20-28 Miah Drive
Cornwall, Cornwall, PE, C0A1H3
Listed by ROYAL LEPAGE PRINCE EDWARD REALTY
$3,000,000
Listed 211 days ago · MLS® 202605340
About this home
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:66966)
Details
- Type
- Apartment
- Basement
- None
- Neighbourhood
- Cornwall
- Municipality
- Cornwall
Interior
- Fireplace
- No
- Appliances
- Washer, Refrigerator, Intercom, Dishwasher, Stove, Dryer, Microwave
- Flooring
- Laminate, Carpeted, Ceramic Tile
Heating, cooling and services
- Heating
- Radiant heat, Electric, Solar, Wall Mounted Heat Pump
- Water and sewer
- Municipal sewage system
Building and exterior
- Foundation
- Concrete Slab
- Outdoor
- Vinyl
Parking
- Driveway and parking
- Parking Space(s)
Location
Location is approximate. See nearby homes on the map
Listed by ROYAL LEPAGE PRINCE EDWARD REALTY.
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