101 McGray Avenue, North East Point, Nova Scotia, Canada. - Hero Image
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101
McGray Avenue
North East Point | Nova Scotia

Island Sanctuary

Nature Preserved

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Dawn Magee -
Dawn Magee -
Presented At
$855,710
Bedrooms
3
Bathrooms
3
Living
3,642
SQFT
Office
High Ceiling
Stone Countertops
Bar
Basement
Garage
Garden
Balcony
Water View
Coastal
Waterfront
Ocean View
Oceanfront
Modern
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101 McGray Avenue, North East Point, Nova Scotia, Canada. , North East Point , Nova Scotia

101 McGray Avenue

Why wait on contractors or deal with construction delays when your dream coastal home is already here? Welcome to 101 McGray Avenue in North East Point, Cape Sable Islanda rare opportunity to own a like-new, custom-built with approximately 314 feet of oceanfront where you can launch your kayak, take a swim and your very own white sand beach. Situated on 6 elevated acres with sweeping 180-degree views of the Atlantic. This 34-bedroom contemporary home has been meticulously maintained and thoughtfully designed for comfort, energy efficiency, and year-round enjoyment. Luxury finishes abound, including cherry hardwood floors and trim work throughout, a custom cherry kitchen with granite countertops and Italian marble flooring, and three elegant bathrooms with granite tile. Radiant in-floor heating spans 11 zones, including the walk-out basement, exterior steps, and paved driveway. Built to insulate from ocean breezes, with ICF construction and a premium interlocking metal roof (2019). The home also features a cathedral ceiling, an abundant natural light with ocean view from almost every room. The main level offers flexible living spaces, ideal for an office, guest suite, or studio. Up the grand staircase, you will find 3 bedrooms and 2 full baths. The expansive primary room with luxurious ensuite opens to your personal ocean view balcony. Lower leveloriginally designed as a garageis currently used as a workshop, cold room and drive in storage but could easily be converted back. Outdoor living is just as impressive with 6 acres to develop gardens or add a detached garage. You will find a large storage shed for boats and toys as you walk the gentle slope towards your own sandy oceanfront. Public wharf and boat launch a short walk away. Walk or drive a short distance across the causeway to shopping and other amenities in Barrington Passage. This turnkey property includes three PIDs (80035363, [hidden information]) and offers unmatched and serene lifestyle by (id:58753)

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101
McGray Avenue
North East Point | Nova Scotia

3D Street View Tour

Map showing 101 McGray Avenue, North East Point, Nova Scotia, Canada.

Property Location

101 McGray Avenue, North East Point, Nova Scotia, Canada., North East Point Nova Scotia

Local Weather & Climate

North East Point, Nova Scotia

Current Conditions Updated recently
34 °F
Clear sky
Feels Like 25°F
Humidity 67%
Wind 14 mph
Visibility 6.2 mi
Sunrise 10:34 AM
Sunset 10:28 PM
5-Day Forecast
Sun 15 Mar
Clouds
High 36°
Low 34°
Mon 16 Mar
Clouds
High 44°
Low 32°
Tue 17 Mar
Rain
High 47°
Low 37°
Wed 18 Mar
Clouds
High 35°
Low 28°
Thu 19 Mar
Clouds
High 33°
Low 28°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around North East Point?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

C$
%
C$100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.

Market Opinion

Our perspective on current market conditions in North East Point. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis
International luxury real estate typically appreciates steadily over time.
65
Buyer Score
Estimated regional appreciation: 4% annually
Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $85,571,000 20% down ($17,114,200)

Investment Perspective
$ $ $
$1 → $1.36
Every dollar invested today could become $1.36 in 10 years
$100 → 136 $1,000 → $1,362
+$7,353
$7,353/day
Your home may appreciate while you sleep
$51,613/week $223,657/mo $2,683,880/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$281K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential 8% advantage over stocks
RENT 💸 -$47.1M
vs
OWN 📈 +$66.8M
$66.8M Potential Equity
vs $47.1M lost to rent over 10 years
$17.1M Down Payment Growth
3.9x
10yr
$66.8M
8.1x
20yr
$138.3M
12.6x
30yr
$216.1M
Wealth Comparison
×515
Equivalent to 515 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $216.1M
Time to Double Your Investment (accounting for market cycles)
42.4
years
Conservative
1.65% effective/yr
15.3
years
Optimistic
4.62% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $100.8M +18%
Market $116.5M +36%
Optimistic $134.5M +57%
$66.8M est. equity
20 Years
Conservative $118.7M +39%
Market $158.7M +85%
Optimistic $211.3M +147%
$138.3M est. equity
30 Years
Conservative $139.8M +63%
Market $216.1M +153%
Optimistic $332.1M +288%
$216.1M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

This house at 101 McGray Avenue, North East Point, Nova Scotia, Canada features 3 bedrooms with 3,642 square feet of living space.
This property offers 3,642 square feet of living space.
This property is listed at $85,571,000, which equals $23496 per square foot.
Based on current market indicators, North East Point shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.
This is a house located in North East Point, Nova Scotia. The property is situated in an established neighborhood with convenient access to local amenities and services.
Dawn Magee -

Dawn Magee -

Dawn Magee - eXp Realty of Canada Inc.

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