Overview
Description
Rare 1.3-Acre Property with Renovated Cottage and Development Potential A multitude of possibilities await with this rare 1.3-acre parcel featuring a newly renovated, cottage-style bungalow. Privately nestled among mature vegetation, this unique property offers a quiet, secluded feel—yet it's just steps from the recreation centre, the Savoy Theatre, and a short walk to the downtown core. The bungalow has been fully renovated inside and comes equipped with a newer fridge, stove, washer/dryer combo, and hot water heater. Currently rented at $1,390/month with the tenant paying all utilities, it presents an excellent turn-key investment opportunity. Formerly the site of the Devco mining office, the property benefits from upgraded in-ground water, sewer connections, with power connection available on site. Valuable infrastructure for future development. Zoned UR3, the site offers numerous possibilities including: A dream retirement home with a guest house or granny suite all ready on site A vacation rental or AirBnB A multi-unit development of up to 12 units Potential for duplexes or a larger family compound Its elevated terrain offers the potential for second-storey ocean views if building on the crest of the hill. Whether you're an investor, developer, or someone looking to create a private urban retreat, this versatile property is a rare opportunity in a prime location.
Contact us about this listing & It's History
Neighborhood Information
Glace Bay, NS
Glace Bay, located in Nova Scotia, Canada, is a vibrant community that was once home to one of the world's largest coal mines. Today, it is a treasure trove of rich history and culture. The town is full of character, showcasing its past through the impressive Miner's Museum and Marconi National Historic Site. Besides its deep-rooted heritage, Glace Bay offers picturesque views of the Atlantic Ocean and a welcoming community spirit.
Although it's relatively small and quiet compared to bustling urban centers, it's a good place for those who appreciate peace and tranquility. However, it might not be suitable for those seeking a more extensive variety of amenities and entertainment options. Its population is around 19,000, making for a tight-knit community feel.
67
In comparison to other cities in Canada, Glace Bay offers a slower pace of life, rich history, and close-knit community, scoring it a 67/100.
Search Nearby Activities72
Education in Glace Bay is well-regarded with a range of public and private schools to choose from. The student to teacher ratio is favorable, resulting in a city schools score of 72/100.
Search Nearby Schools65
The entertainment in Glace Bay is relatively modest but unique, featuring local theatres, museums, and cultural events. The town's entertainment score is a decent 65/100.
Search Nearby Restaurants76
Outdoor enthusiasts will enjoy the natural beauty of Glace Bay. With plenty of stunning coastal walks, fishing spots, and wildlife, this area scores a solid 76/100 for outdoor activities.
Walk Score - 56%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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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 | 2025-07-13T13:22:42.3 |
| Status | ACTIVE |
| Price | $229,000.00 |
| Neighborhood | Cape Breton |
| Location | Lat: 46.200956, Lng: -59.953010 |
| Bedrooms | 2 |
| Bathrooms (Full) | 1 |
| Bathrooms (Total) | 1 |
| Square Feet | 580.00 |
| Lot Size | 56,128.00 56128 |
| Appliances | Stove,Washer/Dryer Combo,Refrigerator |
| Heating | Baseboard |
| Water Source | Municipal |
| Sewer | Municipal |
| Roof | Asphalt Shingle |
| Flooring | Laminate,Vinyl |
| Lot Features | Cleared |
| Community Features | Public Transit,Recreation Center,School Bus Service,Shopping,Place of Worship |
| Association Fee | 0.00 |
| Listing Office Name | VALMAC REALTY LTD. - 16139 |
| Listing Agent | Sheila O'Neil-McKinnon |
| MLS® | 202517462 |
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.