We use cookies and other technologies for functionality, security, and to provide you with a personalized experience on our online services. By continuing to use our online services, you agree to our Privacy Policy and Terms of Use. For information on how to adjust your privacy settings, visit our Cookie Policy.
Dismiss
Home PE Prince County Tignish
1 & 3 Fisher Lane
Directions Print
1 & 3 Fisher Lane $4,990,000
$4,990,000
Hide
Favourite

1 & 3 Fisher Lane
Tignish, Prince Edward Island C0B2B0

MLS® Number: 202527991

Listing Description

An exceptional investment opportunity in western Prince Edward Island. Noah?s Place consists of two modern 12-unit apartment buildings located at 1 & 3 Fisher Lane in the community of Tignish. Together they sit on 1.12 of an acre and offer a total of twenty-four residential units across approximately 28,500 square feet of quality construction. Each building includes a well-balanced mix of one one-bedroom, nine two-bedroom, and two three-bedroom apartments, all featuring private outdoor balconies that add comfort and appeal for tenants. Built to high standards with ICF construction, steel roofing, energy-efficient all-electric heating ( convect air/ heat pumps), LED lighting, and an elevator in each building, this property delivers durability, efficiency, and low operating costs. The site provides 46 paved parking spaces, ensuring ample parking for tenants and visitors. Both buildings are fully leased with reliable, long-term tenants, providing consistent cash flow and a strong cap rate. Noah?s Place is a turn-key asset requiring minimal maintenance and management attention. This is the first apartment building in West Prince featuring the convenience of an elevator, Located in the heart of Tignish, a welcoming coastal community known for its strong local economy and close-knit character, this investment combines stability, performance, and long-term value. (231632703)

Location Description

From Route Highway 2 heading into Tignish, property will be located on the left.

Property Summary

Property Type
Multi-family
Building Type
Apartment
Storeys
3
Community Name
Tignish
Title
Freehold
Land Size
1 - 3 acres
Built in
2022
Annual Property Taxes
$30,745
Parking Type
Parking Space(s), Parking Space(s)
Time on REALTOR.ca
33 days

Building

Interior Features
Appliances Included
Stove, Dishwasher, Dryer, Washer, Microwave Range Hood Combo, Refrigerator
Flooring
Tile, Vinyl
Basement Type
None
Building Features
Foundation Type
Unknown
Rental Equipment
None
Heating & Cooling
Heating Type
Baseboard heaters, Wall Mounted Heat Pump, (Electric)
Utilities
Utility Sewer
Municipal sewage system
Water
Drilled Well
Exterior Features
Exterior Finish
Vinyl
Neighbourhood Features
Community Features
School Bus
Amenities Nearby
Park, Recreation
Parking
Parking Type
Parking Space(s)

Land

Other Property Information
Zoning Type
Multi-Family
Are you interested in touring this listing?
Request a showing

902-315-3778
902-315-3778

Similar Listings

Corey Ross