20-28 Miah Drive, Cornwall, Prince Edward Island C0A 1H3

Listed for:
$3,000,000
0 beds
0 baths
Listed 8 days ago
Apartment for rent: 20-28 Miah Drive, Cornwall, Prince Edward Island C0A 1H3

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About

Trans Canada Highway #1 Cornwall, onto Mercedes Drive, onto Miah Drive. High-Performing 12-Unit Investment Opportunity in Cornwall! Positioned in one of Cornwall?s fastest-growing rental markets, this 12-unit, two-building property offers a compelling opportunity for investors seeking stable cash flow and long-term income growth. The asset is comprised of ten 2-bedroom units and two 1-bedroom units, a highly desirable unit mix that consistently attracts quality tenants. With a proven track record of full occupancy and reliable income, this property delivers immediate returns with minimal operational lift. Each unit is fully equipped with modern, tenant-focused features, including in-suite laundry, heat pumps, and complete appliance packages (fridge, stove, microwave, dishwasher, washer, and dryer) supporting strong rental demand and tenant retention. Significant recent upgrades include the addition of solar panels, improving overall efficiency and contributing to reduced operating expenses and stronger net income performance. This is a turn-key, professionally maintained asset ideal for investors looking to scale their portfolio with a low-vacancy, income-generating property in a high-demand location. (id:27476)

Property Highlights

MLS® Number
202605340
Type
Multi-family
Community Name
Cornwall
Ownership Type
Freehold
Land Size
1.3700|1 - 3 acres

Building

Building Type
Apartment
Amenities
Cable TV Park, Playground, Public Transit, Recreation, Shopping
Exterior Finish
Vinyl
Fireplace Present
No
Basement Type
None
Basement Features
Building Heating Type
Wall Mounted Heat Pump, Radiant heat
Heating Fuel
Electric, Solar
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
ROYAL LEPAGE PRINCE EDWARD REALTY
MLS® number:
202605340
Agent:
Moira Mcintyre
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