85 Edward Street

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$1,399,900

85 Edward Street

Charlottetown · MLS® 202622530

Condo · Multi-family · 47 days on market

listed by Nick MacDonald, RE/MAX CHARLOTTETOWN REALTY

realtor's description

85 Edward Street, Charlottetown Here?s a fantastic chance to own a newly renovated, 7-unit apartment building right in the heart of downtown Charlottetown. Perfectly located within walking distance of Holland College, the lively downtown core, and the scenic waterfront, this property offers both convenience and charm. Fully occupied with great tenants, this building is a steady source of income. It features 4 stylish one-bedroom units and 3 spacious two-bedroom units, all designed with modern living in mind. With its central location and strong rental history, 85 Edward Street is a smart, low-maintenance investment opportunity in a sought-after area.

property details

type: Condo, Multi-family
parking: 0
property tax: $6,008 / yr
days on market: 47
MLS®: 202622530

features

Refrigerator
Water meter
Dishwasher
Oven
Microwave
Washer/Dryer Combo

monthly cost

$6,600/mo

Mortgage $6,099 · Tax $501

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

estimated payment

$6,099/ monthly

loan $1,119,920

25-year amortization

down payment20% · $279,98020%+ 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: $709,849
cash to close: $279,980; down payment; transfer tax and fees not included
total paid: $1,829,769

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