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Renanza Realty
For sale

5968 Highway 1

Cambridge, Nova Scotia

MLS® 202501099

$429,000

Status
Active
Property type
Multi-family
MLS® number
202501099
Bedrooms
Bathrooms
Year built
1960

Listing description

This prime mixed-use property on Highway 1 in Cambridge offers exceptional visibility and tremendous investment potential. With the income-generating combination of both residential and commercial spaces, this building presents an unmatched opportunity for savvy investors looking to capitalize on both immediate and future growth. Zoned C3, the possibilities are virtually limitless, including potential for further development or diversification.

There are three well-maintained apartments. Two 1-bedroom/1-bath units, and a spacious 2-bedroom/1-bath, two-level apartment. All tenants are on fixed leases.

The street-front retail area is currently home to a single established retail business. However, with minimal effort, this can be reconfigured into two separate commercial units to increase income potential and diversify the revenue stream. The building offers an efficient shipping and receiving area on the ground level for the commercial tenants.

There is generous parking space available for both residents and commercial tenants, with convenient access for guests and deliveries. Opportunities like this do not come oftenschedule a viewing today before this exceptional investment slips away!

Property summary

MLS® number
202501099
Property type
Multi-family
Building type
Triplex
Title
Freehold
Land size
0.3398 acres
Built in
1960
Parking
Paved Yard
Days on market
586 days

Features & details

Heating
Heat Pump, Baseboard heaters, Electric, Ductless
Basement
Unfinished, Full
Flooring
Laminate
Appliances
Washer, Dryer - Electric, Refrigerator, Stove
Exterior features
Vinyl
Community features
School Bus

What would this home cost you?

Based on the $429,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$1,996 /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 Royal LePage Atlantic (New Minas), New Minas.

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.

5968 Highway 1, Cambridge, Nova Scotia — For Sale | Renanza