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20-28 Miah Drive, Cornwall, PE, C0A 1H3

MLS® # 202403163
Investment For Sale In Cornwall, Prince Edward Island
$3,400,000 QuickQuoteTM: Not Available
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
20-28 Miah Drive, Cornwall, PE
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20-28 Miah Drive, Cornwall, PE, C0A 1H3
$3,400,000

Property Information:

Exceptional investment opportunity in a rapidly growing and sought-after Cornwall neighbourhood! Nestled within this thriving locale are meticulously maintained 12 units, distributed across two separate buildings. Each building has five two-bedroom units and one one-bedroom unit. These units produce positive cash flow and consistent full occupancy, complemented by an impressive tenant history. These turn-key units are equipped with modern amenities including fridge, stove, microwave, dishwasher, washer, dryer, and heat pump ensuite, cater perfectly to prospective tenants' desires. The recent addition of solar panels enhances energy efficiency and contributes to low operating costs. Even more enticing, a qualified Buyer has the option to assume the existing mortgage at a preferred lower interest rate, with approximately 2 and half years left on the term. Ideal for astute investors looking to expand their portfolio, call today! HST to be determined by individual basis. Note: Listing agent is related to the seller

Property Features:

  • Built in: Y
  • Lot Size: 1.37
  • Title to Land: Freehold

Data provided by: Nova Scotia Association of REALTORS® 68 Highfield Park Drive, Suite 112, Dartmouth, Nova Scotia B3A 0E4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Location of 20-28 Miah Drive, Cornwall, PE, C0A 1H3

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Significant

33 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: Significant

33 hot days expected in 2050

37/100

Significant

ClimateCheck®

Current data

This property, 20-28 Miah Drive , experiences 7 hot days per year at around 27.6 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 33 hot days at 30.7 degrees Celsius.

Projected Avg. Temperature

Past
27.6℃
2050
30.7℃

# Hot Days Per Year

Past
7
2050
33

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

14 storms expected in 2050

71/100

ClimateCheck®

Current data

This property, 20-28 Miah Drive , experiences 11 significant 2-day storms per year, with about 360.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 460.2mm of precipitation per year.

Precipitation Per Storm

Past
360.7mm
2050
460.2mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 20-28 Miah Drive, Cornwall, PE, C0A 1H3

Life Stage

Older Families

Employment Type

Service Sector/White Collar

Average Household Income

$97,609.16

Average Number of Children

1.74

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.62 %

High school certificate or equivalent

27.01 %

Apprenticeship trade certificate/diploma

8.01 %

College/non-university certificate

32.05 %

University certificate (below bachelor)

0.15 %

University Degree

17.16 %

Commuter

Travel To Work

By Car

90.71 %

By Public Transit

2.61 %

By Walking

2.42 %

By Bicycle

0.0 %

By Other Methods

4.26 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

14.44 %

Houses

85.56 %

Own Vs. Rent