House For Sale
in:
Eastern Passage,
NS
19 Cow Bay Rd
Licensed STR | $155K Gross | $106K NOI | 12.8% CAP
OPEN HOUSE
Buyer Agent Friendly
The owner is willing to negotiate commission with any real estate agent who brings an acceptable offer from a qualified buyer.
Bedrooms
Bathrooms
Square Feet
1975
Annual Taxes
Lot Size
Description
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