Residential For Sale

$599,900

1542 Canaan Road, Canaan, NS B0W 3M0

Description

Looking for an investment property with instant return and huge potential? Consider 1542 Canaan Road, situated on the Tusket River, and only 20 minutes from the Town of Yarmouth. This is a unique situation. Unique, because the sellers will retain a “Life interest,” and remain in the main home as long as their health allows. Unique, because they will pay rent, be responsible for utilities, and be caretakers of the property. Unique, because the new owners will be able to develop several acres which includes road-side frontage and an off-grid cabin. Currently, the main residence is one-level 1280 sq. ft. home is mere feet from the beautiful Tusket River, and is surrounded by 66 acres of forest. This is a private setting with engaging seasonal views. A full solar system with both propane and gas generators for backup supports off-grid living. This attractive home is fully wired and has all the electrical options needed, including high-speed Fibre Internet. It is easy to heat with multiple heating services, including in-floor heating, a cozy wood stove, and a wall-unit propane heater. The property includes a one-room, insulated and furnished off-grid cabin in the forest only .5 km away from the primary residence via an old logging road. It would be easy to expand and remodel for year-round use. As it has its own PID, the cabin and this 17 acres could even be sold. Also the new owner can arrange to spend vacations at this special place. If you want to buy a unique investment property with built-in tenants-caretakers, or to secure a gift for your children, or even to buy a retirement home, this property may be the right fit for you. More information and a video with aerial footage and inside photos is available.

Property Details

  • Property Type: Residential
  • PropertySubType: Cottage / Rec. Properties
  • Listing Type: For Sale
  • Listing ID: 202614571
  • Price: $599,900
  • View: River
  • Bedrooms: 1
  • Full Bathroom: 1
  • Bathrooms: 1
  • Half Bathrooms: 0
  • Square Footage: 1,280 Sqft
  • Year Built: 2003
  • Lot Area: 2,874,960 Acre
  • Status: Active
  • LivingAreaUnits : Square Feet

Features

  • Heating System : In Floor, Hot Water, Space Heater
  • Basement : No
  • Fireplace : Wood Burning Stove
  • Roof Deck : Asphalt
  • Sewer : Septic Tank
  • Interior Flooring : Concrete
  • Zoning: res/res

Details

  • Office Name: The Real Estate Store
  • Agent Name: Mike Randall
  • Fireplace: Yes
  • ParkingTotal: 1
  • AttachedGarage: Yes
  • Garage: Yes
  • CommunityFeatures : School Bus Service
  • InteriorFeatures : High Speed Internet
  • LotFeatures : Hardwood Bush, Softwood Bush, Wooded, 50 To 100 Acres
  • ParkingFeatures : Attached, Single, Gravel, Carport
  • WaterfrontFeatures : River Front, River Access, Fresh Water
  • ElementarySchool: Carleton Consolidated Elementary School
  • HighSchool: Yarmouth Consolidated Memorial High School
  • MiddleOrJuniorSchool: Maple Grove Education Centre
  • Appliances : Washer, Refrigerator, Gas Range
  • ArchitecturalStyle : Cottage/camp
  • HeatingYN: Yes
  • PriceChangeTimestamp: 16/06/2026 00:00:00
  • StructureType : Detached
  • Utilities : Propane, Phone Connected
  • Possession : To Be Negotiated "life Interest" Concept Will Apply
  • ModificationTimestamp: 16/06/2026 18:37:00
  • MLSAreaMajor : Hwy 203 East
  • MLSAreaMinor : Canaan
  • LockBoxType : No
  • LandLeaseYN: No
  • FoundationDetails : Slab
  • FarmLandAreaUnits : Square Feet
  • ConstructionMaterials : Wood Siding
  • BuildingAreaUnits : Square Feet
  • BelowGradeFinishedAreaUnits : Square Feet
  • AdditionalParcelsYN: Yes

Property on Map

Request Info

Contact Agent
Colleen Ryan

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