Unlock a Premier Investment Opportunity in Sydney's Historic North End! Are you looking to expand your investment portfolio with a property that combines historical charm and modern upgrades? Look no further than this exceptional six-unit building located in the desirable North End of Sydney. This property presents a rare opportunity for investors seeking to capitalize on a thriving rental market. Prime Location: Nestled in the heart of Sydney’s Historic North End, this building is surrounded by vibrant amenities, cultural attractions, and convenient transport options. Its location not only appeals to tenants but also promises long-term appreciation in value. Over the years, this building has undergone numerous updates, ensuring that each unit is in excellent condition. Three of the units have been fully renovated, featuring modern finishes and efficient heat pump systems for year-round comfort. This enhances tenant appeal and guarantees consistent rental income. Strong Rental Demand: The North End is known for its attractive lifestyle, making it a hotspot for renters. With a mix of young professionals and families drawn to the area, you can expect high occupancy rates and the potential for rental growth. Opportunity for Additional Value: While three units are already fully renovated, the other three provide an excellent opportunity for further improvements. Investing in these units can significantly increase their rental potential, allowing you to maximize your return on investment. Stable Income Potential The six-unit setup provides a diversified income stream, reducing risks typically associated with single-family rentals. This building offers a blend of established and newly improved units, catering to a wide array of potential tenants.
For sale
C$799,000
55 Charlotte St, Cape Breton, NS B1P 1B8
--beds
--baths
--sqft
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
Modern finishesEfficient heat pump systems
- 18 days
- on Zillow |
- 79 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: July 25, 2025 at 12:07pm
Listed by:
Valarie Sampson,
RE/MAX Park Place Inc. Brokerage
Source: NSAR,MLS®#: 202518778
Originating MLS®#: Nova Scotia Association of REALTORS®

Travel times
Facts & features
Interior
Heating
- Baseboard, Furnace, Heat Pump, Heat Pump -Ductless
Cooling
- Air Conditioning
Appliances
- Included: Electric Range, Dryer, Washer, Refrigerator, Stove
- Laundry: Laundry
Features
- Flooring: Hardwood, Laminate, Vinyl, Other
- Basement: Full
Property
Parking
- Parking features: Gravel, Parking Spaces(s), Parking
- Details: Parking Details(Parking Lot In Back/Street Parking)
Features
- Stories: 3
Lot
- Size: 3,066.62 Square Feet
- Features: Under 0.5 Acres, Near Public Transit
Details
- Additional parcels included: 15845399
- Parcel number: 15054745
- Zoning: UR3
- Other equipment: Furnace Rented
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Stone, Other
- Roof: Asphalt
Utilities & green energy
- Gas: Oil
- Sewer: Municipal
- Water: Municipal
- Utilities for property: Electricity Connected
Community & HOA
Community
- Features: Park, Playground, Recreation Center, Shopping, Marina, Place of Worship
Location
- Region: Cape Breton
Financial & listing details
- Price range: C$799K - C$799K
- Date on market: 7/25/2025
- Ownership: Freehold
- Total actual rent: 79878
- Electric utility on property: Yes
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