Welcome to 116 Walthen Drive, a fantastic investment opportunity in the heart of Charlottetown. This well-maintained 6-unit apartment building offers a solid income stream with a desirable unit mix of five 2-bedroom units and one 1-bedroom unit, appealing to a wide range of tenants. The property features a paved parking lot providing ample off-street parking for residents, as well as convenient coin-operated laundry, adding additional income potential. Each unit offers functional layouts with strong rental appeal in a consistently sought-after location. Situated close to amenities, schools, shopping, and transit, this property is ideally positioned for both tenant convenience and long-term value appreciation. Whether you’re looking to expand your portfolio or step into multi-unit investing, 116 Walthen Drive presents a turnkey opportunity in one of Charlottetown’s most desirable rental areas.
For sale
C$749,000
116 Walthen Dr, Charlottetown, PE C1A 4V5
11beds
--baths
--sqft
Multi Family
Built in 1975
-- sqft lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
- 110 days |
- 17 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Kris Fournier,PEI - Sales,
RE/MAX CHARLOTTETOWN REALTY,
Catherine Fournier,PEI - Sales,
RE/MAX CHARLOTTETOWN REALTY
Source: Prince Edward Island REA,MLS®#: 202609132
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
Heating
- Baseboard, Furnace
Appliances
- Included: Stove, Refrigerator, Washer, Dryer
- Laundry: Common Area
Features
- Flooring: Carpet, Ceramic Tile, Laminate
- Basement: Finished
Property
Parking
- Parking features: Multiple Driveways, Parking Spaces(s), Paved, No Garage
- Has uncovered spaces: Yes
- Details: Parking Details(Parking Lot)
Lot
- Size: 0.35 Acres
- Dimensions: 0.35
- Features: Under 0.5 Acres
Details
- Parcel number: 369496
- Zoning: R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- Year built: 1975
Utilities & green energy
- Sewer: Municipal
- Water: Municipal
Community & HOA
Community
- Features: Golf, Park, Playground, Near Public Transport, Recreation Center, School Bus Service, Shopping, Place of Worship
Location
- Region: Charlottetown
Financial & listing details
- Tax assessed value: C$467,900
- Annual tax amount: C$10,120
- Date on market: 4/30/2026
- Inclusions: 6 Fridges, 6 Stoves, 1 Coin Operated Washer, 1 Coin Operated Dryer
- Total actual rent: 76128
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2026 | Listed for sale | C$749,000 |
Source:  Prince Edward Island REA #202609132 Report a problem | ||
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: C1A
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.
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