For sale

Price cut: C$20K (8/25)

C$599,000

316 Richmond St #314, Charlottetown, PE C1A 1J9

5beds

--baths

--sqft

Get pre-qualified

Triplex

Built in ----

-- sqft lot

$-- Zestimate^®

C$--/sqft

C$-- HOA

What's special

Shared coin-operated laundryAmple parking

Excellent turn key investment opportunity in the heart of downtown Charlottetown. This well-maintained 3-unit apartment building features two renovated 1-bedroom, 1-bathroom units and one spacious 3-bedroom, 1-bathroom unit. All units are equipped with energy-efficient heat pumps and electric heat, providing comfortable heating and cooling year-round. Additional features include shared coin-operated laundry, ample parking, and a new roof installed in 2025. Ideally situated within the desirable Lot 500 zoning area, this property is just steps from Holland College, the Charlottetown waterfront, shopping, restaurants, parks, and all downtown amenities. With strong rental appeal and an unbeatable location, this is a fantastic opportunity for investors looking to add a quality income property to their portfolio.

78 days
20
0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5

Heating

Ductless

Cooling

Air Conditioning

Appliances

Included: Electric Range, Dryer, Washer, Microwave, Refrigerator, Stove

Features

Flooring: Laminate, Vinyl
Basement: Unfinished

Property

Parking

Parking features: Gravel, No Garage
Details: Parking Details(Parking Spaces)

Lot

Size: 3,920 Square Feet
Dimensions: 0.09
Features: Under 0.5 Acres

Details

Parcel number: 339580000
Zoning: DN
Other equipment: Heat Pumps

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex

Materials

Vinyl Siding
Foundation: Block, Concrete Perimeter
Roof: Other

Utilities & green energy

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

Community & HOA

Location

Region: Charlottetown

Financial & listing details

Tax assessed value: C$215,100
Annual tax amount: C$4,201
Date on market: 6/11/2026
Inclusions: 3 Fridges, 3 Stoves, Coin Operated Washer Dryer
Total actual rent: 59820
Income includes: Laundry
Electric utility on property: Yes

Price history

Date	Event	Price
8/25/2026	Price change	C$599,000-3.2%
Source: Prince Edward Island REA #202614164 Report a problem
6/11/2026	Listed for sale	C$619,000
Source: Prince Edward Island REA #202614164 Report a problem

Public tax history

Tax history is unavailable.

Climate risks

Neighborhood: C1A

Getting around

90 / 100

Walker's Paradise

63 / 100

Bikeable

Nearby schools

GreatSchools rating

No schools nearby

We couldn't find any schools near this home.

Schools provided by the listing agent

Elementary: Prince Street Elementary School
Middle: Birchwood Intermediate School
High: Colonel Gray Senior High School

Source: Prince Edward Island REA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.