21045 Hwy 19 & Cabot Trail, Margaree Forks, (MLS® 202009062) RE/MAX nova

21045 Hwy 19 & Cabot Trail, Margaree Forks

0 0 25300 sqft
$1,400,000 For Sale

Description

Investment Opportunity right here in Cape Breton! Margaree Riverview Inn has welcoming guests since 1952 (formerly Margaree Lodge) with its original home of 1850 still standing(would make an amazing high-end restaurant or museum). Two paved drives lead to the glorious 42 acres, 32 units and a peaceful setting at the junction of Hwy 19 & the famous Cabot Trail in Nova Scotia. The third side (approx. 1 km) is flanked by the world-famous Atlantic salmon-fishing river. Manicured acres & wild fields limited only by your vision--fishing camp, horse riding, zip-lines, shooting arrows, playgrounds. The inn houses the reception & owners' residence plus 2 garages with high overhead doors, inn laundry & additional rental space. All units are continually being upgraded & can accommodate groups of 2 to 6 & more--all with private entrances. Each unit has microwave, fridge, flat screen satellite TV. Check out the outdoor pool & trampoline & the games house with darts, billiards, table tennis & fuzzball. Spectacular views in every direction. 10 min. from coast; 20 min/ from Cabot Links/Cabot Cliffs golf. A wise investment in NS's future with its many repeat customers.

Listing Details

Address
21045 Hwy 19 & Cabot Trail, Margaree Forks, B0E 2A0

Status
ACTIVE
Listing Price
$1,400,000
MLS®
202009062
Type
n/a
Style
---
Age
112
Square Footage (MLA)
25,300  ft2
Total Fin SqFt (TLA)
25,300  ft2
PID
50231034

Water
---
Sewer
---
Utilities
---

Building Specifications

Foundation Type
---
Roof
---
Exterior Finish
---
Flooring
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RE/MAX Commercial

Garage & Parking

Garage
Y
Details
Two in main building. Overhead doors; 7.5’ and 10’.

Inclusions & Exclusions

Inclusions
All unit furnishings, TVs, appliances, linens etc. Ride-on lawn mower. Games house amenities. Reception furnishings. Laundry appliances and equipment. Full list available upon request to qualified buyer.
Exclusions
ATV. Two vehicles of the owner. Personal belongings and furnishings.

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, 2017

Population Size

293

Median Age

56.6

Avg Household Size

2.3

Avg House Income

$83K

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
2021 $433,000 ---
2020 $424,600 ---
2019 $414,800 ---
2018 $404,700 ---
2017 $391,100 ---
2016 $369,000 ---
2015 $369,000 ---
2014 $357,100 ---
2013 $357,100 ---
2012 $359,500 ---

Maps

Last Updated On: 7/30/2021 3:14:20 PM (UTC)