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Apartment For Sale

$1,599,000

47 Riverview Drive

MLS® Number: 202521317

Land Size

10.167

Year Built

2002

About This Property

Welcome to Roseway River Cottages, where the options are endless. This turnkey property has great income potential, whether operating under the current business model or as multiple housing units. Nestled among the trees just one km outside the Town of Shelburne off Highway 103, this property is secluded, private, and serene. Perched above the Roseway River, five cottages and the newly added (2022) 800 sq. ft. geodome provide both short and long-term accommodations to business and leisure travellers. The property also includes a separate single-dwelling home called the Roseway House, which could be used as a rental or home for the businessowner. It has three bedrooms, one-and-a -half baths, an open concept kitchen, dining and living room area and a semi-finished basement. The house is furnished, newly sided and has an adjacent single-car garage. The five cottages are all 480 sq. ft. with covered decks and new (2020) metal roofing. Each cottage is equipped with a kitchen, living space, four-piece bath and two bedrooms (except one which is an accessible one-bedroom). The property also has an office with a private laundry and tool shed. There is room for expansion on the nine-acre property. The current owner has added a new third-party online booking system, which provides maximum marketing exposure. There are new kitchens in the five cottages and three new bathrooms. This property has been featured on television commercials, municipal marketing campaigns, and national television including Country House Hunters Canada. A list of improvements to the property is available upon request. The Roseway River Cottages(PID 80111461) can be purchased without the house (PID 80111420& 82572488).

Property Details

Interior Details

Appliances

Washer, Refrigerator, Water purifier, Water softener, Range, Dryer

Basement

Crawl space

Flooring

Laminate, Vinyl

Building & Exterior

Exterior Features

Vinyl, Wood siding

Foundation Details

Concrete Perimeter

Parking Features

Paved Yard, Gravel

Year Built

2002

Land & Location

City Region

Lower Ohio

Community Features

School Bus

Lot Size Area

10.167 acres

Lot Size Dimensions

10.167

Parcel Number

80111461

Postal Code

B0T1W0

Listing & Financials

Listing Office

Keller Williams Select Realty (Shelburne)

Originating System Name

Nova Scotia Association of REALTORS®

Other Specifications

Common Interest

Freehold

Country

Canada

Waterfront Features

Waterfront on river

Mortgage Calculator

20% ($319,800)
5.5%
25 Years

Estimated Monthly Payment

$7,855

Principal and interest only. Actual rates may vary.

Location & Map

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