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Residential Income For Sale

68 Spruce Street, Mahone Bay, NS B0J 2E0

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Property Description

Exceptional Investment Opportunity – 6-Unit Apartment Building in Mahone Bay This is a rare opportunity to own a well-maintained, fully leased 6-unit apartment building in the heart of Mahone Bay — one of Nova Scotia’s most iconic and desirable oceanfront communities. Perfect for out-of-province and international buyers, this property is exempt from the 10% Non-Resident Deed Transfer Tax. Situated on a 0.26-acre lot, the property offers a combination of charm, functionality, and investment potential. The building features six spacious units, each approximately 800 square feet, with two bedrooms, one full bath, a bright living room, and an eat-in kitchen. Tenants enjoy off-street paved parking, coin-operated laundry, and individual storage lockers. The building is connected to municipal water and sewer, offering added convenience for owners and tenants alike. The property has been very well maintained, with recent upgrades including attic insulation, a vapor barrier in the crawl space, newer windows, a newer furnace, hot water tank, and oil tank. Located within easy walking distance to all of Mahone Bay’s amenities — including grocery stores, the post office, pharmacy, restaurants, and the scenic waterfront — this property delivers on both lifestyle and investment value. With consistent rental demand and minimal vacancy, this turn-key asset is an excellent addition to any real estate portfolio and a smart investment in one of Nova Scotia’s most sought-after communities.

Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 202516867
Price : C$975000
Bedrooms : 12
Year Built : 1971
Status : Active
Listing Status : ACTIVE
Property Sub Type : Multi Family
Roof : Asphalt
Features
Heating System : Baseboard, Radiant, Furnace
Basement : Partially Finished
Parking : Paved
Sewer : Municipal
Laundry Features : Laundry
Interior Features : Storage, Locker
Flooring : Carpet, Laminate
Appliances
Appliances : Dryer, Refrigerator, Washer, Stove
Address Map
Location Text : 68 Spruce Street, Mahone Bay, NS B0J 2E0
County : Lunenburg
City : Mahone Bay
Postal Code : B0J 2E0
Street : Spruce
Street Number : 68
Street Suffix : Street
Longitude : W65° 37' 21''
Latitude : N44° 26' 44.1''
Directions : From Main Street, Mahone Bay to Pleasant Street. From Pleasant Street right on Spruce - Apartment building on right, property signed. Civic 68
Mls Area Major : 405-Lunenburg County
Zoning : Apartment
Neighborhood
Middle School : Bayview Community School
High School : Park View Education Centre
Elementary School : Bayview Community School
Property Details
Price Per SQFT : $ 0
Search Price : $ 0
Office Name : Red Door Realty
Agent Name : Ingrid Ostrom
Sales History
Previous Price : $ 0
Original Price : $ 0
Selling Price : $ 0
Neighborhood Details
:
Additional Information
Water Source : Municipal
Stories : 3
Number Of Units Total : 6
Lot Features : Under 0.5 Acres
Foundation Details : Concrete Perimeter
Construction Materials : Vinyl Siding
Community Features : Park, Playground, Marina, Recreation Center, School Bus Service, Shopping, Place of Worship, Beach
Listing Information
List Agent Mls Id : N98934
List Office Mls Id : N11595
Mls Status : ACTIVE
Modification Timestamp : 2025-07-07T21:44:11Z
Originating System Name : NSAR
Residential Income For Sale
  • Listing ID : 202516867
  • Bedrooms : 12
  • Visits : 1
C$975000
Agent info
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