20-22 Sarah Court

Mermaid · MLS® 202616580

2,200 sq ft · 1 sq ft lot · House · Single Family · built 2011 · 110 days on market

listed by Luke McIver, PROVINCIAL REALTY

realtor's description

This 15-year-old duplex sitting on nearly an acre is truly the perfect investment opportunity. Located approximately 10 minutes to downtown Charlottetown but yet feels like country living. This duplex offers 2 bedrooms and 1 bathroom in each respective unit and has currently undergone updates such as a brand-new roof, all-new appliances and heat pumps on both sides. Rents are currently 1,900 on one unit and 2,100 on the second unit. With these numbers, the property will cash flow as a straight investment or allow someone to live on one side and rent the other to offset the majority of their costs. Each unit has its own private driveway and a mini barn included. Reach out today for your private showing!

property details

type: House, Single Family
bedrooms: 4
bathrooms: 2
living area: 2,200 sq ft
lot: 1 sq ft
parking: 0
year built: 2011
property tax: $3,992 / yr
days on market: 110
MLS®: 202616580

features

Paved driveway
Level
Washer
Dryer - Electric
Refrigerator
Water purifier

monthly cost

$2,855/mo

Mortgage $2,523 · Tax $333

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$2,523/ monthly

loan $463,200

25-year amortization

down payment20% · $115,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $293,594
cash to close: $115,800; down payment; transfer tax and fees not included
total paid: $756,794

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.