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16 Karl's Lane

Glace Bay, NS B1A 6Y7
  • $1,100,000
  • STATUS: Active
  • ON SITE: 15 Days
  • MLS #: 202606295
UPDATED: 25 min ago
$1,100,000
  • 12
    BEDS
  • 1.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighbourhood:
Type:
Multi-Family
Municipality:
Area:

School Information

Elementary School:
High School:

Description

Turnkey Duplex Portfolio in Glace Bay. Discover a rare opportunity to acquire a fully rented, meticulously maintained multi-unit property featuring six units across well-kept duplexes, all occupied by long-term senior tenants providing stable, consistent income from day one. Ideally located just minutes from Dominion Beach and Big Glace Bay Beach, this property offers strong investment fundamentals with coastal lifestyle appeal. The main unit at 16 Karls Street features an impressive 28’ x 30’ south-facing addition filled with natural light, a spacious family/gathering area with three oversized rooms, and a lower level 28’ x 30’ garage that has been newly spray-foam insulated and finished with a durable epoxy floor, ideal for storage, motorcycles, or ATVs. The property includes six paved driveways, offering the potential for per-bedroom rental to maximize cash flow, along with a bus stop directly across the street and convenient access to amenities including a short 13-minute drive to Cape Breton University. Recent upgrades include new front steps, decks, and landscaping for each unit, a shared firepit area, a fenced backyard at 16 Karls ideal for children and pets, and a concrete patio under the deck for additional outdoor living space. Each unit also benefits from its own dedicated storage space, while the main unit includes a new shed suitable for lawn equipment and tools. Located in a quiet, desirable coastal community, this property offers both lifestyle and long-term tenant appeal, making it an excellent opportunity for investors seeking a turnkey income property with upside potential or for buyers looking to offset ownership costs with reliable rental income.

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NSAR IDX Reciprocity listings are displayed in accordance with NSAR's IDX Agreements and property information is provided under copyright © by the Nova Scotia Association of REALTORS®. The above information is from sources deemed reliable but it should not be relied upon without independent verification.
Data last updated: 2026-04-19T22:35:35.387.
www.halifaxareahomesforsale.com/homes/174816212
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16 Karl's Lane Glace Bay, NS B1A 6Y7

  • Price: $1,100,000
  • Status: Active
  • On Site: 15 Days
  • Updated: 25 min ago
  • MLS #: 202606295
12
Beds
0
Baths
0
½ Baths
1.13
Acres
Neighbourhood:
Cape Breton
Municipality:
Cape Breton
Area:
Cape Breton
Elementary School:
Glace Bay Elementary School
Middle School:
Oceanview Education Centre
High School:
Glace Bay High School
Property Description
Turnkey Duplex Portfolio in Glace Bay. Discover a rare opportunity to acquire a fully rented, meticulously maintained multi-unit property featuring six units across well-kept duplexes, all occupied by long-term senior tenants providing stable, consistent income from day one. Ideally located just minutes from Dominion Beach and Big Glace Bay Beach, this property offers strong investment fundamentals with coastal lifestyle appeal. The main unit at 16 Karls Street features an impressive 28’ x 30’ south-facing addition filled with natural light, a spacious family/gathering area with three oversized rooms, and a lower level 28’ x 30’ garage that has been newly spray-foam insulated and finished with a durable epoxy floor, ideal for storage, motorcycles, or ATVs. The property includes six paved driveways, offering the potential for per-bedroom rental to maximize cash flow, along with a bus stop directly across the street and convenient access to amenities including a short 13-minute drive to Cape Breton University. Recent upgrades include new front steps, decks, and landscaping for each unit, a shared firepit area, a fenced backyard at 16 Karls ideal for children and pets, and a concrete patio under the deck for additional outdoor living space. Each unit also benefits from its own dedicated storage space, while the main unit includes a new shed suitable for lawn equipment and tools. Located in a quiet, desirable coastal community, this property offers both lifestyle and long-term tenant appeal, making it an excellent opportunity for investors seeking a turnkey income property with upside potential or for buyers looking to offset ownership costs with reliable rental income.
Exterior Features

Construction Materials Vinyl Siding Foundation Details Concrete PerimeterSlab Garage YN No Lot Features 1 to 2.99 Acres Open Parking YN Yes Other Parking Parking Details(Paved)Garage Details(A Storage Shed For Each Unit) Parking Features Driveway Roof Asphalt Waterfront YN No

Interior Features

Appliances RangeRefrigeratorStove Basement Crawl Space Below Grade Finished Area Units Square Feet Flooring LaminateLinoleum Heating Baseboard Heating YN Yes

Property Features

Additional Parcels Description 1581897415818958 Additional Parcels YN Yes Area Major 203-Glace Bay Area Minor N/A Community Features BeachGolfMarinaParkPlace of WorshipPlaygroundNear Public TransportRecreation CenterSchool Bus ServiceShoppingSki Hill Electric On Property YN Yes Inclusions 6 Fridges And 6 Stoves New Construction YN No Number Of Units Leased 6 Number Of Units Total 6 Other Equipment No Rental Equipment Other Structures Shed(s) Ownership Freehold Possession Tbd Property Sub Type Multi Family Rent Control YN No Rental Income Yes Sewer Municipal Utilities Electricity Connected Water Source Municipal Zoning UR2

Listing information © 2026 Nova Scotia Association of Realtors.
Listing provided courtesy of Viewpoint Realty Services Inc. (Sydney).


NSAR IDX Reciprocity listings are displayed in accordance with NSAR's IDX Agreements and property information is provided under copyright © by the Nova Scotia Association of REALTORS®. The above information is from sources deemed reliable but it should not be relied upon without independent verification.
Data last updated: 2026-04-19T22:35:35.387.
 
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EXP Realty of Canada
1959 Upper Water St. Tower 1, Suite 1301
Halifax NS, B3J 3N2