Overview

Property Type Triplex

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.

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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.

City Score
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.

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School Score
80

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.

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Entertainment Score
75

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.

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Activity Score
85

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%

About Your Relator®

Meet Jessica Mugford, a dynamic and enthusiastic Realtor® based in the heart of Sydney, NS. Born and raised in this picturesque coastal city, Jessica brings a deep-seated passion and a comprehensive understanding of the local market to her role. Her journey in real estate began at RE/MAX Park Place, where she served as an administrative professional specializing in contract review. This experience has provided her with invaluable insights into the industry, enhancing her expertise in managing real estate transactions with finesse.

Jessica's love for travel has broadened her perspective, allowing her to appreciate diverse lifestyles and housing needs, making her an ideal advisor for clients seeking to navigate the complexities of the real estate market. Coupled with her exceptional customer service skills, Jessica is committed to offering personalized and effective real estate solutions.

With deep rooted entrepreneurial ties to the community, Jessica has the foresight to recognize independent real estate opportunities, propose growth strategies and guide her clients through effective and efficient closing processes.

With Jessica Mugford, you can expect nothing less than a professional, tailored approach.


Phone: (902) 322-1684

Email: jessicamugford@remax.net

Office: Sydney

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Property Details

On Market Date2026-02-18T11:09:47.1
Off Market Date2026-03-03
StatusCONDITIONAL SALE
Price$649,900.00
Year Built1896
NeighborhoodSouth Shore
LocationLat: 44.449374, Lng: -64.382651
Square Feet0.00
Lot Size6,534.00
Parking FeaturesGravel
HeatingBaseboard
CoolingBaseboard
SewerMunicipal
RoofAsphalt Shingle
FlooringLaminate,Softwood
Lot Features6534
Association Fee0.00
Listing Office Name2385
Listing AgentRob Lough
Listing Agent Contactrob.lough@century21.ca
MLS®202602905
All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice.
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.

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