$2,890,000
15482 Cabot Trail
Beds
—
Baths
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Sqft
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Year
1995
Location
See the block, not just the house.
Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.
About this home
Turnkey 10-unit investment opportunity in the heart of Chéticamp along the iconic Cabot Trail. This fully renovated and expanded multi-building property (20212022) offers a rare combination of modern construction, strong income potential, and long-term upside in one of Cape Bretons most sought-after coastal communities. Situated on a 29,959 sq ft lot with excellent visibility and access, the property features approximately 12,166 sq ft of gross floor area across three buildings. The main 2-storey building includes one 1-bedroom unit, two 1-bedroom + den units, and two spacious 2-bedroom units with ensuite baths, all with in-suite laundry, and enhanced by raised balconies and a ground-level deck. A second 2-storey building offers an additional 1-bedroom unit with private balcony plus two garages with automatic openers. The third 2-storey building, attached at the rear, features four 2-bedroom units (including lower units with attached garages), along with an office and common room. Each unit is thoughtfully designed with modern kitchens, stainless steel appliances, separate electrical metering, and individual heat pumps with HRV systems. Additional highlights include elevator access, a large paved parking lot, and commercial zoning (C1) allowing for a wide range of permitted uses. Located in a vibrant Acadian community at the gateway to Cape Breton Highlands National Park, this is a rare opportunity to secure a low-maintenance, income-generating asset in a high-demand rental and tourism-driven market. (id:65958)
- Subtype
- Multi-family
- Structure
- Apartment
- Community
- Chéticamp
- Common interest
- Freehold
- Lot size
- 0.69 acres
- Lot dimensions
- 0.6878
- On market
- Apr 13, 2026
- Status changed
- Apr 13, 2026
- Photos
- 16
- MLS#
- 202607247
- Area
- CHÉTICAMP
Features and systems
Parking
Basement
Appliances
Cooling
Exterior
Flooring
Foundation
Lot
Community
View
Cash on cash
-11.36%
Cap rate
3.62%
GRM
16.7
Break-even rent
$20,212
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Lifestyle nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Chéticamp. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 13, 2026.