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.
- MLS® 202611600
- Date Listed05/21/2026
- Days on Realty 129 Days
- Bedrooms 6
- Bathrooms 4 Full baths
- Lot Size 1.02 acres (44,431 sq. ft)
- Sewer Septic Tank
- Property Type Single Family Residence
- County Lunenburg
- Year Built 1801
- Water Well
- Square Feet 2,700 sq. ft
- Price Per Sq. Ft $240.7
Interior Features
- Appliances Electric Range, Dishwasher, Dryer, Washer, Refrigerator
- Flooring Hardwood, Laminate, Tile, Vinyl
- Heating Baseboard, Fireplace(s), Ductless
Exterior / Lot Features
- Roof Metal
- Lot Size Acres 1.02
- Lot Size SQFT 44,431.20
- Lot Features 1 to 2.99 Acres, Partially Cleared
Sales & Tax History
Source: Public Records
Local Neighborhood Highlights for B0J 2E0
Discover key demographics, population statistics, and environmental insights for the Blockhouse, NS area.
10/100
Car-Dependent
Walk Score ®
0/100
Minimal Transit
Transit Score ®
29/100
Bikable
Bike Score ®
Overview
Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 5/100, Transit Score: 0/100, Bike Score: 13/100.
Frequently Asked Questions for 42 Cornwall Road, Blockhouse NS B0J 2E0
Source: Realty.com
42 Cornwall Road, Blockhouse NS B0J 2E0, Blockhouse, NS B0J 2E0 in Blockhouse, NS B0J 2E0 is a single family residence listed at $649,900. Highlights include 6 bedrooms, 4 bathrooms, 2,700 sq. ft., built in 1801, 1.02 acre lot, $241 per sq. ft.. Realty.ca has 49 photos, sales history, school insights, and mortgage t...
Realty.com has 49 photos of 42 Cornwall Road, Blockhouse NS B0J 2E0.
Our records indicate that 42 Cornwall Road, Blockhouse NS B0J 2E0 was built in 1801.
The full address for this home is 42 Cornwall Road, Blockhouse NS B0J 2E0, Blockhouse, NS B0J 2E0.
42 Cornwall Road, Blockhouse NS B0J 2E0 has been listed on Realty.com since Thu May 21, 2026
Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 5/100, Transit Score: 0/100, Bike Score: 13/100.
Listing provided courtesy of:
Sutton Group Professional Realty
(tel: 902-453-5552)
Listing agent:
Kiran Babu Mekala
(tel: 902-989-5111)
This content last refreshed on 2026-09-27 08:54:31. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.