Under contract

C$1,600,000

21 Water St, Charlottetown, PE C1A 1A2

16beds

--baths

--sqft

Get pre-qualified

Multi Family

Built in ----

-- sqft lot

$-- Zestimate^®

C$--/sqft

C$-- HOA

What's special

Ample on-site parking

Prime investment opportunity in the heart of Charlottetown! This well-located 14-unit apartment building offers an exceptional opportunity for investors seeking a strong, income-producing property in one of the city's most desirable rental markets. Ideally situated just minutes from downtown restaurants, shopping, the picturesque Charlottetown Harbour, and a full range of amenities, this property also benefits from excellent accessibility with frontage on two of Charlottetown's main streets. Its central location continues to attract tenants and provides long-term investment appeal. Featuring excellent cash flow, ample on-site parking, and a proven rental history, this property is a fantastic addition to any real estate portfolio. Whether you're an experienced investor or looking to expand your holdings, this turnkey multi-unit building offers outstanding income potential in a high-demand location.

16 days

50

2

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 16

Heating

Baseboard, Furnace

Appliances

Included: Range, Refrigerator, Stove

Features

Flooring: Hardwood, Laminate
Basement: Full

Video & virtual tour

View virtual tour

Property

Parking

Parking features: Parking Spaces(s), Paved, No Garage
Details: Parking Details(On-Site Parking)

Features

Stories: 3

Lot

Size: 8,712 Square Feet
Dimensions: 0.20 acre
Features: Under 0.5 Acres

Details

Parcel number: 335539
Zoning: DN

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl Siding
Foundation: Concrete Perimeter
Roof: Metal,Rolled/Hot Mop

Utilities & green energy

Sewer: Municipal
Water: Municipal
Utilities for property: Electricity Connected

Community & HOA

Community

Features: Park, Playground, Near Public Transport, Recreation Center, School Bus Service, Shopping, Marina

Location

Region: Charlottetown

Financial & listing details

Tax assessed value: C$702,200
Annual tax amount: C$16,484
Date on market: 7/3/2026
Inclusions: 14 Fridges, 14 Ranges
Electric utility on property: Yes

Joe Lisi,PEI - Sales

(902) 393-4735

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Price history

Date	Event	Price
7/13/2026	Contingent	C$1,600,000
Source: Prince Edward Island REA #202616469 Report a problem
7/3/2026	Listed for sale	C$1,600,000
Source: Prince Edward Island REA #202616469 Report a problem