476 Townsend Street, Sydney, (MLS® 202525565) REMAX NOVA
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476 Townsend Street, Sydney

$449,000 For Sale

Description

Investment opportunity on Townsend Street, 5-unit income property | $449,000. Discover a prime investment in the heart of Sydney, Cape Breton! This 5-unit residential property is ideally located on Townsend Street, offering steady rental income and excellent long-term potential. Tenants are responsible for their own electricity, keeping operating expenses lower for the owner. This property is a perfect addition to any real estate portfolio, offering stable cash flow in a growing market. Conveniently located near downtown amenities, schools, and bus routes, it appeals to a wide range of renters. Whether you’re an experienced investor or just getting started, this property offers a solid return and future appreciation potential.

Listing Details

Address
476 Townsend Street, Sydney, B1P 5G6

Status
ACTIVE
Listing Price
$449,000
MLS®
202525565
Type
n/a
Style
---
Age
55
PID
15107808

Water
Municipal
Sewer
Municipal
Utilities
---

Building Specifications

Foundation Type
Concrete
Roof
Asphalt Shingle
Exterior Finish
Vinyl
Flooring
Laminate

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Garage & Parking

Garage
N
Details
---

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

553

Median Age

38.4

Avg Household Size

2.2

Avg House Income

$61K

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 $160,000 ---
2023 $150,800 ---
2022 $137,700 ---
2021 $135,000 ---
2020 $129,000 ---
2019 $126,000 ---
2018 $122,000 ---
2017 $123,300 ---
2016 $111,000 ---
2015 $99,900 ---
2014 $163,200 ---
2013 $78,800 ---
2012 $78,700 ---

Maps

Mortgage Inquiries

Last Updated On: 10/10/2025 12:30:12 PM (UTC)