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Multi-residential properties for sale in PEI

Invest in a duplex, triplex, apartment, or any other multi-unit property in PEI.

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51 results | Page 1 of 5
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For sale $374,000
21720 TCH, North Tryon, Prince Edward Island

21720 Tch

North Tryon, Prince Edward Island

For sale $539,000
308 Fitzroy Street, Charlottetown, Prince Edward Island

308 Fitzroy Street

Charlottetown, Prince Edward Island

For sale $689,000
90 - 94 Stockman Drive, Charlottetown, Prince Edward Island

90 - 94 Stockman Drive

Charlottetown, Prince Edward Island

For sale $499,500
20417 TRANS CANADA HWY|Rte 1, Crapaud, Prince Edward Island

20417 Trans Canada Hwy, Rte 1

Crapaud, Prince Edward Island

For sale $429,000
7 BAYVIEW Crescent, Souris West, Prince Edward Island

7 Bayview Crescent

Souris West, Prince Edward Island

For sale $900,000
115 North River Road|115 A North River Road, Charlottetown, Prince Edward Island

115 North River Road, 115 A North River Road

Charlottetown, Prince Edward Island

For sale $729,000
117 North River Road, Charlottetown, Prince Edward Island

117 North River Road

Charlottetown, Prince Edward Island

For sale $1,449,900
85 Edward Street, Charlottetown, Prince Edward Island

85 Edward Street

Charlottetown, Prince Edward Island

For sale $360,000
2 Wood Lane, Georgetown, Prince Edward Island

2 Wood Lane

Georgetown, Prince Edward Island

For sale $410,000
76 DOUGLAS Street, Charlottetown, Prince Edward Island

76 Douglas Street

Charlottetown, Prince Edward Island

For sale $769,000
237 & 239 Pownal Street, Charlottetown, Prince Edward Island

237 & 239 Pownal Street

Charlottetown, Prince Edward Island

For sale $390,000
8 School Street, Kensington, Prince Edward Island

8 School Street

Kensington, Prince Edward Island

Buying multi-residential properties in PEI

Multi-residential properties such as duplexes, triplexes, and apartments make great investments. 

If you’re interested in living in one unit while renting out a second to a tenant, then a duplex is ideal for you. The rent you change will help cover your mortgage, utilities and other expenses that come with running a household.

Smaller multi-unit properties of up to five units can be purchased and mortgaged under the same terms as single family units – but you’ll need a commercial mortgage over five units. 

In most cases, multi-residential homes are not eligible for mortgage insurance. You’ll need a 20% down payment. Some lenders can offer a 5% downpayment on duplexes.