For Sale $589,900 33 Inverness Street, Sydney, NS Book Showing

Overview

Property Type 5-8 Units

Description

Introducing a lucrative investment opportunity in the heart of Cape Breton! This exceptional 6-unit investment property consists of two well-maintained buildings, offering a fantastic return for any astute investor. Strategically located within walking distance of local shopping amenities, this property ensures convenience for tenants, enhancing tenant satisfaction and retention. It is just five minutes from the new NSCC Waterfront Campus and a mere 10 minutes to both Cape Breton Regional Hospital and Cape Breton University, making it ideal for students, healthcare professionals, and faculty alike, thus ensuring a steady stream of potential tenants. The combination of educational institutions and essential services nearby broadens the appeal to a varied demographic, including students, healthcare workers, and families. This property is priced to provide investors with an attractive return, making it an excellent addition to any real estate portfolio. The unique layout, featuring two distinct buildings, enhances privacy and tenant appeal while also providing flexibility for potential future renovations. With ongoing developments in the area, including the new waterfront campus, the property is well positioned, making it a smart choice for forward-thinking investors. This 6-unit property not only presents a solid financial opportunity but also contributes to the vibrant community of Cape Breton. Don’t miss your chance to invest in a property that’s not just a building, but a gateway to a thriving lifestyle. Invest in your future with this prime real estate opportunity.

Contact us about this listing & It's History

Neighborhood Information

Sydney, NS

Sydney is the largest urban centre on Cape Breton Island, in Nova Scotia, Canada. Located on the east coast of the island, Sydney boasts a natural harbour and beautiful waterfront. The city is known for its rich history, with a blend of cultures contributing to its unique charm. Sydney's attractions include the Sydney Opera House, Harbour Bridge, and Royal Botanic Garden, which attract tourists from around the world. The city offers a good balance of urban life and nature, with nearby Cabot Trail and Bras d'Or Lake offering stunning outdoor experiences.

The city has a friendly atmosphere, with a community-focused lifestyle. However, it can experience harsh winter weather, which might be a con for some. The cost of living is generally affordable compared to larger cities, making it an attractive place for families and retirees. The local economy is diverse, with industries including tourism, healthcare, and education.

City Score
75

Sydney is a desirable place to live, with its balance of urban amenities and access to nature. It offers a lower cost of living compared to larger cities, but job opportunities can be limited. The community is friendly and welcoming, making it a great place for families and individuals seeking a slower pace of life. City Score: 75.

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School Score
70

The schools in Sydney offer a strong education with a focus on community engagement. However, options may be limited compared to larger cities. Schools Score: 70.

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Entertainment Score
80

Sydney provides a good range of entertainment options, from cultural events at the Sydney Opera House to local festivals and concerts. There are also numerous pubs, restaurants, and shopping venues. Entertainment Score: 80.

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Activity Score
85

For outdoor activities, Sydney is hard to beat. Local opportunities for hiking, fishing, boating, and exploring nature trails abound. The nearby Cabot Trail and Bras d'Or Lake are popular spots for outdoor adventures. Outdoor Activities Score: 85.

Walk Score - 64%

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

Similar Properties

Properties within the same area, priced within 20% of the listing will be evaluated on several key factors including the number of bathrooms, bedrooms, additional features, and price per square foot and several other factors. Using these comprehensive comparisons, we derive a Similarity Score to help you find the best match.

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Property Details

On Market Date2026-04-15T17:17:33.5
StatusACTIVE
Price$589,900.00
Year Built1912
NeighborhoodCape Breton
LocationLat: 46.145156, Lng: -60.177332
Square Feet0.00
Lot Size4,331.00
Parking FeaturesMulti
HeatingBaseboard,Hot Water,Radiator
CoolingBaseboard,Hot Water,Radiator
SewerMunicipal
RoofAsphalt Shingle
FlooringLaminate,Linoleum
Lot Features8593
Community FeaturesPark,Playground,Public Transit,School Bus Service,Shopping
Association Fee0.00
Listing Office Name2156
Listing AgentTerry Campbell
Listing Agent Contactterry@cabotgroup.ca
MLS®202607486
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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