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Investment signal

$20,000

Lot Highway 206

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Beds

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Baths

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Sqft

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Year

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Type

Vacant Land

Suite

Suite potential

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Location nearby

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

About this home

Discover the perfect opportunity to build your dream home or investment property on this ideally located vacant lot on Highway 206 in Arichat, Nova Scotia. Just under half an acre, this attractive parcel offers approximately 70 feet of frontage along the road as well as direct access to the peaceful Babins Lake. With municipal water available, this lot is well suited for development and provides a great balance of convenience and natural beauty. Zoned Water Supply O-3 and recognized as an existing lot, the property permits single detached dwellings, including mobile homes and is considered buildable, subject to standard by law requirements. Enjoy serene lake views and a tranquil setting while still being just minutes from local amenities, shopping, and services. Situated near the new St. Annes Centre, this property is in a growing and vibrant area, making it an excellent choice for anyone looking to invest. Dont miss your chance to secure a prime building lot in a desirable location. (id:65958)

Subtype: Vacant Land
Community: Arichat
Common interest: Freehold
Lot size: 0.41 acres
Lot dimensions: 0.4132
On market: Mar 30, 2026
Status changed: Apr 21, 2026
Photos: 7
MLS#: 202605797
Area: ARICHAT

Features and systems

Parking

None

Lot

Treed

View

Lake view

Waterfront

Waterfront on lake

Positive cash flow ~$2,085/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

625.43%

Cap rate

129.95%

GRM

0.7

Break-even rent

$206

Financing

Down payment$4,000

Loan amount$16,000

Mortgage$81/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$9

Insurance$80

Maintenance$17

CapEx reserve$8

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: 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 $81/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 21, 2026.