96 Upper Prince Street

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$1,590,000

96 Upper Prince Street

Charlottetown · MLS® 202626468

Condo · Multi-family · 2 days on market

listed by Eva Clow, ROYAL LEPAGE PRINCE EDWARD REALTY

realtor's description

Location! Location! Location! Positioned in the absolute heart of Charlottetown on a generous 0.37-acre lot, this premier 10-unit residential complex represents an exceptional, high-yield investment opportunity. Tailored for strong rental demand and maximum cash flow, the building boasts a highly desirable mix of large floor plans: four 2-bedroom, six 3-bedroom units. Recent key capital improvements include upgraded electrical systems, minimizing immediate CapEx requirements for the incoming owner. Located just steps from schools, major shopping, and public transit, the property offers unrivaled tenant convenience and consistently high occupancy appeal. Whether held as a turnkey, income-generating cornerstone asset or positioned for future value-add upgrades and strategic redevelopment, this property delivers unbeatable long-term growth in Charlottetown's booming core market.

property details

type: Condo, Multi-family
parking: 0
property tax: $15,958 / yr
days on market: 2
MLS®: 202626468

features

School Bus
Washer
Dryer - Electric
Refrigerator
Oven - Electric
Dishwasher

monthly cost

$8,257/mo

Mortgage $6,927 · Tax $1,330

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

estimated payment

$6,927/ monthly

loan $1,272,000

25-year amortization

down payment20% · $318,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $806,243
cash to close: $318,000; down payment; transfer tax and fees not included
total paid: $2,078,243

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