53 Farnham Road, Bible Hill, Nova Scotia B2N 2X6

Listed for:
$649,000
0 beds
0 baths
Listed 230 days ago
53 Farnham Road, Bible Hill, Nova Scotia B2N 2X6

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Listing provided by:
Engel & Volkers
MLS® number:
202316145
Agent:
Jennifer O'neil
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About

Main Street to Farnham Road, property on the left. Opportunity! Opportunity! Opportunity! This well established 4.5 -star Bed and Breakfast is ideally located minutes to downtown Truro and the Dalhousie University Agricultural Campus. With over 5000 sq ft of meticulously kept living space this is an opportunity to maximize profits with long- and short-term rentals. The separate apartment is self contained and could be increased to 4 bedrooms or do the work to increase this to two apartments. The main house offers an excellent opportunity to run as an Airbnb with 5 suites and the possibility of adding a 6th suite as there is a shared area that has a full washroom. With nightly rentals in the area fetching $149+ per night and 2-bedroom apartments $1900+ per month the numbers work! Most furnishings are included so you can begin making profit right away. If you are looking to keep it as a B&B the owners are willing to stay on to train & support when buying this property. (id:27476)

Property Highlights

Type
Cooling type
Heat Pump
Heating fuel
Fireplace
No
Construction material
Parking space
Ownership Type
Freehold
Amenities nearby

Location

Summary

This charming property is a Freehold, 4.5-star Bed and Breakfast situated on the outskirts of the rapidly expanding town of Truro. Boasting a meticulously maintained building, the property features 4 spacious and well-appointed guest suites, each with its own ensuite bathroom, as well as an owner suite, a separate 2-bedroom apartment, and a delightful garden room with a cozy fireplace. Additionally, there is a large kitchen dining area for hosting guests, and a sizable extension built in 2001 that offers various possibilities, such as a bakery, restaurant, or space for one or two additional apartments.

Outside, the property offers a private garden with a new deck and stone patio, as well as flower beds and an outdoor pool with a picturesque view of the countryside. This turnkey operation is conveniently located just minutes from downtown Truro, the Dalhousie University Agricultural Campus, and the Truro Horse Raceway. Furthermore, it is only 30 minutes from the airport, skiing, Tidal Bore rafting, and an hour to Dartmouth and Halifax. The property presents a fantastic opportunity for a lifestyle change, business venture, or the potential to expand to meet the growing rental demands or student housing needs. The seller is also willing to provide training and support to the new owners in the initial stages.

For those interested in purchasing, this property is currently on the market and offers a land size of 0.6772 acres. It is located at 53 Farnham Road in the city of Bible Hill, Nova Scotia, with the postal code B2N2X6. Additionally, the property features a cooling type of Heat Pump.