Button CopyPathCircle CloseCircle Left ArrowArrow Down Icon GreyClosecirclecircleBurger
  • Advertising

65 Minto Street, Glace Bay, NS, B1A 5B5

MLS® # 202426066
Investment For Sale In Glace Bay, Nova Scotia
$699,900 QuickQuoteTM: Not Available
65 Minto Street, Glace Bay, NS
65 Minto Street, Glace Bay, NS
65 Minto Street, Glace Bay, NS
65 Minto Street, Glace Bay, NS
65 Minto Street, Glace Bay, NS
65 Minto Street, Glace Bay, NS
65 Minto Street, Glace Bay, NS
65 Minto Street, Glace Bay, NS
65 Minto Street, Glace Bay, NS
65 Minto Street, Glace Bay, NS
65 Minto Street, Glace Bay, NS
65 Minto Street, Glace Bay, NS
65 Minto Street, Glace Bay, NS
65 Minto Street, Glace Bay, NS
  • Advertising

Home Insurance - TD Insurance

Get a home insurance quote online for this $699,900 property in Glace Bay

Advertisement
ACTIVE
65 Minto Street, Glace Bay, NS, B1A 5B5
$699,900

Property Information:

Presenting a remarkable DEVELOPMENT and INVESTMENT opportunity in the heart of Glace Bay. WHEN COMPLETED this APARTMENT COMPLEX WIL OFFER 21 mixed-sized residential units across a two-floor building, featuring STUDIOS up to THREE-BEDROOM apartments.(TOTAL 21,472 FT SQ). Ideally positioned to attract a DIVERSE TENANT BASE, this property is within CLOSE PROXIMITY to major local institutions such as Cape Breton University, Cape Breton Regional Hospital, and the Nova ScotiaCommunity College (NSCC), making it a prime choice for affordable RENTAL HOUSING. KEY FEATURES: A TO BE BUILT BY BUYER 21-UNIT residential building with a variety of apartment layouts (studio, 1-bedroom, 2-bedroom, 3-bedroom) and 26 PARKING SPACES. STRATEGIC LOCATION:A central Glace Bay property poised to attract tenants from nearby universities, hospitals, and businesses. DEVELOPMENT PROGRESS: Foundation is poured with roughed in plumbing and protected by the original first floor framing streamlining the path to project completion BY THE BUYER. INCLUDED in the sale: All architectural plans, blueprints, and construction drawings, some construction materials. CONSTRUCTION FINANCING available to qualified buyer. This project MAY QUALIFY for funding from the Affordable Housing Development programme.This is a rare opportunity for investors looking to enter or expand in the residential rental market, with significant potential for high occupancy rates and solid returns. Being sold "AS IS".

Property Features:

  • Title to Land: Freehold

Courtesy of: Cape Breton Realty

Data provided by: Nova Scotia Association of REALTORS® 68 Highfield Park Drive, Suite 112, Dartmouth, Nova Scotia B3A 0E4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

QuickQuoteTM Powered by RPS
Thinking of Selling?

Start by finding out what your home might be worth in today's market.

Location of 65 Minto Street, Glace Bay, NS, B1A 5B5

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

26 hot days expected in 2050

Projected Precipitation Risk: High

14 storms expected in 2050

Projected Heat Risk: Moderate-Low

26 hot days expected in 2050

20/100

Moderate-Low

ClimateCheck®

Current data

This property, 65 Minto Street , experiences 7 hot days per year at around 26.7 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 26 hot days at 29.4 degrees Celsius.

Projected Avg. Temperature

Past
26.7℃
2050
29.4℃

# Hot Days Per Year

Past
7
2050
26

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

14 storms expected in 2050

90/100

High

ClimateCheck®

Current data

This property, 65 Minto Street , experiences 11 significant 2-day storms per year, with about 464.4mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 591.7mm of precipitation per year.

Precipitation Per Storm

Past
464.4mm
2050
591.7mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 65 Minto Street, Glace Bay, NS, B1A 5B5

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$81,961.86

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

28.3 %

High school certificate or equivalent

29.75 %

Apprenticeship trade certificate/diploma

9.33 %

College/non-university certificate

20.08 %

University certificate (below bachelor)

1.31 %

University Degree

11.23 %

Commuter

Travel To Work

By Car

81.09 %

By Public Transit

0.0 %

By Walking

12.39 %

By Bicycle

0.0 %

By Other Methods

6.52 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

27.16 %

Houses

72.84 %

Own Vs. Rent