Overview
Description
This well-maintained triplex in the charming town of Mahone Bay presents an exceptional investment opportunity. The property features three distinct units: two on the ground floor (one 1-bedroom and one 2-bedroom unit 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.
Contact us about this listing & It's History
Neighborhood Information
Mahone Bay, NS
Mahone Bay is a charming small town in Nova Scotia, Canada, known for its picturesque scenery and the iconic Three Churches that line the waterfront. The town's setting along the bay offers breathtaking views, and it's a popular spot for sailing and boating. Downtown Mahone Bay is dotted with unique shops, cafes, and art galleries, making it an enjoyable area to explore. The town hosts several events throughout the year, including the Mahone Bay Classic Boat Festival and the Scarecrow Festival in the fall.
Living in Mahone Bay offers a slower, more relaxed pace of life. Residents can enjoy the natural beauty of the area, yet amenities such as shopping and dining are easily accessible. However, it's worth noting that the cost of living can be higher than in some other parts of Nova Scotia, particularly when it comes to real estate.
The population of Mahone Bay is approximately 1,036, making it a close-knit community.
78
Living in Mahone Bay is quite desirable for those seeking a peaceful small town living with a strong sense of community. The town's natural beauty and charming downtown area make it a delightful place to live. Mahone Bay scores a 78 for livability.
Search Nearby Activities80
The schools in Mahone Bay are highly regarded. The small class sizes provide a personalized learning environment. The town's commitment to education earns it a school score of 80.
Search Nearby Schools75
Entertainment in Mahone Bay largely revolves around the town's natural beauty and community events. From sailing on the bay to the various festivals throughout the year, there's always something to do. Mahone Bay's entertainment options score a solid 75.
Search Nearby Restaurants85
The outdoor activities in Mahone Bay are abundant. With the bay right at its doorstep, residents can easily partake in boating, kayaking, and swimming. The town also has numerous hiking trails and parks. Mahone Bay's outdoor activities score an impressive 85.
Walk Score - 62%Map
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Property Details
| On Market Date | 2026-02-18T11:09:47.1 |
| Off Market Date | 2026-03-03 |
| Status | CONDITIONAL SALE |
| Price | $649,900.00 |
| Year Built | 1896 |
| Neighborhood | South Shore |
| Location | Lat: 44.449374, Lng: -64.382651 |
| Square Feet | 0.00 |
| Lot Size | 6,534.00 |
| Parking Features | Gravel |
| Heating | Baseboard |
| Cooling | Baseboard |
| Sewer | Municipal |
| Roof | Asphalt Shingle |
| Flooring | Laminate,Softwood |
| Lot Features | 6534 |
| Association Fee | 0.00 |
| Listing Office Name | 2385 |
| Listing Agent | Rob Lough |
| Listing Agent Contact | rob.lough@century21.ca |
| MLS® | 202602905 |
No representation is made as to the accuracy of any description. All measurements and square footages are approximate and all information should be confirmed by customer.


