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$3,000,000
Prince Edward Island,Cornwall
For Sale Active
20-28 Miah Drive, Cornwall, Prince Edward Island C0A1H3
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Basic Details
Description

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:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 202605340
  • Price: $3,000,000
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 49917
Features & Appliances
Features
  • Heating System: Electric, Radiant heat, Wall Mounted Heat Pump, Solar
  • Basement: None
  • Parking: Parking Space(s)
  • Exterior Features: Vinyl
  • Flooring: Laminate, Carpeted, Ceramic Tile
  • Sewer: Municipal sewage system
Address Map
  • Location: CA, Prince Edward Island, Cornwall, C0A1H3
  • Street: Miah
  • Street Number: 20-28
  • Street Suffix: Drive
  • Longitude: W64° 47' 32.3''
  • Latitude: N46° 13' 58.4''
  • Zoning: Multi-Family
Additional Information
  • Water Source:
  • Community Features:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 1.37
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Listing updated: 2026-07-08 11:07:58
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Listing Information
  • List Agent Key: 2044497
  • List Office Key: 49917
  • Modification Timestamp: 2026-06-11T12:00:04Z
  • Originating System Name: Prince Edward Island Real Estate Association
  • Status Change Timestamp: 2026-06-11T11:45:23Z
Powered by REALTOR.ca
Listing updated: 2026-07-08 11:07:58
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