For Sale · Multifamily

4039 & 4041 Sissiboo Road, South Range

4039 & 4041 Sissiboo Road, South Range, NS B0W1H0

$1.3M total

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Asset Class

Multifamily

Size

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Building class

A

Zoning

RF6 — Medium Density

$ / SF

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Occupancy

82%

Year Built

2010

Lot Size

8.8 ac

About this property

This exceptional 8.8 acre waterfront property blends relaxed bespoke lifestyle vibes alongside outstanding income potential. Tucked away from the road and surrounded by extensive landscaping, this private estate features a custom chalet style home, a fully self-contained in-law suite, and a separate waterfront cabin offering incredible possibilities for multi-generational living, short-term rentals, or supplemental income. The striking main home is designed to embrace its waterfront setting, with vaulted ceilings, exposed beams, expansive windows, and inviting living spaces that make the most of the spectacular west facing views. The self-contained suite above the garage provides comfortable independent space with a separate entrance, while the charming waterfront cabin with private covered deck is the perfect retreat for guests or a highly desirable vacation rental. Whether you're looking to offset your expenses, create a family compound, or invest in a property with unlimited potential, this unique offering delivers flexibility without compromising privacy or lifestyle. Spend your days enjoying the water, entertaining, or simply relaxing in the peaceful surroundings all just a short drive from the amenities of charming Digby. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.30M
Down payment30% · $390K
Interest rate6.25%
Amortization25 years
Occupancy82%
Expense growth2.5%

Monthly debt service

$6K

Projected NOI

$40K

Annual cash flow

$-32K

Cash-on-cash

-8.31%

DSCR

0.55

Going-in cap

3.05%

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.

Area demographics

Trade area within 3 miles of the property.

Population

94,911

Households

37,649

Median income

$65,500

Median age

39.4

Daytime population

103,285

5-yr growth

7.3%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 4039 & 4041 Sissiboo Road, South Range.

NDA required
  • 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.