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65 Minto St

Minto StGlace BayCape BretonNS, B1A 5B5

-
Baths
21472
Sq. Ft.
$699,900
List Price
65 Minto St, Cape Breton, NS - 1 of 3
65 Minto St, Cape Breton, NS - 2 of 3
65 Minto St, Cape Breton, NS - 3 of 3
47 days on market

Quick Summary

  • Expansive 21,472 sq ft apartment complex
  • Diverse 21-unit residential building
  • Convenient location near universities, hospitals
  • Partially constructed with foundation poured
  • Includes architectural plans and materials
  • Potential for affordable rental housing
  • Attractive investment opportunity
  • Sold in as-is condition

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... Show More

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:54626)

Property Details

Parking

Parking Space(s),Other

Build

Year Built
-
Model Name
-
Exterior
-
Builder Name
-
Floors
-
Flooring
-

Utilities

Water
Municipal water
Sewer
Municipal sewage system

Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
202426066
Last Updated
December 6, 2024
Brokerage
Cape Breton Realty
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