847 George Street, Sydney, (MLS® 202500955) RE/MAX nova
Google Play iOS Google Play iOS Google Play iOS

847 George Street, Sydney

4 2 1747 sqft
$289,900 For Sale

Description

Attention Investors! This student rental property generates a strong monthly income of $5355, making it an excellent investment opportunity. Located in the heart of Sydney, this 2-storey home offers ample space and a convenient layout for tenants. The main level has been reconfigured to accommodate student housing, with living and dining room converted into four bedrooms. A bright eat-in kitchen, and a 3-piece bathroom complete this level. The upper floor features an additional four bedrooms and a 4-piece bathroom, accommodating the needs of multiple tenants comfortably. Situated near the newly built NSCC Campus and Cape Breton Regional Hospital and is approximately a 15-minute drive to Cape Breton University, making it highly desirable for students. Its central location is conveniently on a bus route, offering easy access to amenities, shopping and restaurants. Don't miss this opportunity to own a strong-performing investment property.

Listing Details

Address
847 George Street, Sydney, B1P 1L8

Status
ACTIVE
Listing Price
$289,900
MLS®
202500955
Type
Single Family
Style
Detached
Square Footage (MLA)
1,747  ft2
Total Fin SqFt (TLA)
1,747  ft2
PID
15105083
Bedrooms
4
Full Baths
2
Half Baths
0

Water
Municipal
Sewer
Municipal
Utilities
Electricity,High Speed Internet

Building Specifications

Foundation Type
Other,Stone
Roof
Asphalt Shingle
Exterior Finish
Vinyl
Flooring
Hardwood,Vinyl

Looking for a Mortgage? Get Your Free Quote Started Today!

Rooms

LEVEL TYPE DIMENSIONS
Main Floor Kitchen 11'5x15'7
Main Floor Bedroom 12'2x10'5
Main Floor Bedroom 12'1x10'2
Main Floor Bedroom 11'6x8'3
Main Floor Bedroom 12'4x7'1
Main Floor Bath 1 6x5'5
2nd Level Bedroom 8x7'8
2nd Level Bedroom 11'9x12'7
2nd Level Bedroom 10'5x12'9
2nd Level Bedroom 13'1x8'8+jog
2nd Level Bath 2 8x7'2

Garage & Parking

Garage
N
Details
---

Inclusions & Exclusions

Exclusions
Tenants personal belongings

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

464

Median Age

51.3

Avg Household Size

1.9

Avg House Income

$79K

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 $200,300 ---
2023 $153,000 ---
2022 $137,300 ---
2021 $134,700 ---
2020 $133,800 ---
2019 $97,300 ---
2018 $93,700 ---
2017 $91,300 ---
2016 $91,500 ---
2015 $88,800 ---
2014 $174,800 ---
2013 $82,000 ---
2012 $77,700 ---

Maps

Mortgage Inquiries

Last Updated On: 1/18/2025 5:32:25 PM (UTC)