About this home

Looking for an investment property with instant return and huge potential? Consider 1542 Canaan Road, situated on the Tusket River, and only 20 minutes from the Town of Yarmouth. This is a unique situation. Unique, because the sellers will retain a Life interest, and remain in the main home as long as their health allows. Unique, because they will pay rent, be responsible for utilities, and be caretakers of the property. Unique, because the new owners will be able to develop several acres which includes road-side frontage and an off-grid cabin. Currently, the main residence is one-level 1280 sq. ft. home is mere feet from the beautiful Tusket River, and is surrounded by 66 acres of forest. This is a private setting with engaging seasonal views. A full solar system with both propane and gas generators for backup supports off-grid living. This attractive home is fully wired and has all the electrical options needed, including high-speed Fibre Internet. It is easy to heat with multiple heating services, including in-floor heating, a cozy wood stove, and a wall-unit propane heater. The property includes a one-room, insulated and furnished off-grid cabin in the forest only .5 km away from the primary residence via an old logging road. It would be easy to expand and remodel for year-round use. As it has its own PID, the cabin and this 17 acres could even be sold. Also the new owner can arrange to spend vacations at this special place. If you want to buy a unique investment property with built-in tenants-caretakers, or to secure a gift for your children, or even to buy a retirement home, this property may be the right fit for you. More information and a video with aerial footage and inside photos is available. (id:63626)

Listed by: Mike Randall, The Real Estate Store

Home facts and features

Price details

List Price

$599,900

Home facts

Bedrooms

Full Bathrooms

Parking Details

Garage, Carport, Attached Garage, Gravel

Property Type

Recreational

Year Built

Built in 2003 (23 yrs old)

Title

Freehold

Style

CottageCamp

Exterior Finish

Wood siding

Heating Type

In Floor Heating, Space Heater, Hot Water

Features

Generator, Recreational, Treed

Amenities

32in min Entry Doorways, Entry less than 3 steps

Appliances

Range - Gas, Refrigerator, Washer

Agent details

Primary Agent

Mike Randall

Primary Broker

The Real Estate Store

Listing details

Days on REW

6 Days

MLS® Number

202614571

Source

Canadian Real Estate Association

Board

Nova Scotia Association of REALTORS®

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Property Insights

Schools nearby

10 Schools are within 148km

Blacks Harbour School

n/a
K - 5
In Catchment

Island View School

n/a
K - 5
In Catchment

Seaside Park Elementary School

n/a
K - 5
In Catchment

Beaconsfield Middle School

n/a
6 - 8
In Catchment

Barnhill Memorial School

n/a
6 - 8
In Catchment

Saint Rose School

n/a
K - 5
In Catchment

Harbour View High School

n/a
9 - 12
In Catchment

St. John The Baptist/King Edward School

n/a
K - 8
In Catchment

Saint John High School

n/a
9 - 12
In Catchment

St. Malachy's Memorial High School

n/a
9 - 12
In Catchment

1542 Canaan RoadCanaan, NS, B0W 3M0