42 Cornwall Road Blockhouse, NS B0J 2E0
Listing Courtesy of: NOVA SCOTIA - IDX / Listed By: Sutton Group Professional Realty

  42 Cornwall Road Blockhouse, NS B0J 2E0

Active (99 Days)
$649,900 (CAD)

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.

MLS®:
202611597
Lot Size
1.02 acres
Type
Multifamily
Views
No
County
Lunenburg

Listed By

Kiran Babu Mekala, Sutton Group Professional Realty
Source
NOVA SCOTIA - IDX
Last checked Aug 28 2026 at 3:41 AM EDT
Bathroom Details
Interior Features
  • Appliances : Range - Electric
  • Appliances : Dishwasher
  • Appliances : Washer
  • Appliances : Refrigerator
  • Appliances : Dryer
Subdivision
  • B3
Property Features
  • Foundation: Stone
  • Foundation: Concrete
Heating and Cooling
  • Baseboard
  • Heat Pump -Ductless
  • Fireplace
Flooring
  • Vinyl
  • Hardwood
  • Tile
Exterior Features
  • Vinyl
  • Roof: Metal
Utility Information
  • Sewer: Septic, Drilled Well
  • Fuel: Electric, Wood
School Information
  • Elementary School: Bayview Community School
Garage
  • No
Parking
  • Gravel
  • Parking for 7 Cars

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jul 09, 2026
Price Changed
$649,900
-6%
-$40,000
Jun 22, 2026
Price Changed
$689,900
-11%
-$85,000
Jun 15, 2026
Price Changed
$774,900
-9%
-$75,000
Jun 04, 2026
Price Changed
$849,900
-6%
-$50,000
May 21, 2026
Listed
$899,900
-
-
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Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.