$ 795,000

23, 25, 27, 29 Mont Carmel Road, Wellington

An incredible opportunity awaits with this well-maintained four-unit property located on Mont Carmel Road in the heart of Wellington, Prince Edward Island. Offering the perfect combination of homeownership and investment potential, you can live comfortably in one unit while generating rental income from the other three. A smart way to offset your mortgage while building long-term wealth. Each of the four units features a functional 2-bedroom, 1-bathroom layout, complete with its own heated single-car garage and paved driveway, providing comfort, convenience, and privacy for both owners and tenants. These thoughtfully designed units offer low-maintenance living and strong rental appeal, making this an excellent addition to any investment portfolio. Ideally situated within walking distance of Wellington's many conveniences, you'll enjoy easy access to the Co-op grocery store, Credit Union, Access PEI, PEI Liquor, Esso, and the scenic Confederation Trail. Just a 5-minute drive away, Abram Village offers even more community amenities, including the recreation center/hockey arena, and a fully equipped fitness center. And only a 20-minute drive to your nearest city of Summerside. Whether you're looking to expand your investment portfolio, live in one unit while the others help pay your mortgage, or add a quality income-producing property to your holdings, opportunities like this are rare. Combining excellent cash-flow potential with an unbeatable location and desirable unit features, this fourplex is an exceptional opportunity you won't want to miss. (id:1945)
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Property details for 23, 25, 27, 29 Mont Carmel Road, Wellington

Type
Multi-family
Lot Size
0.96
Stories
1
Basement
None
Parking
Parking Space(s), Shared
Heating
In Floor Heating, Electric, Wall Mounted Heat Pump
Exterior
Vinyl
Ownership
Freehold
Annual Taxes
$10,235 (2026)

Nearby Listings Stat

Estimated price and comparable properties near 23, 25, 27, 29 Mont Carmel Road

Active Listings
4
Min Price
$135,900
Max Price
$795,000
Avg Price
$505,175
Days on Market
98
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days

Neighbourhood Census Data

Lot 16, Prince Edward Island / Île-du-Prince-Édouard

Population
708
Median Age
44.1
Median Income
$32,448
Dwelling Value
$130,014

Housing Tenure

Owners 96%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.5
Pop. Density: 9.0/km²
Avg Shelter Cost: $926/mo
Owners with Mortgage: 55.1%
Owners Spending 30%+: 8.2%
Tenants Spending 30%+: 0%
English only: 71.1%
English and French: 28.2%
Median Household Income: $66,816
Median Employment Income: $28,224

Price History

Listed
July 27, 2026
by ELITE REAL ESTATE ADVISORS INC.
Current Price
$795,000
Type
Multi-family
For Sale
23, 25, 27, 29 Mont Carmel Road

Contact Agent Get in touch about 23, 25, 27, 29 Mont Carmel Road, Wellington

Jory MacIsaac
Jory MacIsaac
ELITE REAL ESTATE ADVISORS INC.

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