$ 799,900
65 Minto Street Glace Bay, NS B1A5B5
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$ 799,900
Est. payment | /mo
0.54 Acres Lot
$ 799,900
Est. payment | /mo
0.54 Acres Lot
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Glace Bay
MLS® Listing ID 202426065
Originating Board Nova Scotia Association of REALTORS®
Lot Size 0.536 Acres
Acres 23361.229
Property Description
Presenting a remarkable DEVELOPMENT and INVESTMENT opportunity in the heart of Glace Bay. This (TO BE COMPLETED BY BUYER) APARTMENT COMPLEX will offer 21 mixed-sized residential units across a two-floor building, featuring STUDIOS up to THREE-BEDROOM apartments.(TOTAL 21,472 FT SQ). Ideally positioned to attract a DIVERSE TENANT BASE, this property is within CLOSE PROXIMITY to major local institutions such as Cape Breton University, Cape Breton Regional Hospital, and the Nova Scotia Community College (NSCC), making it a prime choice for affordable RENTAL HOUSING. KEY FEATURES: 21-UNIT residential building with a variety of apartment layouts (studio, 1-bedroom, 2-bedroom, 3-bedroom) and 26 PARKING SPACES. STRATEGIC LOCATION:A central Glace Bay property poised to attract tenants from nearby universities, hospitals, and businesses. DEVELOPMENT PROGRESS: Foundation is poured with roughed in plumbing and protected by the original first floor framing streamlining the path to project completion. INCLUDED in the sale: All architectural plans, blueprints, and construction drawings, some construction materials. CONSTRUCTION FINANCING available to qualified buyer. This project MAY QUALIFY for funding from the Affordable Housing Development programme.This is a rare opportunity for investors looking to enter or expand in the residential rental market, with significant potential for high occupancy rates and solid returns. Being sold "AS IS". (id:24570)
Location
Province NS
Interior
Flooring Other
Exterior
Garage No
Waterfront No
View Y/N No
Private Pool No
Others
Ownership Freehold
Listed by Cape Breton Realty
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Andy Katoch
Agent | License ID: LDKATOCAN