An exceptional investment opportunity in western Prince Edward Island. Noah’s Place consists of two modern 12-unit apartment buildings located at 1 & 3 Fisher Lane in the community of Tignish. Together they sit on 1.12 of an acre and offer a total of twenty-four residential units across approximately 28,500 square feet of quality construction. Each building includes a well-balanced mix of one one-bedroom, nine two-bedroom, and two three-bedroom apartments, all featuring private outdoor balconies that add comfort and appeal for tenants. Built to high standards with ICF construction, steel roofing, energy-efficient all-electric heating ( convect air/ heat pumps), LED lighting, and an elevator in each building, this property delivers durability, efficiency, and low operating costs. The site provides 46 paved parking spaces, ensuring ample parking for tenants and visitors. Both buildings are fully leased with reliable, long-term tenants, providing consistent cash flow and a strong cap rate. Noah’s Place is a turn-key asset requiring minimal maintenance and management attention. This is the first apartment building in West Prince featuring the convenience of an elevator, Located in the heart of Tignish, a welcoming coastal community known for its strong local economy and close-knit character, this investment combines stability, performance, and long-term value.
Parking features: Multiple Driveways, Parking Spaces(s), Paved, No Garage
Has uncovered spaces: Yes
Details: Parking Details(48 Paved Parking Spaces)
Features
Stories: 3
Patio & porch: Deck
Lot
Features: 1 to 2.99 Acres
Details
Additional parcels included: 535104
Parcel number: 535138
Zoning: R3
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Vinyl Siding
Foundation: Insulated Concrete
Roof: Metal
Condition
Year built: 2022
Utilities & green energy
Sewer: Municipal
Water: Drilled Well
Utilities for property: Electricity Connected
Community & HOA
Community
Features: Park, Recreation Center, School Bus Service
Location
Region: Tignish
Financial & listing details
Tax assessed value: C$1,544,800
Annual tax amount: C$30,745
Date on market: 11/14/2025
Inclusions: All Appliances
Total actual rent: 439452
Electric utility on property: Yes
Corey Ross,PEI - Sales
Corey Ross,PEI - Sales
(902) 315-3778
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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.