20-28 Miah Drive, Cornwall, Prince Edward Island

$3,000,000

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About 20-28 Miah Drive

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:36535)

Features of 20-28 Miah Drive

Listing # 202605340
Price $3,000,000
Bathrooms 0.00
Acres 0.00
Type Multi-family
Sub-Type Freehold

Community Information

Address 20-28 Miah Drive
Subdivision Cornwall
City Cornwall
Province Prince Edward Island
Postal Code C0A1H3

Amenities

Amenities Park, Playground, Public Transit, Recreation, Shopping, Cable TV
Features Balcony
Parking Parking Space(s)
Is Waterfront No
Has Pool No

Interior

Appliances Stove, Dishwasher, Dryer, Washer, Microwave, Refrigerator, Intercom
Heating Electric, Solar Wall Mounted Heat Pump, Radiant heat
Fireplace No
Has Basement No
Basement Type None

Exterior

Exterior Vinyl
Foundation Concrete Slab

Additional Information

Zoning Multi-Family

Listing Details

OfficeCourtesy Of ROYAL LEPAGE PRINCE EDWARD REALTY

Listing Map