55 Longworth Avenue

Charlottetown · MLS® 202616575

Condo · Multi-family · 110 days on market

listed by Philip Muise, HOMELIFE P.E.I. REALTY INC.

realtor's description

Fantastic investment opportunity in the heart of Charlottetown, 55 Longworth Ave was renovated in 2018 and features 6 units, 4 one bedroom, 1 Bachelor and 1 three bedroom unit. Each unit has appliances including in unit laundry (Washer/Dryer). Located in the downtown core next to Birchwood Intermediate school this property is close to all amenities. Great opportunity to own a solid investment property.

property details

type: Condo, Multi-family
parking: 0
property tax: $8,513 / yr
days on market: 110
MLS®: 202616575

features

School Bus
Washer
Refrigerator
Stove
Dryer

monthly cost

$3,886/mo

Mortgage $3,176 · Tax $709

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

estimated payment

$3,176/ monthly

loan $583,200

25-year amortization

down payment20% · $145,80020%+ 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: $369,655
cash to close: $145,800; down payment; transfer tax and fees not included
total paid: $952,855

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