For Sale: 1-3 Fisher Lane, Tignish, PE - REW
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$4,990,000
0 bd • ba • sf • Multifamily
1-3 Fisher Lane
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$4,990,000

1 & 3 Fisher LaneTignish, PE, C0B 2B0

  • 0 Bed
  • Bath
  • Sqft
  • Multifamily

About this home

An exceptional investment opportunity in western Prince Edward Island. Noah?s Place consists of two modern 12-unit apartment buildings located at 1 & 3 Fisher Lane in the community of Tignish. Together they sit on 1.12 of an acre and offer a total of twenty-four residential units across approximately 28,500 square feet of quality construction. Each building includes a well-balanced mix of one one-bedroom, nine two-bedroom, and two three-bedroom apartments, all featuring private outdoor balconies that add comfort and appeal for tenants. Built to high standards with ICF construction, steel roofing, energy-efficient all-electric heating ( convect air/ heat pumps), LED lighting, and an elevator in each building, this property delivers durability, efficiency, and low operating costs. The site provides 46 paved parking spaces, ensuring ample parking for tenants and visitors. Both buildings are fully leased with reliable, long-term tenants, providing consistent cash flow and a strong cap rate. Noah?s Place is a turn-key asset requiring minimal maintenance and management attention. This is the first apartment building in West Prince featuring the convenience of an elevator, Located in the heart of Tignish, a welcoming coastal community known for its strong local economy and close-knit character, this investment combines stability, performance, and long-term value. (id:63626)
Listed by: Corey Ross, CENTURY 21 NORTHUMBERLAND REALTY

Home facts and features

Price details
List Price
$4,990,000
Gross Taxes for 2025
$30,745
Home facts
Bedrooms
0
Full Bathrooms
Parking Details
Parking Space(s)
Property Type
Multifamily
Depth
Year Built
Built in 2022 (4 yrs old)
Title
Freehold
Exterior Finish
Vinyl
Heating Type
Baseboard heaters, Electric, Wall Mounted Heat Pump
Appliances
Dishwasher, Dryer, Microwave Range Hood Combo, Refrigerator, Stove, Washer
Agent details
Primary Agent
Primary Broker
CENTURY 21 NORTHUMBERLAND REALTY
Listing details
Days on REW
208 Days
Property Views
31
MLS® Number
202527991
Source
Canadian Real Estate Association
Board
Prince Edward Island Real Estate Association
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25 Years
Interest Rate
3.99%

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Property Insights

Tignish Elementary School
  • n/a
  • K - 6
M. E. Callaghan Intermediate School
  • n/a
  • 7 - 9
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Corey Ross
Phone:
(902) 315-3778
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