Turnkey 10-unit investment opportunity in the heart of Chéticamp along the iconic Cabot Trail. This fully renovated and expanded multi-building property (2021–2022) offers a rare combination of modern construction, strong income potential, and long-term upside in one of Cape Breton’s 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.
Cabot Trail
Listing Sub-Area:
306-Inverness County / Inverness & Area
Property Type:
Multi-Family
Multi-Family Type:
9 - 12 Unit
Title To Land:
Freehold
Building Dimenions:
66' x 36'
Lot Size:
0.69 acre(s)0.28 hectare(s)
Prop Size:
0.5 to 0.99 Acres
# of Rental Units / Occupied:
10
Year built:
1995
(Age: 31)
Age:
31
Exterior Finish:
Vinyl
Foundation:
Concrete
Basement:
None
Floor Finish:
Ceramic, Vinyl Plank
Roof:
Metal
Heating:
Baseboard, Heat Pump -Ducted, Hot Water
Fuel:
Electric
Garage Description:
attached
Parking:
Yes
Parking Description:
Paved Asphalt, Painted Parking stalls
Driveway:
Parking Spaces(s), Paved
Water Supply:
Municipal
Sewer:
Municipal
Num Units:
10
Num 1 Bed Units:
4
Num 2 Bed Units:
6
# Of Dishwashers:
10
# Of Dryers:
10
# Of Fridges:
10
# Of Microwaves:
10
# Of Stoves:
10
# Of Washers:
10
Rental Income:
Yes
Balcony, Elevator, Ensuite Bath, Laundry, Multi-Use Rooms
Beach, Golf Course, Park, Playground, School Bus Service, Place of Worship
Range, Dishwasher, Dryer, Washer, Microwave, Refrigerator, Water Softener