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Residential Income For Sale

0.42 Acre - 13 Parade Street, Yarmouth, NS B5A 3A5

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Property Description

nvestment Opportunity with Development Potential! Welcome to the Mid-Town Motel—an exceptional investment near the heart of Yarmouth’s downtown core, the Heritage District, and just minutes from the international ferry to the USA. Situated on a prominent corner lot, this 31-bedroom property includes a charming heritage home that has been expanded over time. It offers three separate entrances and two paved parking areas. The main building features an office/reception, two 2-piece washrooms, a spacious laundry area, mudroom, a large kitchen with ample prep space, a beautiful wood-panelled dining room showcasing original craftsmanship, and a grand front sitting room with fireplace that serves as a cozy guest lounge. Upstairs are four large guest suites (two with private baths) and six boarding rooms with a shared bath. Two bachelor suites are also located on the main floor. The newer wing houses 19 motel rooms on two levels, each with its own bathroom. Many have been renovated; others await finishing. Nine rooms are currently rented to long-term tenants, generating consistent income and offering a strong foundation for future cash flow. Extensive recent upgrades include a new fire-code-compliant sprinkler system, updated plumbing, new hot water and oil tanks, upgraded electrical panels, new exterior railings, fire escape, and balcony stairs. Roof shingles were replaced in June 2023. With over 11,000 sq ft of usable space and a prime location, this property is a compelling candidate for residential conversion. Government incentives are available for landlords transforming existing buildings into rental units—a major opportunity in today’s housing market. Whether you’re seeking a live-in business, income property, or redevelopment project, the Mid-Town Motel delivers location, scale, and upside. Don’t miss this rare chance to invest in one of Yarmouth’s most versatile and promising properties.

Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 202512778
Price : C$775000
Bedrooms : 31
Lot Area : 0.42 Acre
Status : Active
Listing Status : ACTIVE
Property Sub Type : Multi Family
Roof : Asphalt
Features
Heating System : Forced Air, Baseboard
Basement : Crawl Space, Full, Unfinished
Parking : Paved
Utilities : Electricity Connected
Sewer : Municipal
Flooring : Carpet, Vinyl, Laminate, Other
Address Map
Location Text : 13 Parade Street, Yarmouth, NS B5A 3A5
County : Yarmouth
City : Yarmouth
Postal Code : B5A 3A5
Street : Parade
Street Number : 13
Street Suffix : Street
Longitude : W67° 52' 56.1''
Latitude : N43° 50' 14.7''
Directions : From Main Street Yarmouth - Turn up Parade Street. #13 on right.
Mls Area Major : Town Central
Zoning : RES
Property Details
Price Per SQFT : $ 0
Search Price : $ 0
Office Name : Viewpoint Realty Services Inc. (Shelburne)
Agent Name : Jordan Langille
Sales History
Previous Price : $ 0
Original Price : $ 0
Selling Price : $ 0
Neighborhood Details
:
Additional Information
Water Source : Municipal
Number Of Units Total : 31
Lot Features : Under 0.5 Acres
Foundation Details : Concrete Perimeter, Stone
Listing Information
List Agent Mls Id : N125909
List Office Mls Id : N15505
Mls Status : ACTIVE
Modification Timestamp : 2025-06-02T22:47:46Z
Originating System Name : NSAR
Residential Income For Sale
  • Listing ID : 202512778
  • Bedrooms : 31
  • Lot Area : 0.42 Acre
  • Visits : 26 in 20 days
C$775000
Agent info
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