65 Minto Street

Multi-family For Sale in Glace Bay, Nova Scotia

$799,900
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". (id:4069)
Address 65 Minto Street
List Price $799,900
Property Type Multi-family
Type of Dwelling Apartment
Area Nova Scotia
Sub-Area Glace Bay
Lot Size 0.5363 Sq. Ft.
MLS® Number 202426066
Listing Brokerage Cape Breton Realty
Basement Area None
Postal Code B1A5B5
Site Influences Park, Shopping, Place of Worship

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Avalon Realty Ltd.

PO Box 8651 Halifax Halifax NS B3K 5M3

Office: 902 221 4740

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