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1592 Warren Grove Road Cornwall, Prince Edward Island C0A 1H8

Air Conditioned Baseboard Heaters, Wall Mounted Heat Pump Acreage

$9,200,000

Introducing a brand-new 29-unit apartment building thoughtfully designed for modern living and long-term investment. Features, (11) 1 bedroom, (14) 2 bedroom, (4) 3 bedroom. This low-maintenance property features a mix of spacious units, each equipped with in-unit washer and dryer, durable and stylish vinyl flooring, heat pumps with air conditioning, and high-end granite countertops throughout. Residents will enjoy water views, paved parking, elevator access, and a dedicated common room perfect for gatherings. Built with high-efficiency spray foam insulation, this building offers exceptional energy savings and reduced operating costs. The enclosed garbage facility ensures cleanliness and convenience. With premium finishes, practical amenities, and smart construction, this turnkey investment is built for long-term value and tenant satisfaction. All measurements are approximate.Please note, with the extra land, a 30 unit which has been designed, ground work and engineering has been completed and with be given to the purchaser. As well, with a new plan/design 83 units could be built depending on parking restrictions which have been relaxed to 1 parking spot per unit, or underground parking.. Also height restrictions have been relaxed from 40 ft to 60 ft, which will make it 4 story building instead of 3 story. Developer to do their due diligence. Also, the extra land could be sold separately if desired with proper surveying, to be negotiated at 1,700.000.00 plus HST for up to 83 units. (id:11866)

Property Details

MLS® Number 202518804
Property Type Multi-family
Community Name Cornwall
Amenities Near By Golf Course, Park, Playground, Public Transit, Recreation, Shopping, Ski Area, Marina
Community Features School Bus
Equipment Type Other
Features Elevator, Balcony
Rental Equipment Type Other
Structure Shed

Building

Amenities Air Conditioning, Cable Tv, Multi-use Rooms
Appliances Stove, Dishwasher, Dryer, Washer, Microwave, Refrigerator
Basement Type None
Constructed Date 2021
Cooling Type Air Conditioned
Exterior Finish Stone, Vinyl
Flooring Type Other
Foundation Type Poured Concrete
Heating Fuel Electric
Heating Type Baseboard Heaters, Wall Mounted Heat Pump
Type Apartment
Utility Water Municipal Water

Parking

Parking Space(s)

Land

Acreage Yes
Land Amenities Golf Course, Park, Playground, Public Transit, Recreation, Shopping, Ski Area, Marina
Sewer Municipal Sewage System
Size Irregular 3.85
Size Total 3.8500|3 - 10 Acres
Size Total Text 3.8500|3 - 10 Acres
Zoning Type Multi-family

https://www.realtor.ca/real-estate/28655446/1592-warren-grove-road-cornwall-cornwall

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Coldwell Banker/parker Realty
535 North River Road
Charlottetown, Prince Edward Island C1E 1J6

(902) 566-4663
(902) 566-4663
(902) 566-3377
parkerrealty.ca/