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$649,900
 $3,489 est/mo Sourced by Back At You

42 Cornwall Road,Blockhouse, NS B0J2E0

Blockhouse, NS B0J2E0

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Description

INVESTMENT OPPORTUNITY FULLY RENOVATED LEGAL TRIPLEX WITH EXPANSION POTENTIAL NEAR MAHONE BAY Potential Gross Income: Approximately $59,400/Year Rare opportunity to acquire a fully renovated legal triplex on Nova Scotia's highly desirable South Shore. Extensively rebuilt from the studs, this turnkey income property combines historic charm with modern systems, significantly reducing future capital expenditure concerns for investors. Situated on a 1.02-acre lot just minutes from Mahone Bay, Lunenburg, and the South Shore Adventure Trail, the property offers strong rental appeal in one of Nova Scotia's most sought-after regions. The building consists of three legal units: Unit 1: Spacious 4-bedroom, 2-bath owner's suite featuring an efficient heat pump system, in suite laundry, and excellent energy efficiency. Estimated market rent approximately $2,300/month. Unit 2: Private 1-bedroom, 1-bath suite with its own power meter, HVAC system, in suite laundry, and hot water tank. Currently rented. Unit 3: 1-bedroom plus den unit with dedicated heat pump, separate power meter, HVAC system, in suite laundry, and hot water tank. Currently rented. Current rental income is $2,650/month from the two occupied units, with total gross rental income potential of approximately $4,950/month ($59,400 annually) when all units are rented at market rates. Each unit benefits from separately metered electrical service and independent mechanical systems, simplifying management and tenant cost allocation. Adding further value, current zoning permits the construction of an additional unit, creating a rare opportunity to increase density and future revenue on the property. Air BNB potential in this area is massive which brings minimum 300-500$ per night/unit. Whether you are seeking cash-flowing multi asset, or a property with future development potential, this legal triplex offers flexibility, income, and long term upside in one of Nova scotia's strongest lifestyle market. (id:13843)

Details

MLS #202611600
Listing TypeFor Sale
StyleHouse
StatusActive
Days On Site97
Listing Provided BySutton Group Professional Realty | Kiran Babu Mekala

Features

Bed(s)6
Bath(s) 4 Total
SQ Feet2,700
Story(s)1
Acreage1.02

Interior

CoolingAir Conditioned
HeatingHeat Pump, Baseboard heaters, Electric, Wood, Ductless
AppliancesWasher, Refrigerator, Range - Electric, Dishwasher, Dryer
Fireplace Yes / NoYes

Exterior

Accessibility Features5ft min Kitchen Turning Radius, 32in min Entry Doorways, Entry less than 3 steps, Entry threshold less than ½ inch
Lot FeaturesWalk-In Closet
Foundation DetailsStone, Poured Concrete

Parking

Parking FeaturesParking Space(s), Gravel

Utilities

SewerSeptic System
Water SourceWell

Area Information

ProvinceNS
CityBlockhouse
Postal CodeB0J2E0
Listing VS Median (in B0J2E0)
Price:
$649,900
low | high
Med:
$609,900
56.154793045084% of Average
sqft:
2,700
low | high
Med:
1,629
89.685185185185% of Average
$ / sqft:
$241
low | high
Med:
$397
14.927895823939% of Average
On site:
97
low | high
Med:
143.5
67.595818815331% of Average
Sourced by Back At You

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Sutton Support

 (604) 691-1655support@sutton.com
ProvinceNS
CityBlockhouse
Postal CodeB0J2E0
Listing VS Median (in B0J2E0)
Price:
$649,900
low | high
Med:
$609,900
56.154793045084% of Average
sqft:
2,700
low | high
Med:
1,629
89.685185185185% of Average
$ / sqft:
$241
low | high
Med:
$397
14.927895823939% of Average
On site:
97
low | high
Med:
143.5
67.595818815331% of Average
Sourced by Back At You
Listing Updated: August 16, 2026 at 12:32:05 PM PDT