Unknown for 24- 26 Glebe St, Sydney Nova Scotia B1P 1S2
5 hours on Market

24- 26 Glebe St, Sydney, Nova Scotia B1P 1S2

Detached
12
-
- sqft
$389,000
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Detached
12
-
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$1,671/mo

Tax Amount ()-

Days On Market5 hours


Description

Strategic Investment Opportunity – High-Potential Fourplex-- Each unit is so large it could be converted into 8 units. This income-producing fourplex, ideally located in the heart of Sydney, presents an exceptional opportunity for investors seeking both immediate cash flow and long-term upside. The property currently generates $2,000 per month from two tenanted units, with utilities included. The remaining two main-level units are vacant, offering immediate potential to increase income through new leases or renovation. Oversized apprtments could easily be converted from 4 units to 8 units. Each of the four units is generously sized, and one has already undergone partial renovations. The layout and scale of the building present a rare opportunity to convert the existing four units into eight , significantly boosting rental revenue. Major systems have been updated, including a fiberglass oil tank, furnace, and roof—each approximately 10 years old. The building is heated with oil hot water, several windows have been upgraded, and there is a full basement with partial ceiling height for additional storage or utility use. Each unit has a separte eletric pamel and the tenant could be paying their own electrical. Five meters including one house meter. The property is ideally situated near downtown Sydney, with easy access to public transit, parks, shopping, and the university—making it highly attractive to both student and professional tenants. Whether you're a seasoned investor looking to reposition and scale an asset, or entering the market with a property that offers strong fundamentals, this fourplex delivers on location, size, and future potential. It's a rare opportunity to acquire a well-located, high-upside building in one of Sydney’s most desirable areas for rentals


Property Details

StyleOther
View-
Age of property1915
SqFt-
Lot Size-
Parking Spaces-
MLS ®Number202515195
Community NameNorthend
Data SourceNSAR
Listing byEXP Realty of Canada Inc.

Features

Heating: Furnace
Basement: Full, Unfinished

Property History

Jun 20, 2025
ListedActive
$389,000
5 hours on market
history photo preview27
Listing by nsar®
Property listed by EXP Realty of Canada Inc., Brokerage
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Market Data - Northend

Geo Zone Map ThumbnailNorthend

Strong Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2024

0 day

2023

0 day

2022

0 day

New Listings

Past 30 days

2 listings

Compared to

2024

2 listings

2023

1 listing

2022

1 listing

Units sold

Past 30 days

0 unit

Compared to

2024

0 unit

2023

0 unit

2022

0 unit

Median Sold Price

Past 30 days

$0

Compared to


Population and Demographics

Overview

Total population 288
Average household income $74,452

Age (%)

20 to 34
33%
50 to 64
23%
65 and plus
18%
35 to 49
15%
0 to 19
11%

Household composition (%)

Single person
51%
Single family
37%
Multi person
12%
Multi family
0%

Mother tongue (%)

English
80%
Malayalam
6%
Punjabi (Panjabi)
5%
Mandarin
2%
Others
2%
Hindi
1%

House tenancy (%)

Renters
66%
Owners
34%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget