$309,000

Alexander Avenue

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About this home

Discover the incredible potential of this outstanding piece of property. Tucked away in an excellent location sits this municipally serviced, stunning property with unmatched views over Cabot Links, the Inverness Harbour and Gulf of St Lawrence. Imagine waking up to this view every morning, and catching the most incredible sunsets. This property is sure to take your breath away. Recently cleared and ready for build; vacant and serviced land like such are nearly impossible to come by. Running beneath the property is the Trans Canada Trail; this trail will also lead you to the Inverness BoardWalk. An easy and accessible path right to the beach. The Trans Canada Trail is great for walking and biking. This location, though you feel so disconnected, is a walk away to all town amenities. Whatever you are envisioning for this property, be it a year round home, a summer getaway, or an investment property built for our demanding rental market, you can't go wrong. Don't miss your chance to own such a special piece of Inverness, Cape Breton. (id:65958)

Subtype: Vacant Land
Community: Inverness
Common interest: Freehold
Lot size: 0.09 acres
Lot dimensions: 0.0912
On market: Nov 21, 2025
Status changed: Apr 17, 2026
Photos: 9
MLS#: 202528401
Area: INVERNESS

Features and systems

Parking

None

View

Ocean viewView of waterHarbour

Positive cash flow ~$156/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

3.02%

Cap rate

6.49%

GRM

10.7

Break-even rent

$2,236

Financing

Down payment$61,800

Loan amount$247,200

Mortgage$1,517/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$142

Insurance$80

Maintenance$258

CapEx reserve$129

Vacancy loss$120

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 Inverness. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $1,517/mo at 5.49% with 20% down, 25-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 17, 2026.