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Exceptional Property

40 Lucas Lane, Cleveland

$59,000
null Bedrooms
null Bathrooms
null sqft

Property Highlights

Distinctive Features That Set This Property Apart

Property Type

Vacant Land

Style

Other

Year Built

N/A

Square Footage

N/A

Bedrooms

N/A

Bathrooms

N/A

Distinguished Features

Property Overview

A Closer Look at This Distinguished Residence

Over 3 acres on a fresh water lake, with 121 feet of shoreline. Beautiful over the lake. Whether you watch the sun rise of the sunset over the lake, like to kayak, fish or both, this could be the right lot for you. It is located on a private road that is well maintained, with neighbours on each side. The property at the street is high and dry. slop...

MLS Number

202315036

Listed By

Cape Breton Realty

Last Updated

Nov 4, 2025, 6:00 p.m.

Data Source

CREA

All information provided is deemed reliable but is not guaranteed and should be independently verified.
Agent's Insight

Property Specifications

Comprehensive Details of This Fine Residence

Property Specifications

Property Type
Vacant Land
Architectural Style
Other

Exterior & Surroundings

View Type
Lake view
Information deemed reliable but not guaranteed. Buyers should verify all property details.

Property Provenance

Historical Timeline of This Distinguished Address

Property Timeline

Historical transactions and listing information

Property image
14
New
MLS# 202315036
List Date
Jul 20, 2023, 3:11 p.m.
List Price
$59,000
Property Type
Sale

Financial Planning

Tools to Help You Plan Your Investment

Mortgage Financing Calculator

Calculate your monthly mortgage payments and visualize your investment over time.

$
300,000
$
20%
% p.a.

Monthly Payment

$0
Per Month
Mortgage Details
Loan Amount
$240,000
Total Interest
$0
Total Payments
$0
Loan-to-Value Ratio
80%
Total Number of Payments
360
Financial Insight

Your 20%+ down payment typically eliminates the need for private mortgage insurance, potentially saving you thousands over the life of your loan.

This calculator provides an estimate only. Your actual mortgage terms may vary based on credit history, lender requirements, and other factors.

Investment Cash Flow Analysis

Analyze your property's financial performance by tracking income and expenses to calculate net cash flow.

Total Income
$4,300/monthly
2 income sources
Total Expenses
$2,530/monthly
3 expense items
Net Cash Flow
$1,770/monthly
Positive investment return

Cash Flow Analysis

This property generates a positive cash flow of $1,770 per monthly. Consider reinvesting this surplus to enhance property value, build reserves for maintenance, or diversify your investment portfolio.

Income Sources

Rental Income
monthly
$3,500
Investment Returns
monthly
$800
Add New Income
$

Expense Items

Mortgage
monthly
$1,800
Property Tax
monthly
$450
Property Management
monthly
$280
Add New Expense
$
This calculator provides an estimate only. Actual investment returns may vary based on market conditions and unforeseen expenses.

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