For Sale: 20-28 Miah Drive, Cornwall, PE - REW
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$3,000,000
0 bd • ba • sf • Multifamily
20-28 Miah Drive
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$3,000,000

20-28 Miah DriveCornwall, PE, C0A 1H3

  • 0 Bed
  • Bath
  • Sqft
  • Multifamily

About this home

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:63626)
Listed by: Moira McIntyre, ROYAL LEPAGE PRINCE EDWARD REALTY

Home facts and features

Price details
List Price
$3,000,000
Home facts
Bedrooms
0
Full Bathrooms
Parking Details
Parking Space(s)
Property Type
Multifamily
Lot Size
1 ft²
Depth
Title
Freehold
Exterior Finish
Vinyl
Heating Type
Radiant heat, Electric, Solar, Wall Mounted Heat Pump
Features
Balcony, Cable TV
Appliances
Dishwasher, Dryer, Intercom, Microwave, Refrigerator, Stove, Washer
Agent details
Primary Agent
Primary Broker
ROYAL LEPAGE PRINCE EDWARD REALTY
Listing details
Days on REW
72 Days
MLS® Number
202605340
Source
Canadian Real Estate Association
Board
Prince Edward Island Real Estate Association
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Westwood Primary School
  • n/a
  • K - 3
Eliot River Elementary School
  • n/a
  • 4 - 6
East Wiltshire Intermediate School
  • n/a
  • 7 - 9
West Kent Elementary School
  • n/a
  • K - 6
Grace Christian School
  • n/a
  • K - 12
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Call Agent
Moira McIntyre
Phone:
(902) 218-5344
Office:
902-628-6500
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