$ 799.900

65 Minto Street, Glace Bay

  • Type: Commercial
  • Added: 17 days ago
  • Updated: 16 days ago
  • Last Checked: 5 hours ago
Presenting a remarkable DEVELOPMENT and INVESTMENT opportunity in the heart of Glace Bay. This (TO BE COMPLETED BY BUYER) APARTMENT COMPLEX will 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 Scotia Community College (NSCC), making it a prime choice for affordable RENTAL HOUSING. KEY FEATURES: 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. 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:1945)

Property DetailsKey information about 65 Minto Street

  • Construction Materials: Wood frame
  • Total Units: 21
  • Unit Types: Studios, 1-bedroom, 2-bedroom, 3-bedroom
  • Total Square Footage: 21,472 FT SQ
  • Parking Spaces: 26
  • Development Status: Partially completed

Interior FeaturesDiscover the interior design and amenities

  • Flooring: Other
  • Above Grade Finished Area: 21472
  • Above Grade Finished Area Units: square feet
  • Construction Progress: Foundation is poured with roughed in plumbing
  • Framing: Protected by the original first floor framing

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 65 Minto Street

  • Water Source: Municipal water
  • Lot Size Units: acres
  • Lot Size Dimensions: 0.5363
  • Building Structure: Two-floor building

Location & CommunityUnderstand the neighborhood and community

  • Directions: 65 Minto St, Glace Bay
  • Common Interest: Freehold
  • Proximity To Institutions: Cape Breton University, Cape Breton Regional Hospital, Nova Scotia Community College (NSCC)
  • Community Type: Central Glace Bay property

Business & Leasing InformationCheck business and leasing options available at 65 Minto Street

  • Business Type: Residential
  • Market Potential: High occupancy rates and solid returns
  • Affordable Housing Development Programme Qualification: Potential eligibility

Property Management & AssociationFind out management and association details

  • Property Type: Residential Rental

Utilities & SystemsReview utilities and system installations

  • Included In Sale: All architectural plans, Blueprints, Construction drawings, Some construction materials
  • Construction Financing: Available to qualified buyer

Tax & Legal InformationGet tax and legal details applicable to 65 Minto Street

  • Parcel Number: 15395726
  • Sale Condition: Being sold 'AS IS'

Additional FeaturesExplore extra features and benefits

  • Tenant Base: Diverse tenant base
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Nearby Listings Stat

Active listings
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Min Price
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Avg Price
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Days on Market
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Max Sold Price
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Avg Sold Price
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Days until Sold
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More Details?
Vince Grittani
  • Vince Grittani
  • Cape Breton Realty
  • 705-774-4487
  • WebSite

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