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Exceptional Property

246 Cumberland Street , Charlottetown

$369,900
null Bedrooms
null Bathrooms
3078 sqft

Property Highlights

Distinctive Features That Set This Property Apart

Property Type

Other

Style

Other

Year Built

1943

Square Footage

3078 square feet

Bedrooms

N/A

Bathrooms

N/A

Distinguished Features

Property Overview

A Closer Look at This Distinguished Residence

This beautiful Triplex apartment building with on-site parking in the heart of Charlottetown, near Holland College and walking distance to all of the amenities is being Sold Vacant. New owner can live there or choose their own tenants. These well kept and clean apartments include: One 2 bedroom unit, two 1 bedroom units, and one detached garage tha...

MLS Number

202508943

Listed By

COLDWELL BANKER/PARKER REALTY HUNTER RIVER

Last Updated

Jul 25, 2025, 5:45 p.m.

Data Source

CREA

All information provided is deemed reliable but is not guaranteed and should be independently verified.
Agent's Insight

Property Specifications

Comprehensive Details of This Fine Residence

Property Specifications

Property Type
Other
Architectural Style
Other
Year Built
1943
Square Footage
3078

Interior Features

Flooring
Other
Information deemed reliable but not guaranteed. Buyers should verify all property details.

Property Provenance

Historical Timeline of This Distinguished Address

Property Timeline

Historical transactions and listing information

Property image
49
New
MLS# 202508944
List Date
Apr 25, 2025, 7:39 p.m.
List Price
$369,900
Property Type
Sale
Property image
50
New
MLS# 202508942
List Date
Apr 25, 2025, 7:09 p.m.
List Price
$369,900
Property Type
Sale
Bedrooms
4
Bathrooms
3
Property image
50
New
MLS# 202508943
List Date
Apr 25, 2025, 7:39 p.m.
List Price
$369,900
Property Type
Sale

Financial Planning

Tools to Help You Plan Your Investment

Mortgage Financing Calculator

Calculate your monthly mortgage payments and visualize your investment over time.

$
300,000
$
20%
% p.a.

Monthly Payment

$0
Per Month
Mortgage Details
Loan Amount
$240,000
Total Interest
$0
Total Payments
$0
Loan-to-Value Ratio
80%
Total Number of Payments
360
Financial Insight

Your 20%+ down payment typically eliminates the need for private mortgage insurance, potentially saving you thousands over the life of your loan.

This calculator provides an estimate only. Your actual mortgage terms may vary based on credit history, lender requirements, and other factors.

Investment Cash Flow Analysis

Analyze your property's financial performance by tracking income and expenses to calculate net cash flow.

Total Income
$4,300/monthly
2 income sources
Total Expenses
$2,530/monthly
3 expense items
Net Cash Flow
$1,770/monthly
Positive investment return

Cash Flow Analysis

This property generates a positive cash flow of $1,770 per monthly. Consider reinvesting this surplus to enhance property value, build reserves for maintenance, or diversify your investment portfolio.

Income Sources

Rental Income
monthly
$3,500
Investment Returns
monthly
$800
Add New Income
$

Expense Items

Mortgage
monthly
$1,800
Property Tax
monthly
$450
Property Management
monthly
$280
Add New Expense
$
This calculator provides an estimate only. Actual investment returns may vary based on market conditions and unforeseen expenses.

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