Overview
Description
Investment Opportunity: 5-Unit Rental Property Overlooking the Grand River Discover this fantastic investment property featuring 5 well-maintained rental units, all with long-term tenants. Currently at full occupancy with a waitlist, the property offers a steady income stream. Located on the scenic banks of the Grand River, this property offers stunning views and a peaceful setting, making it highly attractive to tenants. Whether you're a seasoned investor or just starting out, this opportunity provides steady income and potential for future appreciation. Don’t miss out on this prime investment!
Contact us about this listing & It's History
Neighborhood Information
Grand River, NS
Grand River is a small rural community located in Cape Breton Island, Nova Scotia. The community is well known for its serene environment and picturesque landscapes the perfect spot for those who love to experience the great outdoors. Nestled between Grand River Falls and the Grand Lake Road, this area boasts beautiful views and a calm, peaceful lifestyle.
The community is friendly and welcoming, which can be seen in the communal efforts to maintain the aesthetics of the area. However, it's worth noting that amenities are limited in this rural setting, which may be a drawback for some. On the other hand, the tranquility and closeness to nature can be a huge draw for those looking for a quieter pace of life.
65
As compared to other cities in Canada, Grand River offers a quiet rural lifestyle that can be quite desirable for those looking for tranquility and nature. However, lack of amenities could be a downside for some, giving it a score of 65.
Search Nearby Activities70
There is no specific data on schools within the Grand River community, but Nova Scotia generally has a good reputation for education, scoring 70 when compared with other regions in the country.
Search Nearby Schools60
Entertainment options in Grand River are primarily outdoor-oriented, with activities like hiking and nature walks. With limited options for other forms of entertainment, it scores a 60.
Search Nearby Restaurants85
For outdoor enthusiasts, Grand River provides ample opportunities for activities like fishing, hiking, and bird watching, which gives it a score of 85 in comparison to other cities in the country.
Walk Score - 6%About Your Relator®
Jessica Mugford
Meet Jessica Mugford, a dynamic and enthusiastic Realtor® based in the heart of Sydney, NS. Born and raised in this picturesque coastal city, Jessica brings a deep-seated passion and a comprehensive understanding of the local market to her role. Her journey in real estate began at RE/MAX Park Place, where she served as an administrative professional specializing in contract review. This experience has provided her with invaluable insights into the industry, enhancing her expertise in managing real estate transactions with finesse.
Jessica's love for travel has broadened her perspective, allowing her to appreciate diverse lifestyles and housing needs, making her an ideal advisor for clients seeking to navigate the complexities of the real estate market. Coupled with her exceptional customer service skills, Jessica is committed to offering personalized and effective real estate solutions.
With deep rooted entrepreneurial ties to the community, Jessica has the foresight to recognize independent real estate opportunities, propose growth strategies and guide her clients through effective and efficient closing processes.
With Jessica Mugford, you can expect nothing less than a professional, tailored approach.
Phone: (902) 322-1684
Email: jessicamugford@remax.net
Office: Sydney
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Estimated Monthly Payment:
Monthly mortgage and property tax payments are estimates for which we bear no responsibility.
Homeowners could also be subject to mortgage insurance premiums, homeowners insurance premiums, and other costs.
Property Details
| On Market Date | 2025-05-23T12:28:01 |
| Status | ACTIVE |
| Price | $449,000.00 |
| Year Built | 1950 |
| Neighborhood | Highland Region |
| Location | Lat: 45.646220, Lng: -60.657590 |
| Square Feet | 0.00 |
| Lot Size | 109,771.00 |
| Parking Features | Large wrap-around gravel parking lot |
| Appliances | Range - Electric,Dryer - Electric,Washer,Refrigerator,Water Softener |
| Heating | Baseboard,Furnace |
| Cooling | Baseboard,Furnace |
| Sewer | Septic |
| Interior Features | Laundry,Storage |
| Roof | Asphalt Shingle |
| Flooring | Laminate,Vinyl |
| Lot Features | 109771 |
| View | View: River |
| Community Features | Recreation Center,School Bus Service,Place of Worship,Beach |
| Association Fee | 0.00 |
| Assessments | 146100 |
| Listing Office Name | 429 |
| Listing Agent | Beth Groom |
| Listing Agent Contact | beth@capebretonrealty.com |
| MLS® | 202512000 |
No representation is made as to the accuracy of any description. All measurements and square footages are approximate and all information should be confirmed by customer.