30166 Western Road,Wellington, PE C0B2E0
Wellington, PE C0B2E0
Description
Welcome to 30166 Western Road, a meticulously maintained mixed use property in Wellington that offers a rare combination of strong rental income, high highway visibility, and excellent mechanical reliability. Situated on a newly severed 2 acre parcel, this versatile building is a dream setup for any investor looking for a turnkey property with a fantastic cap rate. The building is fully tenanted and features three distinct, spacious residential apartments: a comfortable 3 bedroom layout spanning approximately 1,200 square feet, a 2 bedroom unit at roughly 1,000 square feet, and a massive, oversized 1 bedroom unit that tenants love. Complementing the residential side is a prime 1,360 square foot commercial section. Perfectly positioned to capitalize on heavy traffic along Western Road, this commercial space operates on its own separate electric meter, making utility management straightforward. The entire property has been exceptionally well cared for, giving peace of mind to its next owner. Key mechanical upgrades include energy efficient heat pumps and a complete HVAC system, all of which are less than 5 years old. To ensure uninterrupted operation for both residents and commercial tenants, the property is also equipped with a robust 22 kilowatt backup generator featuring automatic transfer switches. Whether you are looking to expand your portfolio or secure a reliable multi stream income property on PEI, this Wellington gem delivers on every front. (id:374)
Details
| MLS # | 202613278 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 146 |
| Listing Provided By | CENTURY 21 NORTHUMBERLAND REALTY | Andrew Brown |
Features
| SQ Feet | 5,340 |
|---|---|
| Story(s) | 2 |
| Zoning | Rec/Com |
| Acreage | 2.00 |
Interior
| Fireplace Yes / No | No |
|---|
Exterior
| Security Features | Smoke Detectors |
|---|---|
| Lot Features | Paved driveway |
| Construction Materials | Wood frame |
Utilities
| Water Source | Drilled Well |
|---|
Taxes
| Tax Annual Amount | 5275 |
|---|---|
| Tax Year | 2026 |
Area Information
| Province | PE |
|---|---|
| City | Wellington |
| Postal Code | C0B2E0 |
| Listing VS Median (in C0B2E0) | |
Price: $699,900 low | high Med: $292,000 sqft: 5,340 low | high Med: 1,552 $ / sqft: $131 low | high Med: $214 On site: 146 low | high Med: 45.5 | |
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Learn More About This Property
| Province | PE |
|---|---|
| City | Wellington |
| Postal Code | C0B2E0 |
| Listing VS Median (in C0B2E0) | |
Price: $699,900 low | high Med: $292,000 sqft: 5,340 low | high Med: 1,552 $ / sqft: $131 low | high Med: $214 On site: 146 low | high Med: 45.5 | |