20-28 Miah Drive

Cornwall, Cornwall, PE, C0A1H3

Listed by ROYAL LEPAGE PRINCE EDWARD REALTY

$3,000,000

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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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