29 Ole King Square

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$799,000

29 Ole King Square

Charlottetown · MLS® 202620232

0 sq ft lot · House · Multi-family · 74 days on market

listed by Mike Craig, COLDWELL BANKER/PARKER REALTY

realtor's description

Investment Opportunity! A dependable fourplex in a prime downtown location, with strong rental returns. This solid investment has 2 two-bedroom units, 2 one-bedroom units and offers consistent cash flow and strong rental demand, the perfect addition to your real estate portfolio. Located in the heart of Charlottetown, 29 Ole King Square gives tenants easy access to downtown amenities, shopping, restaurants, schools and transit, all withing walking distance. The property features on-site parking, separate entrances for each unit and a low-maintenance exterior. Opportunities like this in downtown don't come up often. Whether you're growing your investment lineup or stepping into multi-unit ownership this property delivers income, location and long term rental.

property details

type: House, Multi-family
lot: 0 sq ft
parking: 0
property tax: $7,521 / yr
days on market: 74
MLS®: 202620232

features

School Bus
Washer
Dryer - Electric
Refrigerator
Range - Electric
Microwave

monthly cost

$4,108/mo

Mortgage $3,481 · Tax $627

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

estimated payment

$3,481/ monthly

loan $639,200

25-year amortization

down payment20% · $159,80020%+ 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: $405,150
cash to close: $159,800; down payment; transfer tax and fees not included
total paid: $1,044,350

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