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Investment signal

$525,000

16 Xavier Drive, 2 Hillside Drive Antigonish, NS B2G 1G6

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Beds

Baths

Sqft

Year

1962

Type

Multi-family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Antigonish. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Looking for a rock-solid addition to your portfolio? This turnkey over/under duplex in Antigonish is perfectly positioned within 1KM of St. FX University. In a town where location is everything, this property stays consistently occupied and is currently fully rented with solid tenant, offering immediate cash flow from day one. Each unit features a practical two-bedroom, one-bathroom layout, made even more attractive to quality tenants by the inclusion of private, in-suite washers and dryer on both levels. The building has been well-maintained, keeping your overhead low and your margins high. You can skip the immediate maintenance headaches too as the roof was replaced in March 2024, providing years of protection and peace of mind and anew stove in 2 Hillside in 2025. Between the universitys constant demand and the buildings low operating expenses, this is a straightforward, low-maintenance investment designed for long-term growth. Whether youre a local investor or looking to expand into the Highland Heart, this property offers the stability and structural integrity youre looking for in a prime rental market. Don't miss out on a hassle-free asset thats already performing. (id:65958)

Subtype
Multi-family
Structure
Duplex
Community
Antigonish
Common interest
Freehold
Lot size
0.14 acres
Lot dimensions
0.1377
On market
Apr 18, 2026
Status changed
Apr 27, 2026
Photos
17
MLS#
202607877
Area
ANTIGONISH

Features and systems

Parking

Gravel

Basement

None

Appliances

WasherDryer - ElectricRefrigeratorRange - ElectricDishwasherMicrowave Range Hood Combo

Exterior

Vinyl

Flooring

TileLaminate

Foundation

Concrete Perimeter

Lot

Balcony

Community

Recreational Facilities
Negative cash flow ~$611/mo at these assumptions

Cash on cash

-6.99%

Cap rate

3.47%

GRM

16.7

Break-even rent

$3,268

Financing

Down payment$105,000
Loan amount$420,000
Mortgage$2,128/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$241
Insurance$80
Maintenance$438
CapEx reserve$219
Vacancy loss$131

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 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.

Mortgage estimate

Estimated $2,128/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 27, 2026.

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