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Home NS Cape Breton Cape Breton Municipality Grand Lake Road
1210 Grand Lake Road
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1210 Grand Lake Road $469,000
5 days ago
$469,000
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1210 Grand Lake Road
Sydney, Nova Scotia B1M1A2

MLS® Number: 202509728

Listing Description

?? Investor Alert! Fully rented multi-family income property at 1210 Grand Lake Rd, Sydney, just steps from Cape Breton University! This turnkey investment offers 6 rental units, generating approx. $42,213 annually, with 18 parking spaces on a spacious 3.4-acre lot. The right side features 4 bedrooms, 2 full baths, and a large kitchen?perfect for student housing. The left side is a bright 2-bedroom apartment currently rented to a family. Separate electrical meters, HRV systems, and hot water tanks for each unit ensure easy management. Recent updates include a new septic pump, washer & dryer, cooktop, and serviced HRV. Ideal for student rentals or long-term tenants, this is a high-demand location with expansion potential. (230764950)

Location Description

From Sydney- Grand Lake Rd. Property is the last driveway before Cape Breton University on the right hand side. Watch for sign.

Property Summary

Property Type
Multi-family
Building Type
Duplex
Community Name
Sydney
Title
Freehold
Land Size
3.4 ac
Built in
2007
Parking Type
Gravel, Parking Space(s)
Time on REALTOR.ca
5 days

Price and Sale History

Date Status Price
Jun 30, 2022 Sale Closed $395,000
Mar 30, 2016 Sale Closed $252,000

Building

Interior Features
Flooring
Laminate, Vinyl
Basement Type
Crawl space
Building Features
Foundation Type
Concrete Perimeter
Utilities
Utility Sewer
Septic System
Water
Drilled Well
Exterior Features
Exterior Finish
Vinyl
Neighbourhood Features
Community Features
School Bus
Amenities Nearby
Golf Course, Playground, Public Transit, Place of Worship
Parking
Parking Type
Gravel, Parking Space(s)
Data provided by: Nova Scotia Association of REALTORS® 112 - 68 Highfield Park Drive, Dartmouth, Nova Scotia B3A 0E4
902-371-4663
902-780-4779
902-371-4663
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