$ 225,000

120-124 Colby Street, Sydney

Located in a highly sought after area of Sydney, this amazing investment opportunity awaits you; welcome to 120-124 Colby Street!! This fabulous duplex offers a pair of spacious units, both with 3 bedrooms and both consisting of a kitchen, living room, dining room, 3 bedrooms and a 4-piece bathroom. One of the units has been completely renovated (new flooring, kitchen and an additional 2-Pc Bathroom). This unit also features a large primary bedroom with its oversized walk-in-closet. The second unit has had many additional upgrades. Both units are self contained and tenants are responsible for their own heat and electricity. This duplex could either serve solely as income property or, alternatively, the owner might choose to occupy one unit while collecting rent from the other. Both units have their own separate backyards. This property is ideally situated within a short distance to walking trails, schools, the Cape Breton Regional Hospital, bus stops and all the amenities in the downtown core. This unique opportunity awaits you!! (id:1945)
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Property details for 120-124 Colby Street, Sydney

Type
Multi-family
Lot Size
0.1354
Parking
Paved Yard
Heating
Baseboard heaters, Oil, Radiator, Hot Water, Furnace
Exterior
Aluminum siding
Ownership
Freehold

Nearby Listings Stat

Estimated price and comparable properties near 120-124 Colby Street

Active Listings
75
Min Price
$17,500
Max Price
$980,000
Avg Price
$337,900
Days on Market
68
days
Sold Listings
25
Min Sold Price
$20,000
Max Sold Price
$2,900,000
Avg Sold Price
$360,804
Days until Sold
75
days

Neighbourhood Census Data

Cape Breton, Nova Scotia / Nouvelle-Écosse

Population
406
Median Age
43.2
Median Income
$29,440
Dwelling Value
$129,580

Housing Tenure

Owners 77%
Renters 27%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.2
Pop. Density: 3,120.7/km²
Avg Shelter Cost: $792/mo
Owners with Mortgage: 53.8%
Owners Spending 30%+: 12%
Tenants Spending 30%+: 0%
English only: 93.8%
English and French: 6.2%
Median Household Income: $51,968
Median Employment Income: $25,280

Price History

Listed
May 19, 2026
by Coldwell Banker Boardwalk Realty
Current Price
$225,000
-13.1% from last change
Type
Multi-family
For Sale
Price Changes
2
Date Price Change
Current $225,000 $34,000 (-13.1%)
Aug 6, 2026 $259,000 $30,000 (-10.4%)
Jun 25, 2026 $289,000 Listed

Contact Agent Get in touch about 120-124 Colby Street, Sydney

Heather Grant
Heather Grant
Coldwell Banker Boardwalk Realty