7532 St. Margaret's Bay Road (MLS® 202217207)

Boutiliers Point, NS, B3Z 1S6

Summary

MLS ®:
 202217207
Price:
 $3,388,800
Status:
 Pending
District:
 40
Zoning:
 MRR-1
Property Type:
 5-8 Units
Title To Land:
 Freehold
Waterfront:
 Bay

Income

Approx. Total Income:
 $ 306,241
Approx. Net Income:
 $ 141,384
Laundry Income:
 N/A
Other Income:
 N/A
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 $ 164,857
Maintenance Expense:
 $ 3,000
Management Expense:
 $ 61,200
Snow & Garbage Expense:
 $ 5,400
Water & Sewage Expense:
 $ 5,600
Insurance Expense:
 $ 8,000
Tax Costs:
 $ 15,817
Electricity Bill:
 $ 9,000
Heating Bill:
 $ 7,800
Other Costs:
 $ 49,040
Expense Details:
Call 902-499-7886

Property Overview

7532 St. Margaret's Bay Road, Boutiliers Point (MLS® 202217207): Welcome to Larinda's Landing! A business turnkey cottage operation located at 7532 St Margaret’s Bay Road in Boutiliers Point, Nova Scotia. Larinda’s Landing Oceanfront Cottages are nestled on the shores of the Atlantic Ocean, on one of the most desirable tourist routes in the Maritime provinces and only thirty minutes from Halifax. Consisting of eight very beautiful, well-appointed cottages, complete with everything required for a fabulous vacation and has been in operation from May 15 to October 31 (yearly) by the same Owner’s for the past fourteen years. This property also consists of four separate PID numbers which includes a pre-confederation water lot and has its own private beach, dock, break water and wharf. In addition, it has a licensed restaurant, an office building, a guest laundry building, a housekeeping unit (with separate laundry) and a large green space for family fun. Known as one of the nicest cottage properties in this area as reflected by the seasonal cottage revenue, and yet there are still so many other revenue streams and opportunities to explore! If you are looking for a fun, profitable summer business, that is turnkey ready and has potential for retreats, weddings, tours and more this may be your dream come true!

Listing Courtesy of: Coldwell Banker Supercity Realty

Directions

St. Margaret's Bay to Boutilier's Point. Civic #7532 is on the left.

Building Specs.

Foundation Type:
Concrete, Piers, Slab
Roof Material:
Asphalt Shingle
Exterior Finish:
Vinyl, Wood Siding
Flooring Type:
Laminate, Softwood, Tile, Other
Heating & Cooling:
Baseboard, Fireplace, Stove
Water:
Well
Sewage:
Septic
Title:
Freehold

Garage & Parking

Garage:
No
Parking:
Multi
Driveway/Parking:
Parking Spaces(s), Paved

Features

Balcony, Ensuite Bath, Fireplace(s), Laundry, Wheelchair Access

Community Features

Marina, Beach

Schools

Elem. School: St Margaret's Bay Elementary School
Mid. School: Five Bridges Junior High School
High School: Bay View High School

Inclusions

All contents of the cabin and office space. All appliances, liquor license.

Exclusions

personal belongings

Rental Equipment

None

Map

Contact Agent