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Renanza Realty
For sale

15482 Cabot Trail

Chéticamp, Nova Scotia

MLS® 202607247

$2,890,000

Status
Active
Property type
Multi-family
MLS® number
202607247
Bedrooms
Bathrooms
Year built
1995

Listing description

Turnkey 10-unit investment opportunity in the heart of Chéticamp along the iconic Cabot Trail. This fully renovated and expanded multi-building property (20212022) offers a rare combination of modern construction, strong income potential, and long-term upside in one of Cape Bretons most sought-after coastal communities. Situated on a 29,959 sq ft lot with excellent visibility and access, the property features approximately 12,166 sq ft of gross floor area across three buildings.

The main 2-storey building includes one 1-bedroom unit, two 1-bedroom + den units, and two spacious 2-bedroom units with ensuite baths, all with in-suite laundry, and enhanced by raised balconies and a ground-level deck. A second 2-storey building offers an additional 1-bedroom unit with private balcony plus two garages with automatic openers. The third 2-storey building, attached at the rear, features four 2-bedroom units (including lower units with attached garages), along with an office and common room.

Each unit is thoughtfully designed with modern kitchens, stainless steel appliances, separate electrical metering, and individual heat pumps with HRV systems. Additional highlights include elevator access, a large paved parking lot, and commercial zoning (C1) allowing for a wide range of permitted uses. Located in a vibrant Acadian community at the gateway to Cape Breton Highlands National Park, this is a rare opportunity to secure a low-maintenance, income-generating asset in a high-demand rental and tourism-driven market.

Property summary

MLS® number
202607247
Property type
Multi-family
Building type
Apartment
Title
Freehold
Land size
0.6878 acres
Built in
1995
Parking
Paved Yard, Parking Space(s)
Days on market
139 days

Features & details

Heating
Heat Pump, Baseboard heaters, Electric, Hot Water
Cooling
Heat Pump
Basement
None
Flooring
Ceramic Tile, Vinyl Plank
Appliances
Washer, Refrigerator, Water softener, Dishwasher, Range, Dryer, Microwave
Exterior features
Vinyl
Lot features
Elevator, Balcony
Community features
School Bus
View
Ocean view

What would this home cost you?

Based on the $2,890,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$13,447 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of EXP Realty of Canada Inc., Halifax.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.