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65 Minto Street

Glace Bay, NS B1A 5B5
  • $699,900
  • STATUS: Active
  • ON SITE: 31 Days
  • MLS #: 202426066
Price Reduced
UPDATED: 67 min ago
$699,900
  • 0
    BEDS
  • 0.54
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighbourhood:
Type:
Multi-Family
Municipality:
Area:

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".

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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: 2024-12-07T07:35:35.51.
www.halifaxareahomesforsale.com/homes/157554549
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65 Minto Street Glace Bay, NS B1A 5B5

  • Price: $699,900
  • Status: Active
  • On Site: 31 Days
  • Updated: 67 min ago
  • MLS #: 202426066
0
Beds
0
Baths
0
½ Baths
0.54
Acres
Neighbourhood:
Cape Breton
Municipality:
Cape Breton
Area:
Cape Breton
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".
Exterior Features

Construction Materials None Foundation Details Slab Garage YN No Lot Features 0.5 to 0.99 Acres Other Parking Parking Details(26 Parking Spaces) Parking Features Parking Spaces(s)Other Road Frontage Type Public Roof None Waterfront YN No

Interior Features

Basement None Below Grade Finished Area Units Square Feet Cooling No Heating/Cooling Flooring None Heating No Heating/Cooling

Property Features

Additional Parcels Description 15574098 Additional Parcels YN Yes Area Major 203-Glace Bay Area Minor N/A Community Features ParkRecreation CenterShoppingPlace of Worship New Construction YN Yes Number Of Units Leased 0 Number Of Units Total 21 Other Equipment No Rental Equipment Other Structures None Ownership Freehold Possession ASAP Property Condition New Construction Property Sub Type Multi Family Rent Control YN No Rental Income Yes Sewer Municipal Tax Legal Description 65 Minto St.Glace Bay Water Source Municipal Zoning Res/Comm

Listing information © 2024 Nova Scotia Association of Realtors.
Listing provided courtesy of Cape Breton Realty.


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: 2024-12-07T07:35:35.51.
 
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EXP Realty of Canada
1959 Upper Water St. Tower 1, Suite 1301
Halifax NS, B3J 3N2