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Residential Income For Sale

0.21 Acre - 53-55-57 Forrest Street, Sydney Mines, NS B1V 2B2

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Property Description

Investor Alert! Whether you’re just starting your rental portfolio or expanding it, this income-producing triplex in a great Sydney Mines location is one to consider. The building offers two one-bedroom units both on the upper level, and a spacious three-bedroom, two-bathroom unit on the lower level, which has been recently updated with newer bathroom flooring, a refreshed vanity/sink, and was updated with some mudding and paint. This apartment is clean, fresh and move in ready for the next tenants! The property has also seen significant exterior improvements, including partial roof replacement, all-newer siding with level wall insulation, and a new back stairway and patio completed, all done in October 2025. A sump pump is in place in the basement for added peace of mind. Each unit is separately metered, with tenants paying their own heat and electricity. The owner currently pays water and property taxes. The basement offers a designated laundry area, ideal for installing coin-operated machines to generate additional income. A few minor renovations and exterior clean-up items are still in progress. Conveniently located right behind the police station, this property presents a strong investment opportunity with excellent rental potential. A promising addition to any investment portfolio!

Virtual Tour
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Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 202528551
Price : C$179000
Bedrooms : 5
Lot Area : 0.21 Acre
Status : Active
Listing Status : ACTIVE
Property Sub Type : Triplex
Roof : Asphalt
Features
Heating System : Baseboard
Basement : Unfinished
Parking : Dirt
Utilities : Electricity Connected
Sewer : Municipal
Flooring : Vinyl, Laminate
Appliances
Appliances : Refrigerator, Stove
Address Map
Location Text : 53-55-57 Forrest Street, Sydney Mines, NS B1V 2B2
County : Cape Breton
City : Sydney Mines
Postal Code : B1V 2B2
Street : Forrest
Street Number : 53-55-57
Street Suffix : Street
Longitude : W61° 46' 3.6''
Latitude : N46° 14' 29''
Directions : Head northeast on NS-125 W, Continue onto Main St, Turn right onto Forrest St, Turn left onto Butt St, then Turn right onto Forrest St, property on the left look for sign.
Mls Area Major : 205-North Sydney
Zoning : UR2
Property Details
Price Per SQFT : $ 0
Search Price : $ 0
Office Name : EXP Realty of Canada Inc.
Agent Name : Courtney Giacomini
Sales History
Previous Price : $ 0
Original Price : $ 0
Selling Price : $ 0
Neighborhood Details
:
Additional Information
Water Source : Municipal
Virtual Tour : https://youtu.be/w7o93ppu3mk
Number Of Units Total : 3
Lot Features : Under 0.5 Acres
Foundation Details : Block, Concrete Perimeter
Construction Materials : Vinyl Siding
Community Features : School Bus Service, Shopping, Near Public Transport
Listing Information
List Agent Mls Id : NS22714
List Office Mls Id : N19025
Mls Status : ACTIVE
Modification Timestamp : 2025-11-26T02:57:14Z
Originating System Name : NSAR
Residential Income For Sale
  • Listing ID : 202528551
  • Bedrooms : 5
  • Lot Area : 0.21 Acre
  • Visits : 1
C$179000
Agent info
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