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Foreclosure signalInvestment signal

$159,000

48 Point Aconi Road

Beds

Baths

Sqft

—

Year

1940

Location

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About this home

Nestled in the heart of Point Aconi, this property offers the opportunity to own waterfront property connecting to the beautiful Bras dOr Lake. The home features 3 bedrooms and a 4-piece bathroom, set on a lot that includes a barn and a dock. While the house, dock, and barn are in need of repair and updating, the potential here is undeniable. This property could be transformed into the perfect year-round home, summer retreat, or investment opportunity. Just a short drive from all amenities, this is your chance to create something special on the water in Cape Breton. Property is being Sold "As is, Where is". (id:65958)

Subtype: Single Family
Structure: House
Community: Point Aconi
Common interest: Freehold
Living area: 580 square feet
Lot size: 0.37 acres
Lot dimensions: 0.3651
Bedrooms: 2 above grade, 1 below grade
Stories: 2
On market: Mar 25, 2026
Status changed: Apr 16, 2026
Photos: 29
MLS#: 202605471
Area: POINT_ACONI

Features and systems

Exterior

Vinyl

Flooring

Carpeted

Foundation

Poured Concrete

Waterfront

Waterfront on lake

Positive cash flow ~$1,148/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

43.32%

Cap rate

14.55%

GRM

5.5

Break-even rent

$1,192

Financing

Down payment$31,800

Loan amount$127,200

Mortgage$780/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$73

Insurance$80

Maintenance$133

CapEx reserve$66

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

Mortgage estimate

Estimated $780/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 16, 2026.