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65 Minto Street, GLACE BAY
2024-11-05
Quick Summary
- Location
- 65 Minto Street, GLACE BAY, Nova Scotia B1A5B5
- Price
- $799,900
- Status:
- For Sale
- Property Type:
- Multi-family
MLS®#202426066
Property Description
Presenting a remarkable DEVELOPMENT and INVESTMENT opportunity in the heart of Glace Bay. WHEN COMPLETED this APARTMENT COMPLEX WIL 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 ScotiaCommunity College (NSCC), making it a prime choice for affordable RENTAL HOUSING. KEY FEATURES: A TO BE BUILT BY BUYER 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 BY THE BUYER. 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:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Park, Shopping, Place of Worship
Building
- Basement Type: None
- Fireplace: No
- Building Type: Apartment
- Utility Water: Municipal water
Land
- Land Size: 0.5363 ac
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Information entered by Cape Breton Realty
Listing information last updated on: 2024-11-06 22:34:02
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
One Percent Realty's top FAQs
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When you sign the standard MLS® listing contract with us, it lays out exactly the commission cost to you. If you are selling a Condo property, there are some Condo Association documents that will be required to provide in a sale.
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