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Residential Income For Sale

0.15 Acre - 499 Main Street, Mahone Bay, NS B0J 2E0

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Property Description

Additional Photos will be added on Wednesday the 19th. This well-maintained triplex in the charming town of Mahone Bay presents an exceptional investment opportunity with flexible owner-occupancy options. The property features three distinct units: two on the ground floor (one 1-bedroom and one 2-bedroom unit, currently vacant) and a 2-bedroom unit upstairs, each equipped with separate electrical and water meters ensuring tenants pay their own utilities and minimizing landlord operating expenses. Located in one of Nova Scotia’s most desirable coastal communities, the property offers walkable access to Mahone Bay’s picturesque waterfront, unique shops, restaurants, and vibrant community events, making it highly attractive to both renters and potential owner-occupiers. The owner-occupancy option provides a compelling advantage, allowing you to live in one unit while generating rental income from the other two, effectively reducing your personal housing costs while maintaining hands-on property management and potentially qualifying for tax benefits. With stable rental demand driven by Mahone Bay’s historically low vacancy rates, tenant-paid utilities, dedicated parking for all units, and strong potential for long-term appreciation in this thriving coastal market, this triplex represents a rare opportunity to establish yourself in a sought-after community while building equity through a sound real estate investment that offers both immediate cash flow and future growth potential.

Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 202528060
Price : C$649900
Bedrooms : 5
Year Built : 1895
Lot Area : 0.15 Acre
Status : Active
Listing Status : ACTIVE
Property Sub Type : Triplex
Roof : Asphalt
Features
Heating System : Baseboard
Basement : Partial, Unfinished, Walk-Out Access
Parking : Gravel
Utilities : Electricity Connected
Sewer : Municipal
Flooring : Laminate, Softwood
Appliances
Appliances : Dryer, Refrigerator, Washer, Stove
Address Map
Location Text : 499 Main Street, Mahone Bay, NS B0J 2E0
County : Lunenburg
City : Mahone Bay
Postal Code : B0J 2E0
Street : Main
Street Number : 499
Street Suffix : Street
Longitude : W65° 37' 2.5''
Latitude : N44° 26' 57.7''
Directions : Main Street Mahone Bay next to the Town Hall
Mls Area Major : 405-Lunenburg County
Zoning : Res/Com
Neighborhood
Middle School : Bluenose Academy
High School : Bay View High School
Elementary School : Bluenose Academy
Property Details
Price Per SQFT : $ 0
Search Price : $ 0
Office Name : Century 21 Optimum Realty
Agent Name : Rob Lough
Sales History
Previous Price : $ 0
Original Price : $ 0
Selling Price : $ 0
Neighborhood Details
:
Additional Information
Water Source : Municipal
Number Of Units Total : 3
Lot Features : Under 0.5 Acres
Foundation Details : Stone
Construction Materials : Vinyl Siding
Listing Information
List Agent Mls Id : N69639
List Office Mls Id : N24684
Mls Status : ACTIVE
Modification Timestamp : 2025-11-17T14:41:09Z
Originating System Name : NSAR
Residential Income For Sale
  • Listing ID : 202528060
  • Bedrooms : 5
  • Lot Area : 0.15 Acre
  • Visits : 1 in 1 days
C$649900
Agent info
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