61 Ducks Landing, Stratford PEI

Property Overview

This investment property in Stratford, PEI, offers an exceptional opportunity for investors seeking to capitalize on the growing rental demand in one of PEI’s fastest-growing communities. The fully rented, three-story apartment building, constructed in 2011, contains 12 corner-unit apartments, each featuring two bedrooms. Each unit is equipped with essential appliances, including a refrigerator, stove, dishwasher, washer, and dryer. Additionally, electric wall heaters provide efficient heating throughout, ensuring tenant comfort year-round.

Building Highlights

• New Roof: Recently replaced in July 2024, the roof adds long-term value to the property while reducing future maintenance costs.
• Ample Tenant Parking: The building offers a large, paved parking lot at the rear, providing ample parking spaces for tenants and enhancing tenant convenience.
• Prime Location: Stratford is one of PEI’s most rapidly growing communities, creating significant demand for rental properties. The property’s location near schools, shopping centers, town hall, and a recreation center makes it highly attractive to tenants.

Financial Information

For comprehensive financial details, including rental income, expenses, and more, please contact listing agents Phil Muise at (902-388-9080) or Lynn Chen at (902-316-0575). An NDA must access this financial information, offering a complete picture of the property’s strong income potential.

Features & Amenities

• Units: 12 two-bedroom apartments with consistently high rental occupancy rates.
• Included Appliances: Each apartment is furnished with a refrigerator, stove, dishwasher, washer, and dryer.
• Utilities: The property is connected to municipal water and sewage services.
• Community Benefits: Located near public transit, parks, schools, shopping centers, and recreational facilities, this property offers an ideal location that ensures continued tenant demand.

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