$1,150,000
7 103 Olde Brighton Lane
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Location
See the block, not just the house.
Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.
About this home
Unique opportunity in the heart of Brighton! This well maintained condominium development offers three separate units with exceptional flexibility and income potential, all within walking distance to downtown Charlottetown and Victoria Park. The main level features two units, including a spacious two bedroom with hardwood floors, ample storage, and dedicated parking. Also on this level is a fully renovated one bedroom unit with a new kitchen, updated bathroom, quartz countertops, and a private deck. The second floor offers a large, beautifully renovated two bedroom unit full of character, complete with an updated kitchen and bathroom, and two private decks. The third floor remains unfinished, providing excellent potential for future development or additional living space. Recent updates include a new steel roof, windows, heating system, and more, making this a solid, move in ready investment. With plenty of storage, on site parking, and a highly desirable location, this property is ideal as an income generating investment or for an owner occupier looking to live in one unit while generating revenue from the others. Photos in listing are of the unit that has not been remodelled. Some images have been virtually staged to better showcase the true potential of rooms and spaces. All measurements approximate. (id:65958)
- Subtype
- Multi-family
- Structure
- Triplex
- Community
- Charlottetown
- Common interest
- Freehold
- Lot dimensions
- 0
- On market
- Apr 13, 2026
- Status changed
- Apr 15, 2026
- Zoning
- Multi-Family
- Photos
- 32
- MLS#
- 202607235
- Area
- CHARLOTTETOWN
Features and systems
Parking
Basement
Appliances
Heating
Exterior
Flooring
Foundation
Community
Cash on cash
-11.61%
Cap rate
3.57%
GRM
16.7
Break-even rent
$8,093
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Lifestyle nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Charlottetown. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 15, 2026.