14 Sunset Drive, Kensington
Outstanding 16-Unit Investment Opportunity ? Kensington, PEI A rare opportunity for investors and business owners to acquire a well-maintained, income-producing 16-unit property in wonderful Kensington, Prince Edward Island. Opportunities like this don?t come along often! This impressive investment consists of 16 spacious 2-bedroom units, made up of two 6-unit apartment buildings plus an adjacent 4-unit building. The property has been meticulously cared for by its original owner since day one and is only 12 years young. With a 2-year waiting list, demand for these units is exceptionally strong, providing an attractive opportunity for an investor looking for stable, long-term income. Property Highlights:16 total 2-bedroom units, Two 6-unit apartment buildings plus an adjacent 4-unit building, Only 12 years old, Extremely well maintained by the original owner, Approximately $250,000 per door or less ? an exceptional value 2-year waiting list demonstrating strong rental demand, Every unit has its own heat pump, Electric heat ? no oil, Very good soundproofing, Each unit includes a large 15' × 24' attached garage, Additional garage/storage space, Desirable location in Kensington, PEI, Strong potential for long-term income and future appreciation. This is an excellent opportunity to add a quality income-producing asset to your portfolio or build an outstanding retirement investment package. Well-maintained properties, strong tenant demand, individual heating systems and attached garages make this a very attractive investment opportunity. Opportunities of this size and quality are rare ? don?t miss your chance to take a closer look. Contact us today for additional information and financial details. (id:1945)
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Property details for 14 Sunset Drive, Kensington
- Type
- Multi-family
- Lot Size
- 1.38
- Basement
- None
- Parking
- Parking Space(s), Parking Space(s)
- Heating
- Baseboard heaters, Electric, Wall Mounted Heat Pump
- Cooling
- Air Conditioned
- Exterior
- Vinyl
- Ownership
- Freehold
- Annual Taxes
- $23,974 (2026)
Nearby Listings Stat
Estimated price and comparable properties near 14 Sunset Drive
Active Listings
16
Min Price
$69,900
Max Price
$3,900,900
Avg Price
$555,644
Days on Market
117
days
Sold Listings
5
Min Sold Price
$329,900
Max Sold Price
$599,950
Avg Sold Price
$454,870
Days until Sold
101
days
Neighbourhood Census Data
Kensington, Prince Edward Island / Île-du-Prince-Édouard
Population
527
Median Age
42
Median Income
$30,528
Dwelling Value
$125,046
Housing Tenure
Owners 80%
Renters 18%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.5
Pop. Density: 958.2/km²
Avg Shelter Cost: $804/mo
Owners with Mortgage: 65.7%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 37.5%
English only: 89.5%
English and French: 10.5%
Median Household Income: $63,616
Median Employment Income: $27,328
Price History
Listed
September 16, 2026
by ROYAL LEPAGE COUNTRY ESTATES 1985 LTD
Current Price
$3,900,900
Type
Multi-family
For Sale