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$4,990,000
Prince Edward Island,Tignish
For Sale Active
1 & 3 Fisher Lane, Tignish, Prince Edward Island C0B2B0
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Basic Details
Description

An exceptional investment opportunity in western Prince Edward Island. Noah?s Place consists of two modern 12-unit apartment buildings located at 1 & 3 Fisher Lane in the community of Tignish. Together they sit on 1.12 of an acre and offer a total of twenty-four residential units across approximately 28, 500 square feet of quality construction. Each building includes a well-balanced

mix of one one-bedroom, nine two-bedroom, and two three-bedroom apartments, all featuring private outdoor balconies that add comfort and appeal for tenants. Built to high standards with ICF construction, steel roofing, energy-efficient all-electric heating ( convect air/ heat pumps), LED lighting, and an elevator in each building, this property delivers durability, efficiency, and low operating costs. The site provides 46 paved parking spaces, ensuring ample parking for tenants and visitors. Both buildings are fully leased with reliable, long-term tenants, providing consistent cash flow and a strong cap rate. Noah?s Place is a turn-key asset requiring minimal maintenance and management attention. This is the first apartment building in West Prince featuring the convenience of an elevator, Located in the heart of Tignish, a welcoming coastal community known for its strong local economy and close-knit character, this investment combines stability, performance, and long-term value. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 202527991
  • Price: $4,990,000
  • Year Built: 2022
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 49922
Features & Appliances
Features
  • Heating System: Baseboard heaters, Electric, Wall Mounted Heat Pump
  • Basement: None
  • Parking: Parking Space(s)
  • Exterior Features: Vinyl
  • Flooring: Tile, Vinyl
  • Sewer: Municipal sewage system
Address Map
  • Location: CA, Prince Edward Island, Tignish, C0B2B0
  • Street: Fisher
  • Street Number: 1 & 3
  • Street Suffix: Lane
  • Longitude: W65° 57' 21.8''
  • Latitude: N46° 56' 53.3''
  • Zoning: Multi-Family
Additional Information
  • Water Source:
  • Community Features:
  • Foundation Details:
  • Stories: 3.0
Financial
  • Tax Annual Amount: 30745
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Listing updated: 2026-07-04 13:19:50
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Listing Information
  • List Agent Key: 1974708
  • List Office Key: 49922
  • Modification Timestamp: 2026-06-11T12:00:01Z
  • Originating System Name: Prince Edward Island Real Estate Association
  • Status Change Timestamp: 2026-06-11T11:45:21Z
Powered by REALTOR.ca
Listing updated: 2026-07-04 13:19:50
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