











1/137 lot subdivision Regina Lane, Louisdale, NS B0E1K0
$310,000 total
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Asset Class
Land
Size
—
Building class
A
Zoning
UR — Urban Reserve
$ / SF
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Occupancy
97%
Lot Size
55.873 ac
Discover an exceptional opportunity to own this beautiful 7-lot subdivision, located in an attractive coastal setting in Lennox Passage, Nova Scotia, just outside Louisdale and moments before the bridge to Isle Madame. This newly established subdivision encompasses approximately 55 acres, with individual lot sizes ranging from approximately 2.3 to 33 acres. Each property is accessed by a newly established private road, Regina Lane, offering a peaceful and private setting surrounded by the natural beauty of the area. The rural zoning provides flexibility for a variety of uses, including single-family or multifamily residences, as well as vacation properties. There is no obligation to build and no restrictive covenants, providing buyers with the freedom to develop their property according to their own plans and timeline. For those seeking a stronger connection to the water, an optional right of way to the Atlantic Ocean may be granted to all seven properties through the directly adjacent development of Lennox Passage Estates. Adding to the appeal, the subdivision is located directly along the Fleur-de-lis Trail, offering convenient access to one of Cape Bretons scenic recreational routes. The properties are also well connected to the paved Highway 320, with easy access to Highway 104 and the communities of Port Hawkesbury and Sydney. Everyday amenities are close at hand, with restaurants, shops, and essential services in Louisdale just 23 minutes away. (id:66811)
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Monthly debt service
$1K
Projected NOI
$13K
Annual cash flow
$-4K
Cash-on-cash
-4.15%
DSCR
0.78
Going-in cap
4.30%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
122,772
Households
57,538
Median income
$128,500
Median age
36.8
Daytime population
116,575
5-yr growth
2.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 7 lot subdivision Regina Lane, Louisdale.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.