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Home PE Tignish
1 & 3 Fishers Lane
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1 & 3 Fishers Lane $5,999,000
$5,999,000
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1 & 3 Fishers Lane
Tignish, Prince Edward Island C0B2B0

MLS® Number: 202507221

Listing Description

Exceptional investment opportunity in the heart of Tignish! Welcome to Noahs Place ? two beautifully designed 12-unit apartment buildings located at 10 and 12 Phillip Street. Each building offers 14,256 sq. ft. of high quality construction and features a smart unit mix: one 1 bedroom, nine 2 bedrooms, and two 3 bedroom units. Every apartment comes with its own private balcony, offering residents comfortable outdoor space and adding to the propertys appeal. These modern buildings are fully leased with long term tenants, delivering consistent positive cash flow and low vacancy risk. Built to the highest standards, Noahs Place showcases ICF construction, steel roofs, LED lighting, all-electric heating, and an elevator in each building. Designed for maximum energy efficiency, accessibility, and security, this property is truly turn key. The site features 72 paved parking spaces (36 per building), providing ample convenience for tenants and guests. Named in honour of a local fishermans son, Noahs Place captures the spirit of Tignish while delivering the style and modern living tenants seek today. Tignish is a vibrant and growing community on PEIs western shore, known for its rich fishing heritage, strong local economy, and expanding infrastructure. Demand for quality rental housing remains strong, making this an outstanding opportunity to invest in a stable, income-generating asset in a high potential area. Dont miss your chance to own a signature property in one of PEIs most charming and authentic communities! (230646359)

Location Description

From Veteran's Memorial Hwy 2 Destination will be on the left

Property Summary

Property Type
Multi-family
Building Type
Apartment
Storeys
3
Community Name
Tignish
Title
Freehold
Land Size
1.1200|1 - 3 acres
Parking Type
Parking Space(s), Parking Space(s), Shared
Time on REALTOR.ca
13 days

Building

Interior Features
Appliances Included
Range - Electric, Stove, Dishwasher, Washer/Dryer Combo, Microwave Range Hood Combo
Flooring
Ceramic Tile
Basement Type
None
Building Features
Foundation Type
Concrete Slab
Rental Equipment
None
Heating & Cooling
Heating Type
Wall Mounted Heat Pump, Radiant heat
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Vinyl
Parking
Parking Type
Parking Space(s), Shared

Land

Other Property Information
Zoning Type
Multi-Family
Data provided by: Prince Edward Island Real Estate Association Unit L100 - 3 Lower Malpeque Road, Charlottetown, Prince Edward Island C1E 1R4

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