14 Sunset Drive Kensington, Prince Edward Island C0B 1M0
$3,900,900
Outstanding 16-Unit Investment Opportunity ? Kensington, PEI A rare opportunity for investors and business owners to acquire a well-maintained, income-producing 16-unit property in wonderful Kensington, Prince Edward Island. Opportunities like this don?t come along often! This impressive investment consists of 16 spacious 2-bedroom units, made up of two 6-unit apartment buildings plus an adjacent 4-unit building. The property has been meticulously cared for by its original owner since day one and is only 12 years young. With a 2-year waiting list, demand for these units is exceptionally strong, providing an attractive opportunity for an investor looking for stable, long-term income. Property Highlights:16 total 2-bedroom units, Two 6-unit apartment buildings plus an adjacent 4-unit building, Only 12 years old, Extremely well maintained by the original owner, Approximately $250,000 per door or less ? an exceptional value 2-year waiting list demonstrating strong rental demand, Every unit has its own heat pump, Electric heat ? no oil, Very good soundproofing, Each unit includes a large 15' × 24' attached garage, Additional garage/storage space, Desirable location in Kensington, PEI, Strong potential for long-term income and future appreciation. This is an excellent opportunity to add a quality income-producing asset to your portfolio or build an outstanding retirement investment package. Well-maintained properties, strong tenant demand, individual heating systems and attached garages make this a very attractive investment opportunity. Opportunities of this size and quality are rare ? don?t miss your chance to take a closer look. Contact us today for additional information and financial details. (id:61399)
Property Details
| MLS® Number | 202623488 |
| Property Type | Multi-family |
| Community Name | Kensington |
| Equipment Type | None |
| Rental Equipment Type | None |
Building
| Amenities | Air Conditioning |
| Appliances | Oven, Range - Electric, Dryer - Electric, Washer |
| Basement Type | None |
| Constructed Date | 2014 |
| Cooling Type | Air Conditioned |
| Exterior Finish | Vinyl |
| Flooring Type | Engineered Hardwood, Laminate, Vinyl |
| Foundation Type | Concrete Slab |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters, Wall Mounted Heat Pump |
| Type | Apartment |
| Utility Water | Municipal Water |
Parking
| Parking Space(s) | |
| Parking Space(s) |
Land
| Acreage | Yes |
| Sewer | Municipal Sewage System |
| Size Irregular | 1.38 |
| Size Total | 1.3800|1 - 3 Acres |
| Size Total Text | 1.3800|1 - 3 Acres |
| Zoning Type | Multi-family |
https://www.realtor.ca/real-estate/30287092/14-sunset-drive-kensington-kensington
630 Water Street
Summerside, Prince Edward Island C1N 4H7
(902) 436-9251
(902) 436-2734
https://www.royallepagepei.com/
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September 16 2026 04:39:47
Prince Edward Island Real Estate Association
Royal LePage Country Estates 1985 Ltd