Overview
Description
Strategically positioned as the Gateway to the Highlands, the Cornerstone Motel offers an unparalleled investment opportunity located directly on the world-famous Cabot Trail, less than a one-minute drive from the western entrance of the Cape Breton Highlands National Park and the recently refurbished Chéticamp Visitor Centre. This turn-key hospitality asset features 17 renovated motel rooms with a proven track record of excellence (4.9/5 guest rating), situated on a tranquil property offering private walking trails along the Chéticamp River and direct access to world-class fly-fishing. A significant value-add component is the property’s fully equipped, 3,128 sq. ft. recently renovated restaurant and event hall, though currently dormant, this space is primed for immediate activation to capture the massive influx of visitors to the region. There were 468,000 room nights sold in fixed-roof accommodations (such as motels, hotels, and inns) across Cape Breton in 2025. Over 201,000 cruise passengers explore the island annually. The region maintained an average occupancy rate of 54% for the year, peaking at 80% in August. For broader provincial context, the total number of visitors to Nova Scotia as a whole in 2025 was 2,124,000. Complementing the commercial assets is a modern three-bedroom residential home, ideal for a live-work lifestyle or on-site management. With global hotel searches in Canada increasing by 40 percent year-over-year and Cape Breton Island consistently ranked as the number one Island in Canada, the Cornerstone Motel is a premier acquisition for investors looking to own a cornerstone of one of the World's Most Beautiful Drives.
Contact us about this listing & It's History
Neighborhood Information
Cheticamp, NS
Cheticamp is a charming small town located along the Cabot Trail on the western coast of Cape Breton Island, Nova Scotia. This primarily Acadian community is known for its vibrant culture, captivating history, and stunning natural beauty. The city is set against the backdrop of the Highlands National Park, making it a paradise for nature lovers.
With a population of around 3000 people, the city offers a peaceful and close-knit community life. Cheticamp is famous for its traditional rug-hooking and Acadian music. The annual Festival de l'Escaouette is a popular cultural event that attracts numerous visitors to the city. The city also serves as a gateway to Cape Breton Highlands National Park, a major attraction offering a unique blend of Acadian, Boreal and Taiga habitats.
However, the city's remote location could be seen as a downside for some, as it means longer commutes to major urban centers. The weather can also be quite extreme during the winter months.
70
Cheticamp, with its serene environment, cultural heritage, and outdoor activities, offers a unique living experience. It may lack the hustle and bustle of larger cities, but its charm and quality of life make it rank 70 out of 100.
Search Nearby Activities65
The city's school system is small but dedicated. However, compared to larger cities, it lacks diversity and advanced programs, earning a score of 65 out of 100.
Search Nearby Schools75
Entertainment in Cheticamp is primarily centered around outdoor activities, cultural events, and community gatherings. While it lacks the myriad of options found in larger cities, its unique offerings give it a score of 75 out of 100.
Search Nearby Restaurants85
The city scores high on outdoor activities with access to hiking, camping, and wildlife viewing in the National Park, giving it an impressive score of 85 out of 100 in this area.
Walk Score - 0%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
Map
Mortgage Calculator
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 | 2026-07-11T03:27:35 |
| Price | $1,895,000.00 |
| Neighborhood | Highland Region |
| Location | Lat: 46.647987, Lng: -60.956765 |
| Square Feet | 9,938.00 |
| Lot Size | 466,048.00 138956 |
| Parking Features | Yes |
| Heating | Baseboard,Furnace,Hot Water,Radiant,Ductless Cooling |
| Water Source | Drilled Well |
| Construction Materials | Concrete,Wood Frame |
| Roof | Asphalt Shingle |
| Flooring | Concrete,Wood,Other |
| Association Fee | 0.00 |
| Listing Office Name | Royal LePage Anchor Realty |
| Listing Agent | Ian Hamilton |
| MLS® | 202617260 |
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.