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2952 Highway 395
homes for sale · East Lake Ainslie
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$249,000

2952 Highway 395

East Lake Ainslie · MLS® 202614376

21

768 sq ft · 3 sq ft lot · House · Single Family · built 1981 · 132 days on market

listed by Sherry MacLeod, Cape Breton Realty

realtor's description

Looking for a summer getaway with income potential? This exceptional East Lake Ainslie property offers the perfect blend of lifestyle and investment opportunity. Set in one of Cape Breton's most scenic locations, the property features three separate accommodations currently operating as successful Airbnb rentals, allowing you to enjoy your own retreat while generating income to help offset ownership costs. The main home offers comfortable living space along with a spacious 15' x 13' enclosed deck, perfect for relaxing and taking in the beautiful surroundings. Complementing the main residence are two charming cottages: a two-bedroom cottage of approximately 700 square feet and a one-bedroom cottage of approximately 430 square feet, providing excellent flexibility for guests, extended family, or rental income. Ideally located near the Lake Ainslie public beach, golf courses, the Cabot Trail, Baddeck, and many of Cape Breton's most popular attractions, this property is perfectly positioned for both personal enjoyment and tourism appeal. Whether you're seeking a family compound, seasonal retreat, or income-producing investment, this unique property offers endless possibilities. It's an ideal setting for siblings or multiple families looking to create a shared summer escape where children, cousins, and friends can gather to make lasting memories for years to come. Numerous updates have already been completed, making this a move-in-ready opportunity. Come experience everything this special property has to offer.

property details

type
House, Single Family
bedrooms
2
bathrooms
1
living area
768 sq ft
lot
3 sq ft
parking
0
year built
1981
days on market
132
MLS®
202614376

features

  • Treed
  • Recreational
  • School Bus
  • Washer
  • Refrigerator
  • Range - Electric

monthly cost

$1,085/mo
Mortgage $1,085

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment
$1,085/ monthly
loan $199,200
25-year amortization
total interest
$126,261
cash to close
$49,800
down payment; transfer tax and fees not included
total paid
$325,461

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

East Lake AinslieGoogle Maps ↗

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listed by
Sherry MacLeod
Cape Breton Realty
call Sherry · 902-227-7533
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similar homes nearby

location

East Lake AinslieGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

nothing comparable on the market right now.