7975 Hwy 7, Sherbrooke, Nova Scotia, B2H3S4, Sherbrooke, NS

$724,900
Est. Mortgage /mo

MLS® 202319847

$724,900
Est. Mortgage /mo
Agent photor
Dan Marusin
Renanza Realty
902-707-0266
Go See This Home Now
lot 5 sqft
0 sqft
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Crime
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Property details

This is your opportunity to become the new owners of a thriving family run business in the charming community of Sherbrooke. Nestled on a beautiful property, just walking distance to the St.Mary's River, historic Sherbrooke Village, and Market. Also being situated along the well travelled Highway 7, making this a business easily accessible and highly visible. This thriving business offers a 14 room motel building with a fully equipped 2 room licensed restaurant, 3 cabin rentals, and a large 2 bedroom guest house. The impeccably clean motel rooms are sure to impress, and highly sought after during the busy travel season, or during the many events and attractions in the small Sherbrooke and surrounding community. The restaurant is also a popular dining area among locals and those passing through the community. These buildings have been very well cared for over the years and show pride of ownership. Many recent upgrades have been done including, newer mattresses, metal roof on the guest house, painted throughout, TVs, bath fitter tubs, central air in the motel building and much more! This is your opportunity to take over and continue to grown this business and join the incredible community of Sherbrooke. Call today for more info! The possibilities are endless. Bonus! New steel roof will be installed on the motel / restaurant prior to closing. (id:26763)

Location Details
Area Canada
State Nova Scotia
City Sherbrooke
Postal Code B2H3S4
Property Metrics
Floor Area Total (Sq.ft) 0
Financial Details
List Price 724,900

Neighborhood Info

Private Schools
Elementary
Montessori School of Charlottetown
Above Average
150 km
No Rating
Details
Elementary
Montessori School of Charlottetown
Above Average
150 km
No Rating
Details
Closest Transit
Halifax
Lakeview Shopping Centre (8909)
111 km

The closest Elementary independent school to this home for sale located at 7975 Highway 7, Sherbrooke, Nova Scotia, B2H3S4 is Montessori School of Charlottetown with School's rating No Rating, located 150 km from this home.

The closest to this address 7975 Highway 7, Sherbrooke, Nova Scotia, B2H3S4 Secondary independent school is Montessori School of Charlottetown with School's rating No Rating, located 150 km km from this home

The freshest crime data from Statistics Canada are from 2020. There were 344 volation disturbances in this neighbourhood. The overall crime rate near the address - 7975 Highway 7, Sherbrooke, Nova Scotia, B2H3S4, Sherbrooke, NS is 5,125.91. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is 23.40%

Drug crime rate next to the listing for sale MLS® 202319847 is Low comparing to other neighbourhoods. The illegal substances offences rating is 44.7. This is the amount of drug crime incidents per 100,000 population. There were 3 illegal substances lawbreaking disturbances in this city in 2020. Year by year change in the illegal substances offences ranking is 0.00%

Property crimes in the neighbourhood close to real estate listing for sale 7975 Highway 7, Sherbrooke, Nova Scotia, B2H3S4 are Average. Property misconduct rating adjacent to MLS® 202319847 is 2,324.54. There were 156 in the neighbourhood in 2020. Year by year change in the property misconduct rate is 10.70%

There were 100 violent lawbreaking disorders in 2020. 1,490.09 and it is Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is 40.90%

The closest Bus station is Lakeview Shopping Centre (8909) in 111 km away from this listing with - MLS® 202319847.

9.1% of people with university certificate/degree live in this neighbourhood adjacent to the 7975 Highway 7, Sherbrooke, Nova Scotia, B2H3S4 which is Low in comparison with other BC neighbourhoods. 34.2% of population in this neighbourhood that is near the Listing MLS® 202319847 have no certificate or degree. This number is High compared to the average in BC.

Median Household Income near this dwelling with the address 7975 Highway 7, Sherbrooke, Nova Scotia, B2H3S4, Sherbrooke, NS is $49920 which is Low in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® 202319847 is $27666 which is Below Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 40.1% which is Low.

Unemployment rate in the area around MLS® Listing # 202319847 is 18.3 which is High in comparison to the other province neighbourhoods.

This real estate is located in 7975 Highway 7, Sherbrooke, Nova Scotia, B2H3S4 where population change between 2011 and 2016 was -5.1%. This is Low in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 7975 Highway 7, Sherbrooke, Nova Scotia, B2H3S4, Sherbrooke, NS is 1.2 which is Low people per sq.km.

Average size of families in the area adjacent to home for sale 7975 Highway 7, Sherbrooke, Nova Scotia, B2H3S4 is 2.5. This is Low number in comparison to the whole region. Percent of families with children near by the MLS® - MLS® 202319847 is 39.3% and it is Low. % of Married or living common law is around 63.5% and it is Above Average.

Average age of the population close to the 7975 Highway 7, Sherbrooke, Nova Scotia, B2H3S4 is 50.3 . This percentage is High in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 7975 Highway 7, Sherbrooke, Nova Scotia, B2H3S4, Sherbrooke, NS is $133289 and this is Low comparing to other areas in British Columbia

Average Owner payments are Low in the area adjacent to 7975 Highway 7, Sherbrooke, Nova Scotia, B2H3S4. $643 owners spent in average for the dwelling. Tenants are paying $691 in this district close to MLS® 202319847 and it is Low comparing to other cities.

9.6% of Population in this district near the 7975 Highway 7, Sherbrooke, Nova Scotia, B2H3S4 are Renters and it is Low comparing to other BC cities and areas.

% of English and French speakers around real estate listing 7975 Highway 7, Sherbrooke, Nova Scotia, B2H3S4, Sherbrooke, NS is 3.4%, it is Low, % of English speakers only is 96.4% and High. % of Neither English nor French speakers close to home for sale 7975 Highway 7, Sherbrooke, Nova Scotia, B2H3S4, Sherbrooke, NS is 0.2% and it is Low comparing to other BC cities.

1.2% of all population in the area around this property with the address 7975 Highway 7, Sherbrooke, Nova Scotia, B2H3S4, Sherbrooke, NS using Public Transport which is Low, 93.3% of using population are using Cars around MLS® 202319847, which is Above Average. 0% of people using Bicycles around the 7975 Highway 7, Sherbrooke, Nova Scotia, B2H3S4 and it is . 4.2% of population are walking which is Average

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Local Info

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Home Price
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Interest Rate
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/month
Principal & Interest
Property Taxes $202
Maintenance fee 0

Listing Price Comparision

This house $1,400,000
Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Agent photor
Dan Marusin
Renanza Realty
902-707-0266
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