65 Minto Street Glace Bay, Nova Scotia B1A 5B5
$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:40687)
Property Details
| MLS® Number | 202426066 |
| Property Type | Multi-family |
| Community Name | Glace Bay |
| Amenities Near By | Park, Shopping, Place Of Worship |
| Community Features | Recreational Facilities |
Building
| Basement Type | None |
| Foundation Type | Concrete Slab |
| Type | Apartment |
| Utility Water | Municipal Water |
Parking
| Parking Space(s) | |
| Other |
Land
| Acreage | No |
| Land Amenities | Park, Shopping, Place Of Worship |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.5363 |
| Size Total | 0.5363 Ac |
| Size Total Text | 0.5363 Ac |
https://www.realtor.ca/real-estate/27619363/65-minto-street-glace-bay-glace-bay
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November 06 2024 10:34:02
Nova Scotia Association of REALTORS®
Cape Breton Realty