About 71 Oceancrest Drive
Rare 1.3-Acre Property with Renovated Cottage and Development Potential A multitude of possibilities await with this rare 1.3-acre parcel featuring a newly renovated, cottage-style bungalow. Privately nestled among mature vegetation, this unique property offers a quiet, secluded feel—yet it's just steps from the recreation centre, the Savoy Theatre, and a short walk to the downtown core. The bungalow has been fully renovated inside and comes equipped with a newer fridge, stove, washer/dryer combo, and hot water heater. Currently rented at $1,390/month with the tenant paying all utilities, it presents an excellent turn-key investment opportunity. Formerly the site of the Devco mining office, the property benefits from upgraded in-ground water, sewer connections, with power connection available on site. Valuable infrastructure for future development. Zoned UR3, the site offers numerous possibilities including: A dream retirement home with a guest house or granny suite all ready on site A vacation rental or AirBnB A multi-unit development of up to 12 units Potential for duplexes or a larger family compound Its elevated terrain offers the potential for second-storey ocean views if building on the crest of the hill. Whether you're an investor, developer, or someone looking to create a private urban retreat, this versatile property is a rare opportunity in a prime location.
Features of 71 Oceancrest Drive
| MLS® # | 202517462 |
|---|---|
| Price | $229,000 |
| Bedrooms | 2 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 580 |
| Acres | 1.29 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Bungalow |
| Status | Active |
Community Information
| Address | 71 Oceancrest Drive |
|---|---|
| Area | Cape Breton |
| Subdivision | N/A |
| City | Glace Bay |
| County | Cape Breton |
| Province | NS |
| Postal Code | B1A 3T5 |
Amenities
| Utilities | Electric, Cable Connected, Electricity Connected, Phone Connected |
|---|---|
| Parking | No Garage, Dirt |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | High Speed Internet |
|---|---|
| Appliances | Stove, Washer/Dryer, Refrigerator |
| Heating | Baseboard |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Other |
Exterior
| Lot Description | 1 to 2.99 Acres, Cleared |
|---|---|
| Roof | Asphalt |
| Construction | Aluminum Siding |
| Foundation | None |
Additional Information
| Zoning | UR3 |
|---|
Listing Details
| Office | VALMAC REALTY LTD. - 16139 |
|---|