1210 Grand Lake Road, Sydney, (MLS® 202509728) REMAX NOVA
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1210 Grand Lake Road, Sydney

0 sqft
$469,000 For Sale

Description

?? Investor Alert! Fully rented multi-family income property at 1210 Grand Lake Rd, Sydney, just steps from Cape Breton University! This turnkey investment offers 6 rental units, generating approx. $42,213 annually, with 18 parking spaces on a spacious 3.4-acre lot. The right side features 4 bedrooms, 2 full baths, and a large kitchen—perfect for student housing. The left side is a bright 2-bedroom apartment currently rented to a family. Separate electrical meters, HRV systems, and hot water tanks for each unit ensure easy management. Recent updates include a new septic pump, washer & dryer, cooktop, and serviced HRV. Ideal for student rentals or long-term tenants, this is a high-demand location with expansion potential.

Listing Details

Address
1210 Grand Lake Road, Sydney, B1M 1A2

Status
ACTIVE
Listing Price
$469,000
MLS®
202509728
Type
n/a
Style
---
Age
18
PID
15227234

Water
Drilled Well
Sewer
Septic
Utilities
---

Building Specifications

Foundation Type
Concrete
Roof
Asphalt Shingle
Exterior Finish
Vinyl
Flooring
Laminate,Vinyl

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Garage & Parking

Garage
N
Details
---

Sales History

Demographic Data

Demographic data is based on the dissemination area that contains the listing parcel . Dissemination Areas are small areas composed of one or more neighbouring dissemination blocks. All of Canada is divided into dissemination areas. Data source: Environics Analytics via ArcGIS Online, 2021

Population Size

676

Median Age

52.1

Avg Household Size

2.3

Avg House Income

$100K

The number of people for each age range.

How the population of this area is expected to change.

The highest level of education obtained by people within this area.

The maritial status of the people in this area.

The average household income within this area.

The number of people that rent versus own.

When the buildings in the area were constructed.

The number of children at home for the given age ranges.

The occupations of the people living here.

Tax Assessment

Year Amount % Change
2024 $388,400 ---
2023 $295,500 ---
2022 $275,800 ---
2021 $256,900 ---
2020 $256,700 ---
2019 $256,700 ---
2018 $249,600 ---
2017 $244,800 ---
2016 $201,400 ---
2015 $195,600 ---
2014 $382,400 ---
2013 $185,200 ---
2012 $184,100 ---

Maps

Mortgage Inquiries

Last Updated On: 5/3/2025 12:42:48 PM (UTC)