06/11/2026
OFF-MARKET 7-UNIT MULTIFAMILY FOR SALE — GLACE BAY, NS
Recently repositioned 7-unit multifamily property in Cape Breton, available off-market to qualified buyers.
Guide Price: $590,000
Price per door: ~$84.3k
Current gross rent: $5,250/month
Stabilized rent: $6,050/month
Occupancy: 6 of 7 units occupied
Upside: 1 vacant unit remaining for immediate lease-up
The property was acquired vacant and renovated unit-by-unit from October through June. Current rent roll is now in place, with one remaining unit creating additional upside.
Why it’s worth a look:
7 total units
Parking lot on site
Recently repositioned asset
Current income in place
Remaining lease-up upside
Rent optimization potential
Active small multifamily comps support stronger per-door pricing
Appraisal available to qualified buyers
Current active small multifamily comps in the area are showing roughly $549k–$590k, with many direct comps being 6-unit properties at approximately $91k–$98k per door. This offering is positioned at approximately $84.3k per door.
DM for the buyer package, financials, comp sheet, and full details.
Qualified buyers only. Buyer to verify all figures, rents, leases, expenses, and due diligence information.