40 Dogwood Lane, Martins Point, (MLS® 202424003) RE/MAX nova
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40 Dogwood Lane, Martins Point

0 0 0 sqft
$625,000 For Sale

Description

If you are a real estate investor or a vacation rental owner looking for the perfect addition to your portfolio, consider 40,42 and 44 Dogwood Lane in Martins Point, Nova Scotia. This newly constructed triplex is situated on a 1.5 acre property just a few minutes away from Oak Island and the popular family diner, the Island View Canteen, Mahone Bay and Chester. This property is well-suited for two growing sectors in the real estate industry: addressing the housing shortage and catering to the tourism industry. The Government of Nova Scotia forecasts a need for 71,600 units by 2027 to alleviate the housing problem, while the accommodation sector experienced a 14% increase in visitors in 2023. These statistics emphasize that this property presents a strong investment opportunity. 40, 42, and 44 Dogwood Lane are built with high-quality craftsmanship and pride. Each unit features a modern kitchen, spacious living areas, large windows that allow ample natural light, two beds in two units, and one spacious bed in one unit. Additionally, each unit is equipped with radiant floor heating with individual boilers. This property is nestled in a mature garden, offering tranquility and serenity, making it suitable for both vacation rentals and long-term rental business. This turnkey property comes with all necessary permits for business operations already in place, allowing you to focus solely on acquiring the property. It's rare to find a versatile, brand-new triplex property like this, perfect for either entering the tourism industry or expanding your rental portfolio. Don't miss out on this opportunity – call your agent now and secure this brand-new property before someone else does. A brand new triplex building is a rare find!

Listing Details

Address
40 Dogwood Lane, Martins Point, B0J 2E0

Status
ACTIVE
Listing Price
$625,000
MLS®
202424003
Type
n/a
Style
---
Age
1
PID
60728482

Water
Drilled Well
Sewer
Septic
Utilities
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Building Specifications

Foundation Type
Concrete
Roof
Asphalt Shingle
Exterior Finish
Vinyl
Flooring
Laminate,Vinyl Plank

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Virtual Tour

Garage & Parking

Garage
N
Details
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Inclusions & Exclusions

Inclusions
appliances

Sales History

Demographic Data

Demographic data is based on the dissemination area that contains the listing parcel . Dissemination Areas are small areas composed of one or more neighbouring dissemination blocks. All of Canada is divided into dissemination areas. Data source: Environics Analytics via ArcGIS Online, 2021

Population Size

890

Median Age

50.9

Avg Household Size

2.3

Avg House Income

$59K

The number of people for each age range.

How the population of this area is expected to change.

The highest level of education obtained by people within this area.

The maritial status of the people in this area.

The average household income within this area.

The number of people that rent versus own.

When the buildings in the area were constructed.

The number of children at home for the given age ranges.

The occupations of the people living here.

Tax Assessment

Year Amount % Change
2024 $297,300 ---

Maps

Mortgage Inquiries

Last Updated On: 10/4/2024 9:13:39 PM (UTC)