Property Attributes
- ID#202616345
- TypeSingle Family
- Listing Status Active
- MunicipalityAnnapolis Royal
- CityAnnapolis Royal
- AreaAnnapolis Royal
- NeighbourhoodAnnapolis Royal
- Postal CodeB0S 1A0
- Style
- Year Built1876
- Price$ 847,000
- Bedrooms7
- Bathrooms5
- Half Bathrooms1
- Sqr Footage5505
- Lot Size0.5337 Acres
Data Source:
Canadian Real Estate Association (CREA)
Property Description
A unique five-unit income property in the heart of Annapolis Royal, offering flexibility for investors or owner-occupiers looking to offset living expenses with rental income. Fully occupied with an established rental history, the property includes a spacious three-bedroom residence plus four self-contained one-bedroom apartments. The four apartments are positioned separately toward the rear of the building, providing separation from the main residence. Updates have been completed throughout the units over time, including flooring and bathroom improvements. Furnishings may be included based on inventory attached to each lease. Established tenants, a history of low vacancy, strong revenue and low operating costs provide a solid foundation for continued rental income, with financial information available for review. The three-storey residence offers a custom kitchen with quartz countertops and near-new appliances, formal dining room, two living areas, renovated bathrooms, private owners laundry and generous storage. Original woodwork, maple floors, arched bay windows, 10-foot ceilings and a Victorian staircase add distinctive character. Additional features include seven ductless heat pumps, a generator panel, municipal water and sewer, separate coin-operated laundry for tenants, paved multi-unit parking and attached storage. Directly across from the Annapolis Royal Historic Gardens and just two blocks from the waterfront, shops, restaurants, galleries, museums, trails and amenities are all within walking distance. Whether youre seeking an established investment or a spacious home where four rental units can help offset expenses, this property offers income potential, flexibility and an exceptional central Annapolis Royal location. (id:7434)
General Features
| Features | Level, Gazebo, Sump Pump, Walk-In Closet |
|---|---|
| Community Features | Recreational Facilities, School Bus |
| Property Type | Single Family |
| CommunityName | Annapolis Royal |
| Amenities | Golf Course, Park, Playground, Public Transit, Shopping, Place of Worship, Beach |
| Building Appliances | Stove, Dishwasher, Dryer, Washer, Refrigerator, Water meter |
| Building Cooling Type | Air Conditioned, Wall unit |
| Location Description | From Hwy 101 take Exit 22 toward Trunk 8 to Lequille/Annapolis Royal to civic on right side. |
| Foundation Type | Poured Concrete, Stone |
| Building Type | House |
| Ownership Type | Freehold |
| Building.StoriesTotal | 3 |
Interior Features
| Building Fireplace Present | True |
|---|---|
| Building Heating Type | Heat Pump, Ductless, Hot Water |
| Building Heating Fuel | Electric, Propane |
| Basement Development | Unfinished |
| Basement Type | Full (Unfinished) |
| Construction Style Attachment | Detached |
| Flooring Type | Carpeted, Engineered hardwood, Hardwood, Linoleum, Vinyl Plank |
| Living Area Range | 5505 |
| Bedrooms | 7 |
Exterior Features
| Structure | Shed |
|---|---|
| Land Amenities | Golf Course, Park, Playground, Public Transit, Shopping, Place of Worship, Beach |
| Landscape Features | Landscaped |
| Sewer | Municipal sewage system |
| Exterior Finish | Wood siding |
Room Details
| Room | Dimensions | Level | Flooring | Details |
|---|---|---|---|---|
| 2pc Bathroom | (Unit 1) 4.3 x 4.9 | Main level | ||
| 4pc Bathroom | (Unit 6) 7.5 x 4.11 | Main level | ||
| Bath (# pieces 1-6) | (Unit 6) 7.5 x 4.11 | Main level | ||
| Bedroom | (Unit 6) 11 x 11.5 | Main level | ||
| Dining room | (Unit 1) 18 x 12.9 | Main level | ||
| Family room | (Unit 1) 18.5 x 19.10 | Second level | ||
| Foyer | (Unit 1) 10.6 x 21.1 | Main level | ||
| Kitchen | (Unit 6) 7.11 x 11.6 | Main level | ||
| Laundry room | 7.11 x 5.9 | Basement | ||
| Living room | (Unit 6) 9.11 x 16.7 | Main level | ||
| Primary Bedroom | (Unit 5) 13 x 11.9 | Third level | ||
| Storage | 26.5 x 9.11 + 36.3 x 35 | Basement |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in B0S 1A0
In The Neighbourhood
Annapolis Royal
$ 495,000
- Type
- Single Family
- Size
- 2,500 SqFt
- Rooms
- 3 Beds + 1.5 Baths
Annapolis Royal
$ 699,000
- Type
- Single Family
- Size
- 1,960 SqFt
- Rooms
- 3 Beds + 2.5 Baths