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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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52 results | Page 4 of 5
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For sale $519,999
236-238 King Street, Charlottetown, Prince Edward Island

236-238 King Street

Charlottetown, Prince Edward Island

For sale $1,355,000
93 Water Street, Charlottetown, Prince Edward Island

93 Water Street

Charlottetown, Prince Edward Island

For sale $599,000
20 Barrymore Court, Parkdale, Prince Edward Island

20 Barrymore Court

Parkdale, Prince Edward Island

For sale $250,000
208 Kennedy Street, Montague, Prince Edward Island

208 Kennedy Street

Montague, Prince Edward Island

For sale $630,000
617-619 Queen Street, Charlottetown, Prince Edward Island

617-619 Queen Street

Charlottetown, Prince Edward Island

For sale $925,000
163 - 165 Nassau Street E, Charlottetown, Prince Edward Island

163 - 165 Nassau Street E

Charlottetown, Prince Edward Island

For sale $4,550,000
150 Heron Dr.|102-61 Glen Stewart Dr., Stratford, Prince Edward Island

150 Heron Dr., 102-61 Glen Stewart Dr.

Stratford, Prince Edward Island

For sale $299,700
186 Hanover Street, Summerside, Prince Edward Island

186 Hanover Street

Summerside, Prince Edward Island

For sale $339,900
91 A/B Beach Street, Charlottetown, Prince Edward Island

91 A/b Beach Street

Charlottetown, Prince Edward Island

For sale $749,000
29 Churchill Avenue, Brighton, Prince Edward Island

29 Churchill Avenue

Brighton, Prince Edward Island

For sale $690,000
5 Church Street, Murray Harbour, Prince Edward Island

5 Church Street

Murray Harbour, Prince Edward Island

For sale $399,000
176 Cape Bear Road, Murray River, Prince Edward Island

176 Cape Bear Road

Murray River, 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.