$ 1,690,000

11 Elena Court, Charlottetown

This well-maintained 12-unit residential apartment building presents an exceptional turn-key investment opportunity in the highly sought-after community of East Royalty. Built 19 years ago, the property features a strong unit mix consisting of 11 two-bedroom suites (approximately 930 Sq/Ft each.) and one well designed one-bedroom suite. Appealing to a wide range of long-term tenants. Each suite is thoughtfully designed with its own personal balcony, offering tenants outdoor private space, and scenic surrounding views. The building provides key operational efficiencies and resident amenities. Including two sets of coin-operated laundry facilities that generate steady secondary income stream, as well as a large, fully parking lot with ample space for tenants and visitors. Situated in a prime, high demand location, the property offers unbeatable proximity to top-rated schools, retail shopping hubs, public parks, public transit routes. With its combination of strong historical occupancy, consistent rental yields, this asset represents a compelling addition to any Real Estate portfolio. (id:1945)
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Property details for 11 Elena Court, Charlottetown

Type
Multi-family
Lot Size
0.7
Basement
None
Parking
Parking Space(s), Parking Space(s)
Heating
Baseboard heaters, Oil
Exterior
Vinyl
Ownership
Freehold
Annual Taxes
$32,108 (2026)

Nearby Listings Stat

Estimated price and comparable properties near 11 Elena Court

Active Listings
98
Min Price
$77,000
Max Price
$4,680,000
Avg Price
$471,200
Days on Market
110
days
Sold Listings
16
Min Sold Price
$85,000
Max Sold Price
$515,000
Avg Sold Price
$306,738
Days until Sold
84
days

Neighbourhood Census Data

Charlottetown, Prince Edward Island / Île-du-Prince-Édouard

Population
1,138
Median Age
39.8
Median Income
$28,352
Dwelling Value
$89,678

Housing Tenure

Owners 33%
Renters 66%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 1.9
Pop. Density: 673.4/km²
Avg Shelter Cost: $837/mo
Owners with Mortgage: 57.5%
Owners Spending 30%+: 22.5%
Tenants Spending 30%+: 32.5%
English only: 91.2%
English and French: 8.8%
Median Household Income: $44,608
Median Employment Income: $26,560

Price History

Listed
August 20, 2026
by ROYAL LEPAGE PRINCE EDWARD REALTY
Current Price
$1,690,000
-2.3% from last change
Type
Multi-family
For Sale
Price Changes
2
Date Price Change
Current $1,690,000 $40,000 (-2.3%)
Sep 23, 2026 $1,730,000 $50,000 (-2.8%)
Sep 15, 2026 $1,780,000 Listed

Contact Agent Get in touch about 11 Elena Court, Charlottetown

Eva Clow
Eva Clow
ROYAL LEPAGE PRINCE EDWARD REALTY