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Investment signal

$429,000

33 Violet Circle

Beds

3

Baths

2

Sqft

Year

About this home

Welcome to this brand new home in Woodland Creek Estates, Charlottetown! This beautifully crafted slab-on-grade duplex home(under construction)offers 3 bedrooms, 2 bathrooms on each side, and quality finishes throughout. Open-concept quartz top kitchen with Island, large dining and living area. Primary bedroom features spacious fully accessible ensuite bathroom with large walk-in closet. Two additional bedrooms perfect for family, guests, or office space. Large garage suitable for two vehicles. Set in a serene community with 5 acres of parkland, this home combines tranquility with convenience. Located near the Charlottetown Bypass, it's just minutes from downtown, the airport, Queen Elizabeth Hospital, and shopping. HST Rebates back the builder up on closing and expected to be completed the house work by June-2026. All measurements are approx. (id:65958)

Subtype
Single Family
Lot size
0.3 acres
MLS#
202607049
Area
CHARLOTTETOWN
Negative cash flow ~$638/mo at these assumptions

Cash on cash

-8.93%

Cap rate

4.10%

GRM

14.9

Break-even rent

$3,072

Financing

Down payment$85,800
Loan amount$343,200
Mortgage$2,105/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$197
Insurance$80
Maintenance$358
CapEx reserve$179
Vacancy loss$120

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.

Mortgage estimate

Estimated $2,105/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

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.

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