Our Agents' Listings
931 Highway 19
306-Inverness County / Inverness
Troy
B9A 1E9
$929,000
Multi-Family
built: 1996
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- 202322060
- Year Built:
- 1996
- Photos (17)
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Welcome investors, entrepreneurs and ocean enthusiasts to this 6.45 acre property overlooking breathtaking water views which is a rare find these days. If you don't mind sleeping to the soothing sounds of the ocean and the therapeutic sceneries, then look no further than this beautiful property offering endless possibilities. Located just 10 minutes from amenities of Port Hawkesbury and NSCC, and with direct access to the Cape Breton trail. Setting up your roots at this lovely retreat while earning significant income with 6 cabins fully winterized cottages facing the Northumberland strait( home of the warmest ocean water in Canada). There is also a self-managed, fully occupied 24-unit storage facility to the right as you enter the property. This is the perfect lifestyle for people who want to enjoy the best of both worlds: generate income, and live in nature. This stunning property has recently refreshed cottages and has been recently cleared to allow for additional buildings, Domes, yurts, camping or even an RV campground to be added. Each of the 6 year round cottages features 2 bedrooms, a 3-piece bathroom, a living room, dining area, a full kitchen and a heat pump for heating and cooling. Tenants have access to a coin-operated washer/dryer onsite. A seventh building on the property is perfect for an office, coffee shop, or could be converted into another rental or even an apartment style dwelling. Demand exceeds supply in this thriving community. The cottages can be rented year round by local residents or weekly during the peak spring/summer and winter months attracting trail recreational users. This property is not restricted to foreign buyers and would be the perfect investment to add to your real estate portfolio. There is also another lot on the water which will be also available for sale with this lot but not separately for 60K (PID 50339746), offering direct water frontage to build your own haven!
- Listing Sub-Area:
- 306-Inverness County / Inverness
- Property Type:
- Multi-Family
- Multi-Family Type:
- 5 - 8 Unit
- Title To Land:
- Freehold
- Property Known As / Body of Water:
- Atlantic Ocean
- Building Dimenions:
- Multiple Structures
- Outside Dimenions:
- Multiple Structures
- Lot Size:
- 6.45 acre(s)2.61 hectare(s)
- Prop Size:
- 3 to 9.99 Acres
- Commercial / Retail Space:
- Yes
- # of Rental Units / Occupied:
- 6
- Year built:
- 1996 (Age: 27)
- Age:
- 27
- Exterior Finish:
- Vinyl
- Foundation:
- Concrete
- Basement:
- None
- Floor Finish:
- Laminate, Vinyl Plank
- Roof:
- Asphalt Shingle
- Heating:
- Baseboard, Heat Pump -Ductless
- Fuel:
- Electric
- Parking:
- Yes
- Parking Description:
- Gravel
- Driveway:
- Dirt, Gravel
- Water Supply:
- Shared, Well, Other
- Sewer:
- Septic
- Num Units:
- 6
- Num 2 Bed Units:
- 6
- # Of Dryers:
- 1
- # Of Fridges:
- 6
- # Of Stoves:
- 6
- # Of Washers:
- 1
- Rental Income:
- Yes, $6150 x 2 = $78000
- Laundry Income:
- $1200
- Other Income:
- $2000 x 12 = $24000
- Insurance Expense:
- $6000
- Other Costs:
- Tax $8787
- Betterment Charges:
- none
- Snow / Garbage Collection:
- Snow $1200
- Electricity Bill:
- $3200 TBV
- Approx. Total Expense:
- $13887
- Approx. Total Income:
- $103,200
- Air Conditioning, Cable, Dining Room, Laundry, Locker, Storage, Telephone, Wheelchair Access
- Beach
- None
- None
- Ocean
- Yes
- View: Lake
- Assessment:
- 244500.0
- Assessment Year:
- 2023
- Zoning:
- no zoning
- Elementary School:
- Bayview Education Centre
- High School:
- Dalbrae Academy
- Possession Info:
- Negotiable
- Listed Date:
- Oct 16, 2023
- Days on Mkt:
- 49
Larger map options:
Data was last updated December 4, 2023 at 11:20 AM (UTC)
Area Statistics
- Listings on market:
- 10
- Avg list price:
- $591,900
- Min list price:
- $319,000
- Max list price:
- $2,200,000
- Avg days on market:
- 90
- Min days on market:
- 18
- Max days on market:
- 397
These statistics are generated based on the current listing's property type
and located in
Highland Region. Average values are
derived using median calculations.
- Jackie Chahine
- Sutton Group Professional Realty - A549
- 9022099515
- Contact by Email