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Renanza Realty
For sale

214 Nova Scotia Trunk 1

Dayton, Nova Scotia

MLS® 202610878

$1,050,000

Status
Active
Property type
Business
MLS® number
202610878
Bedrooms
Bathrooms
Year built
1966

Listing description

TURNKEY MOTEL Novastar Motel on the Lake is a well-maintained, income-producing property just five minutes from downtown Yarmouth and overlooking Lake Milo. The property features 16 motel units plus two apartment suites, offering strong short- and long-term rental potential. Four kitchenette units were recently renovated (approx.

$100,000). The two apartment suites and motel's office include three Daikin heat pumps for efficient year-round comfort. With a loyal clienteleincluding steady off-season demand from trades workersand close proximity to the Yarmouth Ferry, this turnkey operation is an excellent opportunity for investors or owner-operators.

Property summary

MLS® number
202610878
Property type
Business
Title
Freehold
Land size
1.01 acres
Built in
1966
Parking
Paved Yard, Parking Space(s), Gravel, Visitor Parking
Days on market
130 days

Features & details

Heating
Heat Pump, Baseboard heaters, Electric, Propane, Ductless
Cooling
Window air conditioner, Air Conditioned
Flooring
Other, Wood

What would this home cost you?

Based on the $1,050,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$4,885 /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 RE/MAX Nova (Halifax), 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.