104 Intercolonial Street, Sydney, NS B1P 1S6
Cape Breton County
Key Facts
Description
Welcome to the heart of Downtown Sydney, where location and income potential come together seamlessly. Situated just a few blocks from all major amenities and conveniently positioned along a main bus route, this property offers exceptional accessibility for tenants and strong long-term rental appeal. Purposefully designed with student housing in mind, the building features an ideal layout with eight bedrooms, making it a turnkey investment opportunity. Currently, two rooms are occupied, while six will be vacant at closing allowing new owners the flexibility to set market rents and select their preferred tenants. The main level boasts a spacious eat-in kitchen, perfect for shared living, along with main floor laundry for added convenience. Two full bathrooms ensure comfort for multiple occupants. Extensively renovated in 2011, the property was fully gutted to the exterior walls and upgraded throughout the interior with modern finishes and systems. The exterior was also completely renovated in 2011, providing lasting curb appeal and peace of mind. All furniture and appliances are included in the sale, offering a seamless transition for the next owner. The current owner covers heat, lights, cable, internet, and phone, which adds further appeal for tenants seeking all-inclusive accommodations. Whether you're expanding your portfolio or entering the investment market, this fully furnished, income-generating property in Downtown Sydney is a rare opportunity not to be missed.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1941
Lot Size
0.10 acres
Parking Spaces
1
Ownership
Freehold
Zoning
UR3 - Medium Density Urba
MLS® Listing#
202602740
Property Features
Appliances
Heating
Flooring
Basement
Construction
Foundation
Roof
Other Structures
Sewer
Water Source
Financial Details
Assessed Value
CA$203,200
Parcel Number
15057979
Directions
From downtown Sydney/Esplanade: Turn onto Dorchester St. Turn left onto Intercolonial.
Affordability Calculator
$49,800
Estimated monthly payment
$1,325/mo
Principal $199,200 · Est. interest $277,902 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Sydney, NS
- CA$314,815
- Median Listing Price
- 50
- Median Days on Market
- 1,584
- Median Sq Ft
- CA$181
- Median Price / Sq Ft
- 226
- Active Listings
- This home’s price is 21% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Sydney, NS.
Location
Points of Interest in Sydney, NS
Showing the Sydney area map.
Nearby Schools
Centre for Distance Education
Secondary · 0.3 km away
Sydney Academy
School · 0.9 km away
Sydney Day Care Centre
Elementary · 1.5 km away
Brookland Elementary School
Elementary · 1.6 km away
Shipyard Elementary School
Elementary · 1.8 km away
Robin Foote Elementary School
Elementary · 1.9 km away
Harbourside Elementary School
Elementary · 2.0 km away
Whitney Pier Memorial JrHS
School · 2.1 km away
Cusack School
Elementary · 2.1 km away
Cape Breton Business College
Secondary School · 2.2 km away
Harbourview Montessori School
Elementary · 2.3 km away
Sherwood Park Education Centre
School · 2.5 km away
Learnability Cape Breton
Secondary · 2.6 km away
Malcolm Munroe Junior High
Elementary · 4.1 km away
Riverview Rural High School
Secondary · 4.5 km away
Coxheath Elementary School
Elementary · 4.8 km away
Nova Scotia Community College (Marconi Campus)
Secondary School · 7.9 km away
Hair Masters Salon & School
Secondary · 8.8 km away
Ferrisview Elementary School
Elementary · 9.3 km away
Munro Academy
School · 9.4 km away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 56 King Street, Sydney Mines, NS | CA$174,900 | 4 | — | — |
| 24 Highland Street, Sydney, NS | CA$175,000 | 3 | 2 | 1,368 |
| 24 Highland Street, Sydney, NS | CA$175,000 | 3 | 2 | 1,368 |
| 119 Victoria Road, Sydney, NS | CA$175,000 | 4 | 2 | 1,112 |
| 119 Victoria Road, Sydney, NS | CA$175,000 | 4 | 2 | 1,112 |
| 1017 George Street, Sydney, NS | CA$179,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Sydney
Listing Courtesy: Viewpoint Realty Services Inc. (Sydney)