A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, building for 499 Main St, Mahone Bay Nova Scotia B0J 2E0
3 hours on Market

499 Main St, Mahone Bay, Nova Scotia B0J 2E0

Townhouse
5
-
- sqft
$649,900
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Townhouse
5
-
- sqft

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Property Estimate

Days on market3 hours

Estimated valueNot available

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Description

Additional Photos will be added on Wednesday the 19th. This well-maintained triplex in the charming town of Mahone Bay presents an exceptional investment opportunity with flexible owner-occupancy options. The property features three distinct units: two on the ground floor (one 1-bedroom and one 2-bedroom unit, currently vacant) and a 2-bedroom unit upstairs, each equipped with separate electrical and water meters ensuring tenants pay their own utilities and minimizing landlord operating expenses. Located in one of Nova Scotia's most desirable coastal communities, the property offers walkable access to Mahone Bay's picturesque waterfront, unique shops, restaurants, and vibrant community events, making it highly attractive to both renters and potential owner-occupiers. The owner-occupancy option provides a compelling advantage, allowing you to live in one unit while generating rental income from the other two, effectively reducing your personal housing costs while maintaining hands-on property management and potentially qualifying for tax benefits. With stable rental demand driven by Mahone Bay's historically low vacancy rates, tenant-paid utilities, dedicated parking for all units, and strong potential for long-term appreciation in this thriving coastal market, this triplex represents a rare opportunity to establish yourself in a sought-after community while building equity through a sound real estate investment that offers both immediate cash flow and future growth potential.


Property Details

StyleOther
View-
Age of property1895
SqFt-
Lot Size-
Parking Spaces-
MLS ®Number202528060
Community NameMahone Bay
Data SourceNSAR
Listing byCentury 21 Optimum Realty

Features

Heating: Baseboard
Basement: Partial, Unfinished, Walk-Out Access

Property History

Nov 17, 2025
ListedActive
$649,900
3 hours on market
history photo preview2
Listing by nsar®
Property listed by Century 21 Optimum Realty, Brokerage
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Market Data - Mahone Bay

Geo Zone Map ThumbnailMahone Bay

Strong Seller's Market

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Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

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2024

0 day

2023

0 day

2022

0 day

New Listings

Past 30 days

0 listing

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2024

0 listing

2023

2 listings

2022

1 listing

Units sold

Past 30 days

0 unit

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2024

0 unit

2023

0 unit

2022

0 unit

Median Sold Price

Past 30 days

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Population and Demographics

Overview

Total population 955
Average household income $102,699

Age (%)

0 to 19
14%
20 to 34
9%
35 to 49
13%
50 to 64
24%
65 and plus
40%

Household composition (%)

Single family
54%
Single person
42%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
96%
Others
2%
French
1%

House tenancy (%)

Owners
69%
Renters
31%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget