A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, water/lake/river/ocean view for 68 Spruce St, Mahone Bay Nova Scotia B0J 2E0
4 days on Market

68 Spruce St, Mahone Bay, Nova Scotia B0J 2E0

Townhouse
12
-
- sqft
$975,000
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Townhouse
12
-
- sqft

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Property Estimate

Days on market4 days

Estimated valueNot available

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Description

Exceptional Investment Opportunity – 6-Unit Apartment Building in Mahone Bay This is a rare opportunity to own a well-maintained, fully leased 6-unit apartment building in the heart of Mahone Bay — one of Nova Scotia’s most iconic and desirable oceanfront communities. Perfect for out-of-province and international buyers, this property is exempt from the 10% Non-Resident Deed Transfer Tax. Situated on a 0.26-acre lot, the property offers a combination of charm, functionality, and investment potential. The building features six spacious units, each approximately 800 square feet, with two bedrooms, one full bath, a bright living room, and an eat-in kitchen. Tenants enjoy off-street paved parking, coin-operated laundry, and individual storage lockers. The building is connected to municipal water and sewer, offering added convenience for owners and tenants alike. The property has been very well maintained, with recent upgrades including attic insulation, a vapor barrier in the crawl space, newer windows, a newer furnace, hot water tank, and oil tank. Located within easy walking distance to all of Mahone Bay’s amenities — including grocery stores, the post office, pharmacy, restaurants, and the scenic waterfront — this property delivers on both lifestyle and investment value. With consistent rental demand and minimal vacancy, this turn-key asset is an excellent addition to any real estate portfolio and a smart investment in one of Nova Scotia’s most sought-after communities.


Property Details

StyleOther
View-
Age of property1971
SqFt-
Lot Size-
Parking Spaces-
MLS ®Number202516867
Community NameMahone Bay
Data SourceNSAR
Listing byRed Door Realty

Features

Heating: Baseboard, Furnace, Radiant
Basement: Partially Finished

Property History

Jul 7, 2025
ListedActive
$975,000
4 days on market
history photo preview33
Listing by nsar®
Property listed by Red Door 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

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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