1/15343 Kent Street, Charlottetown
343 Kent Street, Charlottetown, PE C1B1M8
$2.2M total
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Asset Class
Multifamily
Size
—
Building class
C
Zoning
RF6 — Medium Density
$ / SF
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Occupancy
82%
Year Built
2019
Lot Size
0.3 ac
About this property
343 Kent Street, Charlottetown ? Built in 2018, this modern, purpose-built apartment building features 10 spacious two-bedroom units with open-concept layouts, contemporary kitchens, quality flooring, in-suite laundry, and large windows that fill the interiors with natural light. Ideally located just steps from Holland College and close to downtown, residents enjoy walking access to shops, restaurants, parks, and public transit. The property offers ample on-site parking, well-maintained common areas, and low-maintenance exterior finishes. With a strong rental history and high demand in the area, it presents an exceptional turnkey investment opportunity that combines quality, convenience, and steady cash flow. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$10K
Projected NOI
$83K
Annual cash flow
$-39K
Cash-on-cash
-5.96%
DSCR
0.68
Going-in cap
3.75%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
126,817
Households
46,324
Median income
$85,000
Median age
42.4
Daytime population
112,004
5-yr growth
5.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 343 Kent Street, Charlottetown.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.