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Active House for sale

19 Cow Bay Rd

Eastern Passage, NS · FSBO ID 580965

Property overview

4
Bedrooms
2.5
Bathrooms
1,850
Square Feet
4,000 sq ft
Lot Size
2 Storeys
Built in
1975
$5,000
Annual Taxes

Description

About this property

For Sale

2025 Gross Income - $155 076
2025 Operating Costs - $ 53 348
2025 NOI - $106 504
2025 Occupancy - 62%
2025 CAP Rate @ $829 900 - 12.8%
Operating Expense Ratio - 31%

Step into a proven, high-performing short-term rental business with exceptional returns. The Nordic Passage is a fully operational, commercially zoned STR that has been delivering strong cash flow, top guest ratings, and year-over-year income growth for two years running. Offered as a turnkey investment, this property comes fully furnished, branded, and optimized for continued success. Whether you're an experienced investor or entering the Nova Scotia market for the first time, this is a rare opportunity to acquire a one of Nova Scotia's top performing STR with immediate income and no ramp-up period. Highlights: Commercially zoned, professionally managed STR business; Fully furnished and equipped for seamless ownership transfer; CAP Rate 12.8% based on 2025 financials; Consistently strong occupancy and guest satisfaction; 157+ 5 star reviews; Modern design, efficient layout, and low operating costs; Suitable for self-management or third-party operation. This 4 bed, 2.5 bath retreat sleeps up to 10 and features a private Nordic Style Spa Experience - hot tub, 2 saunas, cold plunge and fire pit. Close proximity to beaches, trails, shops and many amenities. Property and business name "The Nordic Passage" included in sale along with socials, email and branding. HST may be applicable.

Detailed 2024 and 2025 financials available for serious inquires.

Roof: Asphalt Shingles

Exterior: Vinyl

Flooring: Vinyl, Ceramic Tile

Heating/Cooling: 3 Heat Pumps, Oil Hot Water Baseboards

Waterfront: No

Drinking Water: Municipal

Sewer: Municipal

Overview

Listing details

Property Type
House / Business / Detached House / Revenue Property
Ad Type
For Sale
FSBO ID
580965
Ownership
Freehold / Fee Simple
Parking
Driveway
Asking Price
$829,900

Area

Location

Address
19 Cow Bay Rd
Neighbourhood
Eastern Passage
City
Eastern Passage
Province / State
Nova Scotia
Postal / ZIP
B3G1A1
Country
Canada

Baths

Bathroom types

Bathroom 1
4pc Ensuite Bath
Bathroom 2
3pc Bathroom
Bathroom 3
2pc Bathroom

Photo gallery

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$829,900
19 Cow Bay Rd