Overview

Property Type 5-8 Units

Description

Turnkey Duplex Portfolio in Glace Bay. Discover a rare opportunity to acquire a fully rented, meticulously maintained multi-unit property featuring six units across well-kept duplexes, all occupied by long-term senior tenants providing stable, consistent income from day one. Ideally located just minutes from Dominion Beach and Big Glace Bay Beach, this property offers strong investment fundamentals with coastal lifestyle appeal. The main unit at 16 Karls Street features an impressive 28’ x 30’ south-facing addition filled with natural light, a spacious family/gathering area with three oversized rooms, and a lower level 28’ x 30’ garage that has been newly spray-foam insulated and finished with a durable epoxy floor, ideal for storage, motorcycles, or ATVs. The property includes six paved driveways, offering the potential for per-bedroom rental to maximize cash flow, along with a bus stop directly across the street and convenient access to amenities including a short 13-minute drive to Cape Breton University. Recent upgrades include new front steps, decks, and landscaping for each unit, a shared firepit area, a fenced backyard at 16 Karls ideal for children and pets, and a concrete patio under the deck for additional outdoor living space. Each unit also benefits from its own dedicated storage space, while the main unit includes a new shed suitable for lawn equipment and tools. Located in a quiet, desirable coastal community, this property offers both lifestyle and long-term tenant appeal, making it an excellent opportunity for investors seeking a turnkey income property with upside potential or for buyers looking to offset ownership costs with reliable rental income.

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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.

City Score
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.

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School Score
72

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.

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Entertainment Score
65

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.

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Activity Score
76

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 - 9%

About Your Relator®

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 Date2026-04-03T15:43:14.4
StatusACTIVE
Price$1,100,000.00
Year Built21
NeighborhoodCape Breton
LocationLat: 46.206154, Lng: -59.992991
Square Feet0.00
Lot Size10,255.00
Parking Featurespaved
AppliancesRange,Refrigerator
HeatingBaseboard
CoolingBaseboard
SewerMunicipal
RoofAsphalt Shingle
FlooringLaminate,Linoleum
Lot Features49364
Community FeaturesGolf Course,Park,Playground,Public Transit,Recreation Center,School Bus Service,Shopping,Ski Hill,Marina,Place of Worship,Beach
Association Fee0.00
Listing Office Name1296
Listing AgentGail McNeill
Listing Agent Contactgail.mcneill@viewpoint.ca
MLS®202606295
All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice.
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.

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