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Home NS Cape Breton Cape Breton Municipality Glace Bay
65 Minto Street
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65 Minto Street $799,900
$799,900
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65 Minto Street
Glace Bay, Nova Scotia B1A5B5

MLS® Number: 202426066

Listing Description

Presenting a remarkable DEVELOPMENT and INVESTMENT opportunity in the heart of Glace Bay. WHEN COMPLETED this APARTMENT COMPLEX WIL OFFER 21 mixed-sized residential units across a two-floor building, featuring STUDIOS up to THREE-BEDROOM apartments.(TOTAL 21,472 FT SQ). Ideally positioned to attract a DIVERSE TENANT BASE, this property is within CLOSE PROXIMITY to major local institutions such as Cape Breton University, Cape Breton Regional Hospital, and the Nova ScotiaCommunity College (NSCC), making it a prime choice for affordable RENTAL HOUSING. KEY FEATURES: A TO BE BUILT BY BUYER 21-UNIT residential building with a variety of apartment layouts (studio, 1-bedroom, 2-bedroom, 3-bedroom) and 26 PARKING SPACES. STRATEGIC LOCATION:A central Glace Bay property poised to attract tenants from nearby universities, hospitals, and businesses. DEVELOPMENT PROGRESS: Foundation is poured with roughed in plumbing and protected by the original first floor framing streamlining the path to project completion BY THE BUYER. INCLUDED in the sale: All architectural plans, blueprints, and construction drawings, some construction materials. CONSTRUCTION FINANCING available to qualified buyer. This project MAY QUALIFY for funding from the Affordable Housing Development programme.This is a rare opportunity for investors looking to enter or expand in the residential rental market, with significant potential for high occupancy rates and solid returns. Being sold "AS IS". (230045429)

Location Description

65 Minto St, Glace Bay

Property Summary

Property Type
Multi-family
Building Type
Apartment
Community Name
Glace Bay
Title
Freehold
Land Size
0.5363 ac
Parking Type
Parking Space(s), Other
Time on REALTOR.ca
17 days

Price and Sale History

Date Status Price
Apr 29, 2022 Sale Closed $140,000

Building

Interior Features
Basement Type
None
Building Features
Foundation Type
Concrete Slab
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Neighbourhood Features
Community Features
Recreational Facilities
Amenities Nearby
Park, Shopping, Place of Worship
Parking
Parking Type
Parking Space(s), Other
Data provided by: Nova Scotia Association of REALTORS® 112 - 68 Highfield Park Drive, Dartmouth, Nova Scotia B3A 0E4

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