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295 Musgrave Lane, North Sydney, NS, B2A 2B6

MLS® # 202404998
Conditionally Sold
Commercial In North Sydney, Nova Scotia
$275,000
295 Musgrave Lane, North Sydney, NS
295 Musgrave Lane, North Sydney, NS
295 Musgrave Lane, North Sydney, NS
295 Musgrave Lane, North Sydney, NS
295 Musgrave Lane, North Sydney, NS
295 Musgrave Lane, North Sydney, NS
295 Musgrave Lane, North Sydney, NS
295 Musgrave Lane, North Sydney, NS
295 Musgrave Lane, North Sydney, NS
295 Musgrave Lane, North Sydney, NS
295 Musgrave Lane, North Sydney, NS
295 Musgrave Lane, North Sydney, NS
295 Musgrave Lane, North Sydney, NS
295 Musgrave Lane, North Sydney, NS
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295 Musgrave Lane, North Sydney, NS, B2A 2B6

Status:

$275,000

Property Information:

THIS PROPERTY IS ZONED AS RESIDENTIAL LAND WITH A COMMERCIAL USE BUILDING ON PROPERTY. THERE ARE ENDLESS OPTIONS WITH THIS PROPERTY BASED ON THE NEW RESIDENTIAL LAND USE BY-LAW, FROM CONSTRUCTING APARTMENTS; DUPLEX OR EVEN A NEW HOME. THE BUILDING ITSELF IS VERY VERSATILE FOR BUSINESS APPLICATIONS SUCH AS CARPENTRY, WELDING, AUTO REPAIR, STORAGE TO NAME A FEW. WITH THE HOUSING CRISIS, CONSIDERATION MAY BE MADE TOWARDS RENOVATING THE BUILDING TO ACCOMMODATE 2-3 APARTMENT UNITS. SOME FEATURES ABOUT THE BUILDING ITSELF INCLUDE BUT NOT LIMITED TO: NEW CAMBRIDGE ROOFING SHINGLES 2023, 2 HEAT PUMPS INSTALLED 2023, 12’ X 12’ OVERHEAD GARAGE DOOR, COMMERCIAL GRADE EXHAUST FAN INSTALLED 2022, 14’ CEILINGS, HIGH R VALUE IN BOTH THE WALLS AND ATTIC. WALLS ARE DOUBLED WALLED CONSTRUCTED. ALSO HAS A BATHROOM WITH SHOWER. A ON BOTH SIDES OF INTERIOR, HALF DISTANCE OF BUILDING 2 OPEN LOFTS HAVE BEEN BUILT FOR STORAGE. POTENTIAL INCOME FROM 3 ADVERTISING SIGNS AT REAR OF BUILDING, WHICH ARE HIGHLY VISIBLE TO TRAFFIC ON TRANS CANADA HIGHWAY. THE ADJACENT LAND TO THE BUILDING USEDTO BE OCCUPIED BY ANOTHER BUILDING, THE WATER AND SEWER HOOK UPS ARE STILL THERE TO DATE.

Property Features:

  • Building Amenities: Air Conditioning, Public Washrooms, Ventilation System, Air Conditioning, Public Washrooms, Ventilation System
  • Building Features: Doors 10 - 15 Feet
  • Built in: Y
  • Conditional Clause: FIN, INS, Other
  • Construction: Concrete, Wood Frame
  • Documents on File: Aerial Photos
  • Driveway/Parking: Dirt, Gravel
  • Fire Protection: Hydrant
  • Floor Space (approx): 3200 Square Feet
  • Flooring: Concrete, Heavy Loading
  • Fuel Type: Electric, Oil
  • Heating/Cooling Type: Forced Air, Furnace, Heat Pump -Ductless
  • Property Size: 1 to 2.99 Acres
  • Rental Equipment: None
  • Roof: Asphalt Shingle
  • Site Influences: Cleared, Visual Exposure, Cleared, Visual Exposure
  • Sub-type: Warehouse
  • Title to Land: Freehold
  • Utilities: Cable, Electrical, Municipal Water, Sewer, Telephone
  • Water Source: Municipal

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

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Sales/Price History

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Market Price Trends

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Location of 295 Musgrave Lane, North Sydney, NS, B2A 2B6

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

21/100

Moderate-Low

ClimateCheck®

Current data

This property, 295 Musgrave Lane , experiences 7 hot days per year at around 27.3 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 30 degrees Celsius.

Projected Avg. Temperature

Past
27.3℃
2050
30℃

# 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

89/100

High

ClimateCheck®

Current data

This property, 295 Musgrave Lane , experiences 11 significant 2-day storms per year, with about 459.2mm 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 587.2mm of precipitation per year.

Precipitation Per Storm

Past
459.2mm
2050
587.2mm

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.

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Demographic Information of 295 Musgrave Lane, North Sydney, NS, B2A 2B6

Life Stage

Families with Tweens

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$99,955.08

Average Number of Children

1.66

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.72 %

High school certificate or equivalent

30.18 %

Apprenticeship trade certificate/diploma

9.1 %

College/non-university certificate

29.13 %

University certificate (below bachelor)

1.68 %

University Degree

13.19 %

Commuter

Travel To Work

By Car

98.33 %

By Public Transit

0.0 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

1.67 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

6.36 %

Houses

93.64 %

Own Vs. Rent

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