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For sale
  • C$920,000

    78 Main St, Cornwall, PE C0A 1H5

    16beds
    --baths
    --sqft
    Multi Family
    Built in 1976
    -- sqft lot
    $-- Zestimate®
    C$--/sqft
    C$-- HOA

    What's special

    Prime Multi-Family Investment: 78 Main Street, Cornwall, PEI. Unlock the Potential in a High-Growth Corridor This 8-unit apartment complex offers a rare blend of stable rental income and exceptional long-term development potential. Situated on a generous 0.69-acre lot, this property is perfectly positioned for an investor looking to capture value in one of Prince Edward Island's most sought-after communities. Investment Highlights: Stable Asset: An established 8-unit complex with a proven track record. Value-Add Opportunity: Several units have already been tastefully renovated, reducing immediate capital expenditure and offering competitive rental appeal. Significant Development Upside: The expansive 0.69-acre lot provides viable space to increase density and add further units, offering a clear path to growing your investment footprint. Unbeatable Accessibility: Ideally located with seamless access to the Cornwall Center and the Bypass Highway for regional travel, and just minutes away from downtown Charlottetown. This property serves as the perfect cornerstone for a growing portfolio. By combining the current cash flow of the existing units with the development potential of the land, 78 Main Street offers a dual-strategy investment: reliable returns and substantial future equity growth.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Don Poley,PEI - Sales,

    ROYAL LEPAGE PRINCE EDWARD REALTY

    Source: Prince Edward Island REA,MLS®#: 202616335MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 16
      Heating
      • Baseboard
      Appliances
      • Included: Stove, Dryer, Washer, Refrigerator
      Features
      • Flooring: Laminate, Vinyl
      • Basement: None

      Property

      Parking
      • Parking features: Gravel, Parking Spaces(s), No Garage
      • Details: Parking Details(Parking Is In The Back For All Residents.)
      Lot
      • Size: 0.7 Acres
      • Dimensions: 0.69
      • Features: 0.5 to 0.99 Acres
      Details
      • Parcel number: 463612
      • Zoning: Residential

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Vinyl Siding
      • Foundation: Block, Concrete Perimeter
      • Roof: Asphalt
      Condition
      • Year built: 1976

      Utilities & green energy

      • Sewer: Municipal
      • Water: Municipal

      Community & HOA

      Community
      • Features: Park, Place of Worship, Playground, Near Public Transport, Recreation Center, School Bus Service, Shopping
      Location
      • Region: Cornwall

      Financial & listing details

      • Tax assessed value: C$461,600
      • Annual tax amount: C$8,256
      • Date on market: 7/2/2026
      Don Poley,PEI - Sales

      Don Poley,PEI - Sales

      (902) 629-5294

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        Price history

        DateEventPrice
        7/2/2026Listed for saleC$920,000
        Source: Prince Edward Island REA #202616335 Report a problem

        Public tax history

        Tax history is unavailable.

        Climate risks

        Neighborhood: C0A

        Getting around

        22 / 100
        Car-Dependent
        34 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        No schools nearby

        We couldn't find any schools near this home.