$2,890,000

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

Lot size

0.69 acres

MLS#

202607247

Area

CHÉTICAMP

Mortgage estimate