20-28 Miah Drive, Cornwall, Prince Edward Island

$3,000,000

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1.37

Acres

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:6289)

Features of 20-28 Miah Drive

Listing # 202605340
Price $3,000,000
Acres 1.37
Type Multi-family
Sub-Type Apartment

Community Information

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

Amenities

Amenities Cable TV
Features Balcony
Parking Parking Space(s)
Garages Parking Space(s)
Is Waterfront No
Has Pool No

Interior

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

Exterior

Exterior Vinyl
Lot Description 1.37
Foundation Concrete Slab

Additional Information

Zoning Multi-Family

Listing Details

Listing Map

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