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20-28 Miah Drive

Miah DrCornwallCornwallPE, C0A 1H5

-
Baths
$3,400,000
List Price
20-28 Miah Drive, Cornwall, PE - 1 of 3
20-28 Miah Drive, Cornwall, PE - 2 of 3
20-28 Miah Drive, Cornwall, PE - 3 of 3
67 days on market

Quick Summary

  • 12 units across 2 buildings in a thriving Cornwall neighbourhood
  • Units produce positive cash flow and consistent occupancy
  • Turn-key units with modern amenities cater to tenants
  • Solar panels enhance energy efficiency
  • Qualified buyer can assume existing mortgage
  • Ideal to expand investment portfolio
  • Call today for more information

Exceptional investment opportunity in a rapidly growing and sought-after Cornwall neighbourhood! Nestled within this thriving locale are meticulously maintained 12 units, distributed across two separate buildings. Each building has five two-bedroom units and one one-bedroom unit. These units produce positive cash flow and consistent full... Show More

Exceptional investment opportunity in a rapidly growing and sought-after Cornwall neighbourhood! Nestled within this thriving locale are meticulously maintained 12 units, distributed across two separate buildings. Each building has five two-bedroom units and one one-bedroom unit. These units produce positive cash flow and consistent full occupancy, complemented by an impressive tenant history. These turn-key units are equipped with modern amenities including fridge, stove, microwave, dishwasher, washer, dryer, and heat pump ensuite, cater perfectly to prospective tenants' desires. The recent addition of solar panels enhances energy efficiency and contributes to low operating costs. Even more enticing, a qualified Buyer has the option to assume the existing mortgage at a preferred lower interest rate, with approximately 2 and half years left on the term. Ideal for astute investors looking to expand their portfolio, call today! HST to be determined by individual basis. Note: Listing agent is related to the seller. (id:54626)

Property Details

Parking

Parking Space(s)

Condo

Balcony Type
Balcony
In Suite Laundry
-
Exposure
-
Locker
-

Condo Amenities

Cable TV

Build

Year Built
-
Model Name
-
Exterior
-
Builder Name
-
Floors
-
Flooring
Carpeted, Ceramic Tile, Laminate

Heating & Cooling

Heating
Wall Mounted Heat Pump, Radiant heat
Cooling
-

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Ownership Details

Ownership

Title
Freehold
Zoning
Residential

Source

Listing Brokerage

MLS® Listing
202403163
Last Updated
February 21, 2024
Brokerage
ROYAL LEPAGE PRINCE EDWARD REALTY
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