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10 Pitt Street, Sydney, NS, B1P 5X3

MLS® # 202501171
Commercial For Sale In Sydney Waterfront District (Downtown), Sydney, Nova Scotia
$1,200,000
10 Pitt Street, Sydney, NS
10 Pitt Street, Sydney, NS
10 Pitt Street, Sydney, NS
10 Pitt Street, Sydney, NS
10 Pitt Street, Sydney, NS
10 Pitt Street, Sydney, NS
10 Pitt Street, Sydney, NS, B1P 5X3
$1,200,000

Property Information:

Introducing a charming boutique hotel for sale in the heart of downtown Sydney. This exquisite property features a total of 11 separate units, offering a diverse range of accommodations to cater to guests' needs. Among the 11 units, 6 are self-contained apartments, providing a sense of privacy and comfort for guests seeking a home-away-from-home experience. Within the self-contained apartments, there are 3 cozy 1-bedroom units and 3 spacious 2-bedroom units, with 2 of the latter boasting 2 bathrooms for added convenience. Additionally, the hotel offers 5 single hotel-style rooms, perfect for guests looking for a more traditional lodging experience. The boutique hotel also features a welcoming lobby and dining area, creating a warm and inviting atmosphere for guests to relax and socialize. The dining area presents an opportunity for conversion into additional rooms, allowing for flexibility in accommodation offerings. For added convenience, the property includes 2 separate laundry rooms, ensuring that guests have access to essential facilities during their stay. Noteworthy is the extensive renovation that took place in 2005, enhancing the overall appeal and character of the hotel. This renovation has contributed to the property's history, overall design and amenities, making it a desirable investment opportunity in the vibrant downtown Sydney hospitality market. Don't miss the chance to own this boutique hotel and provide guests with a memorable and comfortable stay right here in downtown Sydney!

Property Features:

  • Building Amenities: Air Conditioning, Laundry Facilities, Living Accommodations, Air Conditioning, Laundry Facilities, Living Accommodations
  • Building Features: Wheelchair Accessible
  • Built in: Y
  • Construction: Wood Frame
  • Driveway/Parking: Parking Spaces(s), Paved
  • Fire Protection: Alarm
  • Floor Space (approx): 11706 Square Feet
  • Flooring: Wood
  • Fuel Type: Electric, Oil
  • Heating/Cooling Type: Furnace, Heat Pump -Ductless
  • Property Size: Under 0.5 Acres
  • Rental Equipment: None
  • Roof: Asphalt Shingle
  • Site Influences: Public Transportation, Shopping Nearby, Visual Exposure, Corner Site, High Traffic Location, Public Transportation, Shopping Nearby, Visual Exposure, Corner Site, High Traffic Location
  • Sub-type: Motel/Hotel, Residential Units
  • Title to Land: Freehold
  • Utilities: Cable, Electrical, Municipal Water, Sewer, Telephone
  • Water Source: Municipal

Courtesy of: Coldwell Banker Boardwalk 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

Location of 10 Pitt Street, Sydney, NS, B1P 5X3

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, 10 Pitt Street , experiences 7 hot days per year at around 27.1 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 29.7 degrees Celsius.

Projected Avg. Temperature

Past
27.1℃
2050
29.7℃

# 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, 10 Pitt Street , experiences 11 significant 2-day storms per year, with about 460.9mm 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 589.2mm of precipitation per year.

Precipitation Per Storm

Past
460.9mm
2050
589.2mm

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.

Demographic Information of 10 Pitt Street, Sydney, NS, B1P 5X3

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$55,810.12

Average Number of Children

1.30

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.7 %

High school certificate or equivalent

29.26 %

Apprenticeship trade certificate/diploma

8.04 %

College/non-university certificate

14.04 %

University certificate (below bachelor)

8.55 %

University Degree

18.4 %

Commuter

Travel To Work

By Car

65.19 %

By Public Transit

1.7 %

By Walking

22.04 %

By Bicycle

3.78 %

By Other Methods

7.29 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

62.97 %

Houses

37.03 %

Own Vs. Rent