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16 Karl's Lane
203-Glace Bay Glace Bay B1A 6Y7

$1,100,000
Multi-Family built: 21

Aerial View
Photo 1: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
Photo 2: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
Photo 3: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
Photo 4: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
Photo 5: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
Photo 6: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
Photo 7: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
Photo 8: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
Photo 9: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
Photo 10: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
Photo 11: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
Photo 12: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
Photo 13: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
Photo 14: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
Photo 15: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
Photo 16: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
Photo 17: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
Photo 18: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
Photo 19: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
Photo 20: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
Photo 21: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
Photo 22: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
Photo 23: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
Photo 24: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
Photo 25: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
Photo 26: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
Photo 27: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
Photo 28: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
Photo 29: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
Photo 30: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
Photo 31: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
Photo 32: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
Photo 33: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
Photo 34: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
Photo 35: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
Photo 36: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
Photo 37: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
Photo 38: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
Photo 39: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
Photo 40: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
Photo 41: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
Photo 42: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
Photo 43: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
Status:
Pending
Prop. Type:
Multi-Family
MLS® Num:
202606295
Year Built:
21
Turnkey Duplex Portfolio in Glace Bay. Discover a rare opportunity to acquire a fully rented, meticulously maintained multi-unit property featuring six units across well-kept duplexes, all occupied by long-term senior tenants providing stable, consistent income from day one. Ideally located just minutes from Dominion Beach and Big Glace Bay Beach, this property offers strong investment fundamentals with coastal lifestyle appeal. The main unit at 16 Karls Street features an impressive 28’ x 30’ south-facing addition filled with natural light, a spacious family/gathering area with three oversized rooms, and a lower level 28’ x 30’ garage that has been newly spray-foam insulated and finished with a durable epoxy floor, ideal for storage, motorcycles, or ATVs. The property includes six paved driveways, offering the potential for per-bedroom rental to maximize cash flow, along with a bus stop directly across the street and convenient access to amenities including a short 13-minute drive to Cape Breton University. Recent upgrades include new front steps, decks, and landscaping for each unit, a shared firepit area, a fenced backyard at 16 Karls ideal for children and pets, and a concrete patio under the deck for additional outdoor living space. Each unit also benefits from its own dedicated storage space, while the main unit includes a new shed suitable for lawn equipment and tools. Located in a quiet, desirable coastal community, this property offers both lifestyle and long-term tenant appeal, making it an excellent opportunity for investors seeking a turnkey income property with upside potential or for buyers looking to offset ownership costs with reliable rental income.
Phalen Road to the end, turn left and watch for sign
Listing Sub-Area:
203-Glace Bay
Property Type:
Multi-Family
Multi-Family Type:
5 - 8 Unit
Title To Land:
Freehold
Building Dimenions:
28x28 and 28x56
Lot Size:
1.13 acre(s)
Prop Size:
1 to 2.99 Acres
# of Rental Units / Occupied:
6
Year built:
21 (Age: 2,005)
Age:
2005
# Floors:
1
Exterior Finish:
Vinyl
Foundation:
Concrete, Slab
Basement:
Crawl Space
Floor Finish:
Laminate, Linoleum
Roof:
Asphalt Shingle
Heating:
Baseboard
Fuel:
Electric
Garage Description:
a storage shed for each unit
Parking:
Yes
Parking Description:
paved
Driveway:
Multiple Driveways
Water Supply:
Municipal
Water And Sewage:
tenant
Sewer:
Municipal
Num Units:
6
Num 2 Bed Units:
6
# Of Fridges:
6
# Of Stoves:
6
Rental Income:
Yes, 100,800.00
Laundry Income:
0.00
Other Income:
0.00
Approx. Net Income:
74900.00
Insurance Expense:
6000.00 year
Taxes Costs:
13000.00
Other Costs:
2300 year for water (owner pay
Maintenace:
8000.0
Snow / Garbage Collection:
2600.00
Heating Bill:
tenant
Electricity Bill:
tenant
Approx. Total Expense:
25900.00
Approx. Total Income:
100,800.00
6 fridges and 6 stoves
Golf Course, Park, Playground, Public Transit, Recreation Center, School Bus Service, Shopping, Ski Hill, Marina, Place of Worship, Beach
Range, Refrigerator
None
Shed
No
Zoning:
UR2
Possession Info:
TBD
Elementary School:
Glace Bay Elementary School
High School:
Glace Bay High School
Middle School:
Oceanview Education Centre
Listed Date:
Days on Mkt:
  • Photo 1: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
    Aerial View
  • Photo 2: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
    Aerial View
  • Photo 3: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
    Front Of Structure
  • Photo 4: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
    Side Of Structure
  • Photo 5: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
    Yard
  • Photo 6: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
    Back Of Structure
  • Photo 7: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
    Back Of Structure
  • Photo 8: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
    Yard
  • Photo 9: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
    Back Of Structure
  • Photo 10: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
    Front Of Structure
  • Photo 11: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
    Yard
  • Photo 12: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
    Back Of Structure
  • Photo 13: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
    Back Of Structure
  • Photo 14: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
    Front Of Structure
  • Photo 15: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
    Entry
  • Photo 16: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
    Front Of Structure
  • Photo 17: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
    Front Of Structure
  • Photo 18: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
    Back Of Structure
  • Photo 19: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
    Out Buildings
  • Photo 20: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
    Back Of Structure
  • Photo 21: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
    Out Buildings
  • Photo 22: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
    Deck
  • Photo 23: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
    Deck
  • Photo 24: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
    Living Room
  • Photo 25: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
    Kitchen
  • Photo 26: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
    Kitchen
  • Photo 27: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
    Kitchen
  • Photo 28: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
    Dining Area
  • Photo 29: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
    Bedroom
  • Photo 30: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
    Bedroom
  • Photo 31: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
    Hallway
  • Photo 32: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
    Bedroom
  • Photo 33: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
    Bedroom
  • Photo 34: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
    Bedroom
  • Photo 35: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
    Bedroom
  • Photo 36: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
    Bedroom
  • Photo 37: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
    Basement
  • Photo 38: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
    Garage
  • Photo 39: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
    Aerial View
  • Photo 40: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
    Aerial View
  • Photo 41: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
    Aerial View
  • Photo 42: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
    Aerial View
  • Photo 43: 16 Karl's Lane in Glace Bay: 203-Glace Bay Multi-Family for sale (Cape Breton)  : MLS®# 202606295
    Aerial View
Listed by Viewpoint Realty Services Inc. (Sydney)
Data was last updated May 14, 2026 at 09:20 AM (UTC)
Area Statistics
Listings on market:
31
Avg list price:
$299,000
Min list price:
$74,900
Max list price:
$2,100,000
Avg days on market:
42
Min days on market:
6
Max days on market:
533
These statistics are generated based on the current listing's property type and located in Cape Breton. Average values are derived using median calculations. This data is not produced by the MLS® system.
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