Address
42 Cornwall Road, Blockhouse, NS
Price
$ 649,900
Property Attributes
- ID#202611600
- TypeSingle Family
- Listing Status Active
- MunicipalityBlockhouse
- CityBlockhouse
- AreaBlockhouse
- NeighbourhoodBlockhouse
- Postal CodeB0J 2E0
- Style
- Price$ 649,900
- Bedrooms5+1
- Bathrooms4
- Half Bathrooms0
- Sqr Footage2700
- Lot Size1.02 Acres
Data Source:
Canadian Real Estate Association (CREA)
Property 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:7434)
General Features
| Features | Walk-In Closet |
|---|---|
| Property Type | Single Family |
| CommunityName | Blockhouse |
| Amenities | Park, Playground, Shopping, Place of Worship, Beach |
| Building Appliances | Range - Electric, Dishwasher, Dryer, Washer, Refrigerator |
| Building Cooling Type | Air Conditioned |
| Location Description | Exit 11 from the 103 Highway. Proceed south. Property is on your left halfway down the hill. |
| Foundation Type | Poured Concrete, Stone |
| Building Type | House |
| Ownership Type | Freehold |
| Building.StoriesTotal | 1.5 |
Interior Features
| Building Fireplace Present | True |
|---|---|
| Building Heating Type | Baseboard heaters, Heat Pump, Ductless |
| Building Heating Fuel | Electric, Wood |
| Construction Style Attachment | Detached |
| Flooring Type | Hardwood, Laminate, Tile, Vinyl |
| Living Area Range | 2700 |
| Bedrooms | 5+1 |
Exterior Features
| Structure | Shed |
|---|---|
| Land Amenities | Park, Playground, Shopping, Place of Worship, Beach |
| Sewer | Septic System |
| Exterior Finish | Vinyl |
Room Details
| Room | Dimensions | Level | Flooring | Details |
|---|---|---|---|---|
| 3pc Bathroom | Unit 1 | Main level | ||
| Bath (# pieces 1-6) | Unit 1 | Main level | ||
| Bedroom | 10..4 x 7..8 Unit 2 | Main level | ||
| Den | 7..1 x 6..6 Unit 3 | Lower level | ||
| Dining room | 7..5 x 5 | Main level | ||
| Kitchen | 9..6 x 15..1 Unit 1 | Main level | ||
| Laundry / Bath | 9..1 x 8..2 Unit 2 | Main level | ||
| Laundry room | 8..6 x 4. Unit 3 | Lower level | ||
| Living room | 10..11 x 13..8 | Main level | ||
| Primary Bedroom | 13..1 x 23..1 Unit 1 | Main level |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in B0J 2E0
Price
Data provided by the Ontario Regional Technology & Information Systems. The information is deemed reliable, but is not guaranteed. Not intended to solicit buyers or sellers, landlords or tenants currently under contract.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating