For Sale: 14 Sunset Drive, Kensington, PE

About this home

Outstanding 16-Unit Investment Opportunity ? Kensington, PEI A rare opportunity for investors and business owners to acquire a well-maintained, income-producing 16-unit property in wonderful Kensington, Prince Edward Island. Opportunities like this don?t come along often! This impressive investment consists of 16 spacious 2-bedroom units, made up of two 6-unit apartment buildings plus an adjacent 4-unit building. The property has been meticulously cared for by its original owner since day one and is only 12 years young. With a 2-year waiting list, demand for these units is exceptionally strong, providing an attractive opportunity for an investor looking for stable, long-term income. Property Highlights:16 total 2-bedroom units, Two 6-unit apartment buildings plus an adjacent 4-unit building, Only 12 years old, Extremely well maintained by the original owner, Approximately $250,000 per door or less ? an exceptional value 2-year waiting list demonstrating strong rental demand, Every unit has its own heat pump, Electric heat ? no oil, Very good soundproofing, Each unit includes a large 15' × 24' attached garage, Additional garage/storage space, Desirable location in Kensington, PEI, Strong potential for long-term income and future appreciation. This is an excellent opportunity to add a quality income-producing asset to your portfolio or build an outstanding retirement investment package. Well-maintained properties, strong tenant demand, individual heating systems and attached garages make this a very attractive investment opportunity. Opportunities of this size and quality are rare ? don?t miss your chance to take a closer look. Contact us today for additional information and financial details. (id:63626)

Listed by: Roger Wells, ROYAL LEPAGE COUNTRY ESTATES 1985 LTD

Home facts and features

Price details

List Price

$3,900,900

Gross Taxes for 2026

$23,974

Home facts

Bedrooms

Full Bathrooms

Parking Details

Parking Space(s)

Property Type

Multifamily

Lot Size

1 ft²

Depth

Year Built

Built in 2014 (12 yrs old)

Title

Freehold

Exterior Finish

Vinyl

Heating Type

Baseboard heaters, Electric, Wall Mounted Heat Pump

Cooling

Air Conditioned

Features

Air Conditioning

Appliances

Dryer - Electric, Oven, Range - Electric, Washer

Agent details

Primary Agent

Roger Wells

Primary Broker

ROYAL LEPAGE COUNTRY ESTATES 1985 LTD

Listing details

Days on REW

14 Days

Property Views

MLS® Number

202623488

Source

Canadian Real Estate Association

Board

Prince Edward Island Real Estate Association

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Property Insights

Schools nearby

2 Schools are within 2km

Queen Elizabeth Elementary School

n/a
K - 6

Kensington Intermediate Senior High School

n/a
7 - 12

14 Sunset DriveKensington, PE, C0B 1M0