside), Prince Edward Island C1N 3L3

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0 baths
104 days

Step into a piece of history with this charming and spacious two-storey Fourplex located at 76 Central Street. Prominently situated at the corner of Central and North Market Streets, this property is just a 3-minute walk to the waterfront, where you can enjoy stunning views, local amenities,

Mark Corney,Elite Real Estate Advisors Inc.Listed by: Mark Corney,Elite Real Estate Advisors Inc.
Duplex for sale: 1-2 71 Woodleigh Drive, Kensington

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$589,900

1-2 71 Woodleigh Drive, Kensington (Kensington), Prince Edward Island C0B 1M0

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0 baths
131 days

Looking for an incredible investment opportunity in a sought-after location? This semi-detached property in the heart of Kensington is the perfect find! Featuring two separate, fully updated 2-bedroom, 1-bathroom units, you can live in one and rent out the other for added income potential.

Fourplex for sale: 305 Euston Street, Charlottetown

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$595,000

305 Euston Street, Charlottetown (Charlottetown), Prince Edward Island C1A 1X7

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0 baths
47 days

Excellent 4 unit investment property in a great downtown location with ample parking. First floor consists of 2 spacious 1 bedroom apartments, rents are $1250/$1148. Second floor consists of a large and bright 2 bed + Den w washer and dryer hook ups. Rent $1700. Top floor 2 bed plus Den w

Stan Davis,Provincial RealtyListed by: Stan Davis,Provincial Realty
Apartment for sale: 93 Water Street, Charlottetown

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$1,355,000

93 Water Street, Charlottetown (Charlottetown), Prince Edward Island C1A 1A5

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0 baths
19 days

This is your chance to own a prime piece of real estate in one of the most desirable and historic areas of Prince Edward Island. Located on bustling Water Street, just steps from the Charlottetown waterfront, 93 Water Street is a fully tenanted mixed-use building offering a strong return and

Greg Rivard,Re/max Charlottetown RealtyListed by: Greg Rivard,Re/max Charlottetown Realty
Triplex for sale: 63 Spring Park Road E, Charlottetown

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$580,000

63 Spring Park Road E, Charlottetown (Charlottetown), Prince Edward Island C1A 3X9

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0 baths
126 days

Fantastic opportunity to own you own income property and build equity for the future.Check out this 3 unit triplex in Charlottetown. This property is centrally located in the heart of town.The property has had many updates,in 2019 the whole house was completely upgraded and renovated, including

Ming Zhang,Homelife P.e.i. Realty Inc.Listed by: Ming Zhang,Homelife P.e.i. Realty Inc.
Triplex for sale: 20 Barrymore Court, Parkdale

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$599,000

20 Barrymore Court, Parkdale (Parkdale), Prince Edward Island C1A 8C6

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0 baths
19 days

Invest or live in one of Charlottetown?s most convenient and sought-after neighborhoods with this spacious and updated triplex in Parkdale?just a 5-minute walk to UPEI. With nearly 3,800 square feet of living space, this well-maintained property features three self-contained apartments: one

James Marjerrison,Royal Lepage Prince Edward RealtyListed by: James Marjerrison,Royal Lepage Prince Edward Realty
Duplex for sale: 450 Main Street, O'Leary

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$369,000

450 Main Street, O'Leary (O'Leary), Prince Edward Island C0B 1V0

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0 baths
183 days

follow main street to civic and watch for signage. Here is a side by side duplex with each side having 3 bedrooms, large eat in kitchen, living room and bath. This duplex is in town where you can walk to shopping, school, rink, medical clinic and all the amenities. There is a covered veranda

Don Murphy,Century 21 Northumberland RealtyListed by: Don Murphy,Century 21 Northumberland Realty
Duplex for sale: 5819-21 Campbell Road, Victoria Cross

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$329,000

5819-21 Campbell Road, Victoria Cross (Victoria Cross), Prince Edward Island C0A 1R0

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0 baths
19 days

Beautiful Duplex in Victoria Cross on 2.4 Acres of land located at 5819-5821 Campbell Road. This lovely property offers the perfect blend of tranquility and convenience. With 4 bedrooms, separate dining room and 1 full bath on each side, this spacious and well-maintained property is surrounded

Cheryl Burns,Provincial RealtyListed by: Cheryl Burns,Provincial Realty
Triplex for sale: 341 Notre Dame Street, Summerside

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$399,900

341 Notre Dame Street, Summerside (Summerside), Prince Edward Island C1N 1S4

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0 baths
69 days

Property is 3rd property on right side going west before Cedar Street If you?ve been thinking about getting into real estate investing?or adding to your portfolio?this fully rented triplex is a solid choice! With one 1-bedroom unit and two 2-bedroom units, it?s already home to great tenants

Apartment for sale: 85 Edward Street, Charlottetown

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$1,499,000

85 Edward Street, Charlottetown (Charlottetown), Prince Edward Island C1A 5E3

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0 baths
77 days

85 Edward Street, Charlottetown Here?s a fantastic chance to own a newly renovated, 7-unit apartment building right in the heart of downtown Charlottetown. Perfectly located within walking distance of Holland College, the lively downtown core, and the scenic waterfront, this property offers

Nick Macdonald,Re/max Charlottetown RealtyListed by: Nick Macdonald,Re/max Charlottetown Realty
Apartment for sale: 78 MAIN Street, Cornwall

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$989,000

78 Main Street, Cornwall (Cornwall), Prince Edward Island C0A 1H8

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0 baths
16 days

on Trans Canada Highway, opposite to Dutch Inn Motel The property provides convenient access to local amenities such as shops, restaurants, and schools and is just a short drive from Charlottetown. Cornwall's parks and recreational facilities are also close by. It consists of eight- 2 bedroom,

Huan Shen,Exit Realty PeiListed by: Huan Shen,Exit Realty Pei
Fourplex for sale: 30 RTE 13, Crapaud

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$379,000

30 Rte 13, Crapaud (Crapaud), Prince Edward Island C0A 1J0

0 beds
0 baths
82 days

Looking for an income property or possibly a home that will help pay your bills. You can live in the bungalow and the tri-plex can help pay your mortgage. The main building is a triplex has a one bedroom, two bedroom and three-bedroom units, all in very good condition. There is a detached

Jerry Coady,Coldwell Banker/parker RealtyListed by: Jerry Coady,Coldwell Banker/parker Realty
Apartment for sale: 279 Fitzroy Street, Summerside

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$650,000

279 Fitzroy Street, Summerside (Summerside), Prince Edward Island C1N 4J9

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4 days

279 Fitzroy Street presents a rare opportunity to own a fully rented six-unit income property in the historic heart of Summerside. Perfectly positioned on a corner lot just steps from the waterfront, this three-storey building offers a blend of charm, practicality, and long-term investment

Anthony Delodder,Royal Lepage Prince Edward RealtyListed by: Anthony Delodder,Royal Lepage Prince Edward Realty
Duplex for sale: 67 & 69 Ocean Drive, Stanley Bridge

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$679,000

67 & 69 Ocean Drive, Stanley Bridge (Stanley Bridge), Prince Edward Island C0A 1N0

0 beds
0 baths
138 days

Introducing Meadow View Executive Suites a premier property featuring two luxurious units, each thoughtfully designed with three bedrooms and two bathrooms. These spacious suites boast an open-concept layout with soaring vaulted ceilings, creating a bright and airy atmosphere ideal for relaxation

Jacqueline Desroches,Colliers PeiListed by: Jacqueline Desroches,Colliers Pei
Apartment for sale: 150 Heron Dr.|102-61 Glen Stewart Dr., Stratford

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$4,550,000

150 Heron Dr.|102-61 Glen Stewart Dr., Stratford (Stratford), Prince Edward Island C1B 2X8

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0 baths
36 days

Total Units: 19 Income-Generating Apartments - 14 × 2-Bedroom, 1-Bath - 4 × 2-Bedroom, 2-Bath - 1 × Additional Furnished 2-Bedroom, 1-Bath (Separate Unit) Units start at 1,100+ sqft?larger than average for premium rents. Long-term tenants, low turnover, and high

Listed by: Albert Jiang,Dh Real Estate
Triplex for sale: 308 Fitzroy Street, Charlottetown

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$539,000

308 Fitzroy Street, Charlottetown (Charlottetown), Prince Edward Island C1A 3E4

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0 baths
78 days

Fitzroy to civic address 308, see real estate sign An exceptional investment opportunity in the heart of Charlottetown! This well-maintained triplex offers three fully rented units with reliable long-term tenants, making it a turnkey addition to any investor's portfolio. Recent updates ensure

Duplex for sale: 1 & 2 Lot 21 Ocean Drive, Stanley Bridge

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$719,400

1 & 2 Lot 21 Ocean Drive, Stanley Bridge (Stanley Bridge), Prince Edward Island C0A 1N0

0 beds
0 baths
138 days

Discover this exceptional duplex for sale, with each unit thoughtfully designed for comfort, privacy, and modern living. Each unit offers 3 spacious bedrooms, 2 full bathrooms, vaulted ceilings, and an open-concept layout that maximizes light and space. Additional features include a single-car

Jacqueline Desroches,Colliers PeiListed by: Jacqueline Desroches,Colliers Pei
Duplex for sale: 186 Hanover Street, Summerside

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$299,700

186 Hanover Street, Summerside (Summerside), Prince Edward Island C1N 1E6

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0 baths
42 days

Well-maintained duplex featuring two self-contained units, each with its own private driveway and entrance. Ideally located just minutes from downtown Summerside and the scenic waterfront. A walker's paradise with everything close by. Perfect opportunity for first-time investors! (id:27476)

Kay Rogers,Royal Lepage Country Estates 1985 LtdListed by: Kay Rogers,Royal Lepage Country Estates 1985 Ltd
Triplex for sale: 110 Ottawa Street, Summerside

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$359,900

110 Ottawa Street, Summerside (Summerside), Prince Edward Island C1N 1W5

0 beds
0 baths
183 days

Triplex at the corner of Ottawa and King St for sale. Triplex has 2 - 2 bedroom units and 1-1 bedroom unit. The 2 bedroom units are side by side split level and each unit has the kitchen and bathroom on the main level, living room on the mid level and 2 bedrooms on the 2nd level. The 1 bedroom

Betsy Cormier,Century 21 Northumberland RealtyListed by: Betsy Cormier,Century 21 Northumberland Realty
Triplex for sale: 236-238 King Street, Charlottetown

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$519,999

236-238 King Street, Charlottetown (Charlottetown), Prince Edward Island C1A 1C3

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0 baths
18 days

Directly Located off King Street This well-maintained 3-unit apartment building is located in a highly desirable area of King Street in Charlottetown, offering an exceptional investment opportunity. With easy access to the waterfront and all downtown amenities within walking distance, it?s

Listed by: Patrick Macguigan,Red- Isle Realty Inc.
Duplex for sale: 8 School Street, Kensington

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$399,900

8 School Street, Kensington (Kensington), Prince Edward Island C0B 1M0

0 beds
0 baths
23 days

From the main intersection in Kensington, head north on Broadway Street and take a right onto School Street. Property on the right. Income opportunity!! Welcome to 8-10 School Street in the beautiful town of Kensington. Located on a quiet street and walking distance to most all Kensington

Duplex for sale: 90 - 94 Stockman Drive, Charlottetown

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$699,000

90 - 94 Stockman Drive, Charlottetown (Charlottetown), Prince Edward Island C1E 1Z2

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0 baths
26 days

Off Malpeque rd just past Winsloe Irving onto Stockman Dr on left to (0-94 on Left Excellent Owner occupied well maintained Side by Side in Very good condition Duplex with many updates over the last 5 years, in an Great location on the outskirts of the city in a quiet S/D within 10 mins of

Norm Kirkpatrick,Confederation RealtyListed by: Norm Kirkpatrick,Confederation Realty
Duplex for sale: 6 - 8 Trafalgar Drive, Charlottetown

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$675,000

6 - 8 Trafalgar Drive, Charlottetown (Charlottetown), Prince Edward Island C1A 3Z3

3 beds
1 baths
23 days

Welcome to 6-8 Trafalgar Street! Exceptional investment opportunity or ideal multi-family living in this fully renovated two-storey duplex, located in the heart of Charlottetown. Offering a versatile layout, each side features 3 bedrooms and 1 full bathroom, perfect for extended families,

Other for sale: 342/344 Euston Street, Charlottetown

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$825,000

342/344 Euston Street, Charlottetown (Charlottetown), Prince Edward Island C1A 9C5

0 beds
0 baths
98 days

Here are great investment properties. These are two units/houses. One with a 3 bedroom rental and a single bedroom unit and the other property is a 2 bedroom home with garage and a very large family room which the tenant is using for a third bedroom. Each of these homes have electric heat

Leslie Rhodenizer,Gold Key Realty Ltd.Listed by: Leslie Rhodenizer,Gold Key Realty Ltd.
House for sale: 280 Read Drive, Summerside

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$349,900

280 Read Drive, Summerside (Summerside), Prince Edward Island C1N 5A9

6 beds
2 baths
212 days

Discover the possibilities at 280 Read Drive, Summerside, Prince Edward Island! This unique multi-use property, set on just under an acre, is a rare find that has never been listed before and offers tremendous potential. Formerly a fully functional three-bedroom home with a home-based office,

Darcy Gallant,Re/max Harbourside RealtyListed by: Darcy Gallant,Re/max Harbourside Realty
Other for sale: 3996 EAST POINT Road, South Lake

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$495,000

3996 East Point Road, South Lake (South Lake), Prince Edward Island C0A 2B0

0 beds
0 baths
273 days

Discover your private paradise on this exceptional 12-acre off-the-grid property, perfectly nestled along the pristine shores of South Lake, near East Point. This unique retreat offers a rare opportunity to embrace nature in all its splendor, with 660 feet of frontage on the tranquil waters

Lexi Mcleod,East Coast RealtyListed by: Lexi Mcleod,East Coast Realty
House for sale: 44 Judy Avenue, Charlottetown

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$680,000

44 Judy Avenue, Charlottetown (Charlottetown), Prince Edward Island C1E 1T9

5 beds
3 baths
120 days

Step inside this splendid five-bedroom residence, where multi-generational living is elevated to a whole new level of comfort and convenience. Situated in a prime location, this home is nestled in one of Charlottetown's newest neighbourhoods, a stone's throw from top-rated schools and all

Exploring Multi-Family Real Estate Opportunities in Prince Edward Island

Prince Edward Island (PEI), known for its stunning landscapes and vibrant communities, offers a unique opportunity for real estate investors and home buyers interested in multi-family properties. Whether you're looking to invest in a property in Queens County or explore the bustling city of Charlottetown, understanding the nuances of the multi-family market in PEI is crucial for making informed decisions.

Zoning Considerations

One of the first steps in purchasing a multi-family property in PEI is understanding the zoning regulations. Zoning laws dictate how land can be used and what types of buildings are permitted. In PEI, zoning can vary significantly between municipalities. For instance, Stratford and Cornwall have different zoning requirements compared to rural areas. It's essential to consult with local authorities or a real estate expert to ensure that your intended use of the property aligns with local zoning laws.

Resale Potential

Investing in multi-family properties in PEI can offer substantial resale potential. The island's real estate market has been experiencing steady growth, driven by an increase in tourism and a growing population. Properties in prime locations, such as Charlottetown condos or historic houses, tend to appreciate faster due to their desirability. When evaluating a property's resale potential, consider factors such as location, property condition, and market trends.

Lifestyle Appeal

PEI's lifestyle appeal is a significant draw for both residents and investors. The island offers a high quality of life with its beautiful landscapes, friendly communities, and rich cultural heritage. Multi-family properties in areas like cottage country provide an opportunity to enjoy the island's natural beauty while generating rental income. Additionally, the proximity to amenities, schools, and recreational activities enhances the lifestyle appeal of multi-family properties in PEI.

Seasonal Market Trends

The real estate market in PEI is influenced by seasonal trends. The summer months typically see an increase in demand due to the influx of tourists and seasonal residents. This trend can impact rental rates and property values, making it an opportune time for investors to capitalize on short-term rental opportunities. Conversely, the winter months may see a slowdown in market activity, which can be advantageous for buyers looking to negotiate better deals. Understanding these seasonal trends is crucial for timing your investment and maximizing returns.

Investment Strategies

When considering multi-family properties in PEI, it's important to develop a clear investment strategy. Whether you're interested in long-term rentals or short-term vacation rentals, each approach has its own set of considerations. For instance, investing in a condo in a popular area like Stratford can provide steady rental income, while a property in a tourist hotspot may offer higher returns during peak seasons. Collaborating with a local real estate advisor can help tailor your strategy to the unique dynamics of the PEI market.

Financing and Legal Considerations

Securing financing for a multi-family property in PEI requires careful planning. Lenders typically have different requirements for multi-family properties compared to single-family homes. It's advisable to work with a mortgage broker who understands the local market and can guide you through the financing process. Additionally, legal considerations such as property inspections, title searches, and contract negotiations are critical steps in the purchasing process. Engaging a real estate lawyer can ensure that all legal aspects are handled efficiently and effectively.