$299,000
71B Woodleigh Drive
Beds
2
Baths
1
Sqft
—
Year
1951
About this home
Looking for an incredible investment opportunity in a sought-after location? This beautifully updated condo in the heart of Kensington is a must-see. Offering a fully renovated 2-bedroom, 1-bathroom unit, this property combines modern style with low-maintenance living. Step inside to an open-concept layout featuring contemporary finishes throughout, including stainless steel appliances, a custom fireplace, and charming pine ceilings that create a warm and inviting atmosphere. A heat pump provides efficient heating and cooling, ensuring year-round comfort. Ideally situated just 10 minutes from Summerside and 40 minutes from Charlottetown, this location offers easy access to all essential amenities while maintaining a quiet, community feel. The affordable monthly condo fee of $175 includes grass cutting, snow removal, and water/sewer, making this an excellent option for investors, first-time buyers, or those looking to downsize. Don?t miss your chance to own a fantastic property in a prime location. (id:65958)
- Subtype
- Single Family
- MLS#
- 202607178
- Area
- KENSINGTON
Cash on cash
-5.08%
Cap rate
4.87%
GRM
13.1
Break-even rent
$2,167
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.
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 13, 2026.