For Sale: 23-25, 27, 29 Mont Carmel Road, Wellington, PE - REW
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$795,000
0 bd ba sf Multifamily
$795,000

23, 25, 27, 29 Mont Carmel RoadWellington, PE, C0B 2E0

  • 0 Bed
  • Bath
  • Sqft
  • Multifamily

About this home

An incredible opportunity awaits with this well-maintained four-unit property located on Mont Carmel Road in the heart of Wellington, Prince Edward Island. Offering the perfect combination of homeownership and investment potential, you can live comfortably in one unit while generating rental income from the other three. A smart way to offset your mortgage while building long-term wealth. Each of the four units features a functional 2-bedroom, 1-bathroom layout, complete with its own heated single-car garage and paved driveway, providing comfort, convenience, and privacy for both owners and tenants. These thoughtfully designed units offer low-maintenance living and strong rental appeal, making this an excellent addition to any investment portfolio. Ideally situated within walking distance of Wellington's many conveniences, you'll enjoy easy access to the Co-op grocery store, Credit Union, Access PEI, PEI Liquor, Esso, and the scenic Confederation Trail. Just a 5-minute drive away, Abram Village offers even more community amenities, including the recreation center/hockey arena, and a fully equipped fitness center. And only a 20-minute drive to your nearest city of Summerside. Whether you're looking to expand your investment portfolio, live in one unit while the others help pay your mortgage, or add a quality income-producing property to your holdings, opportunities like this are rare. Combining excellent cash-flow potential with an unbeatable location and desirable unit features, this fourplex is an exceptional opportunity you won't want to miss. (id:63626)
Listed by: Jory MacIsaac, ELITE REAL ESTATE ADVISORS INC.

Home facts and features

Price details
List Price
$795,000
Gross Taxes for 2026
$10,235
Home facts
Bedrooms
0
Full Bathrooms
Parking Details
Parking Space(s), Shared
Property Type
Multifamily
Lot Size
41817 ft²
Depth
Year Built
Built in 2011 (15 yrs old)
Title
Freehold
Exterior Finish
Vinyl
Heating Type
In Floor Heating, Electric, Wall Mounted Heat Pump
Features
Laundry Facility
Appliances
Dishwasher, Microwave, Range - Electric, Refrigerator, Washer/Dryer Combo
Agent details
Primary Agent
Primary Broker
ELITE REAL ESTATE ADVISORS INC.
Listing details
Days on REW
19 Days
MLS® Number
202618795
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%

The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

Property Insights

École Donat-Robichaud
  • n/a
  • K - 8
  • In Catchment
Port Elgin Regional School
  • n/a
  • K - 8
  • In Catchment
Polyvalente Louis-J.-Robichaud
  • n/a
  • 9 - 12
  • In Catchment
École Mgr-François-Bourgeois
  • n/a
  • K - 8
  • In Catchment
École Clément-Cormier
  • n/a
  • 9 - 12
  • In Catchment
École Dr-Marguerite-Michaud
  • n/a
  • K - 8
  • In Catchment
École Camille-Vautour
  • n/a
  • K - 8
  • In Catchment
Tantramar Regional High School
  • n/a
  • 9 - 12
  • In Catchment
École Champlain
  • n/a
  • K - 8
  • In Catchment
Sackville Christian Academy
  • n/a
  • K - 12
  • In Catchment
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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