For Sale: 61 Ducks Landing, Stratford, PE

About this home

An outstanding opportunity to acquire a well-maintained, fully occupied 12-unit apartment building in the thriving community of Stratford, Prince Edward Island. Situated in one of the province's fastest-growing municipalities, this turnkey investment offers immediate, stable rental income with strong long-term appreciation potential in a market where demand for quality rental housing continues to exceed supply. The building features 12 spacious two-bedroom apartments, with four desirable corner units located on each of its three levels. Every suite is equipped with a refrigerator, stove, dishwasher, washer, and dryer, providing tenants with the convenience and amenities today's renters expect. Individual electric wall heating allows tenants to manage their own utility costs while minimizing operating expenses for ownership. The property has been well maintained, highlighted by the installation of a brand-new roof in July 2024, reducing near-term capital expenditures and enhancing long-term value. Tenants benefit from both front and rear building access, as well as a large paved parking lot offering ample off-street parking. Strategically positioned in the heart of Stratford, the property is within minutes of Town Hall, the Stratford Recreation Centre, schools, shopping, grocery stores, medical clinics, restaurants, and other essential community services. Its prime location, combined with Stratford's sustained population growth and expanding local economy, continues to drive strong tenant demand and high occupancy rates. Whether you are looking to expand an existing multi-family portfolio or acquire a high-performing income property in one of PEI's most sought-after rental markets, this exceptional investment offers reliable cash flow, low vacancy risk, and significant long-term growth potential. (id:63626)

Listed by: Philip Muise, HOMELIFE P.E.I. REALTY INC.

Home facts and features

Price details

List Price

$2,195,000

Gross Taxes for 2026

$21,792

Home facts

Bedrooms

Full Bathrooms

Parking Details

Parking Space(s)

Property Type

Multifamily

Lot Size

17859 ft²

Depth

Year Built

Built in 2011 (15 yrs old)

Title

Freehold

Exterior Finish

Vinyl

Heating Type

Radiant heat, Electric

Appliances

Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer

Agent details

Primary Agent

Philip Muise

Primary Broker

HOMELIFE P.E.I. REALTY INC.

Secondary Agent

Yuanlin,(Lynn) Chen

Secondary Broker

HOMELIFE P.E.I. REALTY INC.

Listing details

Days on REW

16 Days

Property Views

MLS® Number

202616656

Source

Canadian Real Estate Association

Board

Prince Edward Island Real Estate Association

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Property Insights

Schools nearby

10 Schools are within 4km

Stratford Elementary School

n/a
4 - 6

Glen Stewart Primary School

n/a
K - 3

Montessori School Of Charlottetown

n/a
K - 6

L. M. Montgomery Elementary School

n/a
K - 6

Birchwood Intermediate School

n/a
7 - 9

Prince Street Elementary School

n/a
K - 6

St. Jean Elementary School

n/a
K - 6

Immanuel Christian School

n/a
K - 9

Parkdale Elementary School

n/a
K - 6

Colonel Gray Senior High School

n/a
10 - 12

61 Ducks LandingStratford, PE, C1B 2X8