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Investment signal

$170,000

2540 Highway 206, Arichat, NS

Beds

2

Baths

1

Sqft

Year

1994

About this home

Welcome to peaceful coastal living in a charming maritime community on Isle Madame, overlooking beautiful Arichat Harbour. If youve been dreaming of ocean views, fresh sea air, and a relaxed lifestyle, this fully furnished mini home is ready for you! This well-maintained 16' x 56' Kent Home (1994) offers comfortable, easy living with: 2 Bedrooms + 1 Full Bath, Cozy small propane stove for added warmth and charm. Connected to municipal water and sewer, air exchanger for year-round comfort, newer hot water tank (updated approx. 2 years ago), updated skirting with convenient hatch for access to underneath. Fully furnished move-in ready! Appliances included: Fridge,Stove, Microwave, Washer & Dryer. Step out onto your own deck and take in the beautiful ocean views of Arichat Harbour the perfect spot for morning coffee or evening sunsets. Ideal Location, nestled in a welcoming small maritime community, youre just minutes from everyday essentials including: Drug store, Grocery & convenience store, Gas station, Restaurant, Doctors office. Plus, enjoy close proximity to: Sandy beaches, Marina, Walking trails, Park, Fishing, boating, kayaking & canoeing. All of this while exploring the natural beauty and culture of Cape Breton Island. Whether youre looking for a year-round residence, seasonal getaway, or investment opportunity, this affordable oceanview property offers comfort, convenience, and coastal charm all in one. Come experience the best of Cape Breton living! (id:65958)

Subtype
Single Family
Lot size
0.27 acres
MLS#
202603669
Area
ARICHAT
Positive cash flow ~$600/mo at these assumptions

Cash on cash

21.18%

Cap rate

10.13%

GRM

7.5

Break-even rent

$1,268

Financing

Down payment$34,000
Loan amount$136,000
Mortgage$834/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$78
Insurance$80
Maintenance$142
CapEx reserve$71
Vacancy loss$95

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.

Mortgage estimate

Estimated $834/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 19, 2026.

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