65 Minto Street (MLS® 202426066)

Glace Bay, NS, B1A 5B5

Summary

MLS ®:
 202426066
Price:
 $699,900
Status:
 Active
District:
 203
Zoning:
 Res/Comm
Property Type:
 Over 12 Units
Title To Land:
 Freehold

Income

Income Details:
Call 902-499-7886

Expenses

Expense Details:
Call 902-499-7886

Property Overview

65 Minto Street, Glace Bay (MLS® 202426066): 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".

Listing Courtesy of: Cape Breton Realty

Directions

65 Minto St, Glace Bay

Building Specs.

Building Age:
0
Building Dimensions:
122 x 88
Foundation Type:
Slab
Roof Material:
None
Exterior Finish:
None
Flooring Type:
None
Heating & Cooling:
None
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Parking:
26 Parking Spaces
Driveway/Parking:
Parking Spaces(s), Other

Community Features

Park, Place of Worship, Recreation Center, Shopping

Rental Equipment

None

Map

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