ScotianAtlas
MapFOR SALE · 50DMLS® 202617678 · PID 15227614

1400 Grand Lake Road

2 Storey
$259,000
BEDS · BATHS3 · 2.5SQUARE FEET2,121$ / SQFT$122ASSESSED 2026$237,200
LISTED BYJennifer Foley · 3% Realty Nova Scotia
1WHAT IT ISPHOTOS AND THE FACTS THAT DECIDE
PHOTOSMLS® MEDIA © LISTING BROKERAGE
THE PHYSICAL RECORDMLS® + PVSC
Beds3
Baths2.5
Living area2,121 sqft
Lot4 acres
Built1953
Style2 Storey
$ / sqft$122
ABOUT THIS HOMETHE LISTING BROKERAGE’S OWN WORDS

Rare real estate gem bridging the gap between a peaceful home base and a high yield investment asset, sitting on a sprawling 4 acre lot just minutes from Cape Breton University. This versatile property features 3 spacious bedrooms and 2.5 bathroom layout inside, while the exterior features a handy storage shed, and a long paved driveway offering smooth access and plenty of parking. For growing families, the home offers a private, landscaped lot with endless room for children to play, all while keeping school routes, grocery stores, and daily essentials at your fingertips. Strategic investors will love the immediate proximity to CBU guaranteeing a high demand rental market alongside a massive 4 acre footprint providing incredible long term potential for future development. Don't miss out on this unique opportunity on Grand Lake Road!

2WHAT IT IS WORTHGOVERNMENT RECORD · 5 YEARS · NO ESTIMATE
ASSESSMENT RECORDPVSC · 2022–2026 · GOVERNMENT RECORD, NOT AN ESTIMATE
2022$146,4002023$156,0002024$193,9002025$212,0002026$237,200

Five most recent assessment years held — the full depth of the published PVSC roll. Nothing is withheld by tier here: no account or membership opens a longer series.

HISTORYMLS® EVENTS FROM 2026
JUL 16 2026Listed for sale$259,000MLS® 202617678
VALUE & TAXESPVSC · GOVERNMENT RECORD
Assessed market · 2026$237,200
Taxable (capped)$107,800
Cap shelter+$129,400
Est. property tax · 2026$1,719/yr

Taxed on $107,800 of a $237,200 assessment$129,400 sheltered by the NS assessment cap, at $1.595 per $100.

ASSESSMENT IN CONTEXTPVSC · GOVERNMENT RECORD
Grand Lake Road median · 2026$141,250
This property$237,200 — between the median and the 75th percentile
Change 2025 → 2026+$25,200 (+11.9%)

2026 assessments in Grand Lake Road run $5,110 to $429,100 (10th–90th percentile, 722 properties). Position within the distribution is a fact of the roll, not an opinion of value.

3WHAT IT COSTS TO OWNARITHMETIC ON PUBLISHED RATES — NOT A QUOTE
OWNING THIS HOME · 20% DOWN · 5% · 25 YRCOMPUTED FROM GOVERNMENT RECORDS · NOT A VALUATION
MONTHLY, ALL IN$1,520MORTGAGE $1,205 · TAX $315/MO
TAX, YEAR ONE$3,782+$2,063 — THE CAP RESETS
CASH TO CLOSE$55,685DOWN $51,800 · DTT $3,885

ARITHMETIC ON PUBLISHED RATES — NOT A QUOTE, NOT ADVICE · LEGAL FEES AND ADJUSTMENTS ARE EXTRA AND NOT ON RECORD · SNS DEED-TRANSFER LIST JULY 2026

Listed by Jennifer Foley · 3% Realty Nova Scotia · MLS® data © Nova Scotia Association of REALTORS®.NOTHING HERE IS PAID PLACEMENT

https://www.scotianatlas.com/listing/202617678 · Retrieved Sep 4, 2026 · NOT A LEGAL SURVEY