MEMBER OF CENTURY21® - LARGEST REAL ESTATE BRAND IN THE WORLD
CENTURY21
Northumberland Realty (1987) Ltd.
902.888.7237
nicolle@century21pei.com
Menu
Photos are virtually staged. Beautiful 4-unit townhouse building in the heart of Cornwall is to be completed by Homeway Builders PEI prior to July 1st 2023 and can be sold fully tenanted, generating $10,000 a month in rental revenue and cash flowing. There are four 3-bedroom condo units with 2.5 baths, single car garages, and individual decks built on metal screwed in Goliath piles for longevity. The decks include a 6 foot privacy wall and 3.5ft privacy railings between units for privacy. Located at the end of a cul-de-sac street with direct access to the new Cornwall walking trails in a high-density rental area allows you to be certain for a high traffic rental market with vacancy rates being at an all time low. These units will be heated and cooled by two ductless heat pumps being able to provide air conditioning in the hot summer months along with secondary electric baseboard heating system. These home are energy efficient homes, built in conjunction with Efficiency PEI and deemed over 21% more energy efficient then your standard build. Please note the vendor is also the listing agent. Property includes 8 year Lux Home Warranty. (id:53753)
| MLS® Number | 202308821 |
| Property Type | Multi-family |
| Community Name | Cornwall |
| Amenities Near By | Golf Course, Park, Playground, Recreation, Shopping |
| Community Features | School Bus |
| Equipment Type | None |
| Rental Equipment Type | None |
| Amenities | Air Conditioning, Laundry Facility |
| Appliances | Range - Electric, Dishwasher, Washer/dryer Combo, Refrigerator |
| Basement Type | None |
| Cooling Type | Air Conditioned |
| Exterior Finish | Vinyl |
| Flooring Type | Laminate, Tile |
| Foundation Type | Concrete Slab |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters, Wall Mounted Heat Pump |
| Stories Total | 2 |
| Type | Fourplex |
| Utility Water | Municipal Water |
| Parking Space(s) |
| Acreage | No |
| Land Amenities | Golf Course, Park, Playground, Recreation, Shopping |
| Sewer | Municipal Sewage System |
| Size Total Text | Under 1/2 Acre |
| Zoning Type | Multi-family |
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
