9691 Main Street, Canning, NS (MLS® 202400955)

9691 Main Street, Canning, NS, B0P 1H0
$685,000 List Date: Jan. 16, 2024

Description

9691 Main Street, Canning, NS (MLS® 202400955): Only a few minutes walk to amenities, this well-established all inclusive 6-unit rental complex never sees a vacancy. There are 3 two-bedroom units and 3 one-bedroom units varying in size from 818 sq. ft to as large as 1,155 sq. ft. The total square footage of living space is approx. 5,565. All units are equipped with a fridge, stove, laundry facilities and ample parking. The property has been well maintained by the current owners over the last 13 years. Unit #3 has just had a new shower surround installed. New roof shingles were added in 2021. The property rests on 1.94 acres of land zoned C3, ESA and O1 and does have the potential of being subdivided to add more rental units to a developer’s portfolio. This listing is complete with accompanying documents. At this list price, the cap rate is 6.61%. The property is heated electrically with baseboard heaters throughout.

Directions: From Highway 101 take exit 11, turn North on Highway 358 and continue for 11kms (10 mins) to intersection of 358 & Main

Listing Courtesy of: Royal LePage Atlantic (New Minas)

Inclusions/Exclusions

Inclusions: Fridge & Stove x 5, Washer & Dryers x6

Exclusions: Fridge and stove in unit 5

Address

  • Address: 9691 Main Street
  • City: Canning
  • Province: NS
  • Postal Code: B0P 1H0
  • Country: Canada

Details

Last updated on 02-24-2024 8:09:03 p.m. (UTC)

  • PID: 55010086
  • List Price: $685,000

Land

  • Title To Land:
    Freehold

Community Features

  • Golf Course
  • Park
  • Playground
  • School Bus Service
  • Shopping
  • Place of Worship
  • Beach

Schools

TypeName
Elementary SchoolGlooscap Elementary School
Middle SchoolNortheast Kings Education Centre
High SchoolNortheast Kings Education Centre

Do you have questions about this listing?

CONTACT AGENT

  • Rob Lough
  • (902) 880-8595 (902) 700-5950 roblough@eastlink.ca

Inquire about this listing