This well-maintained investment property, perfectly positioned just behind the Westside Shopping Plaza, is an excellent opportunity for investors looking to secure a high-demand rental in one of New Glasgow’s most convenient areas. It features three units: a recently added 2-bedroom apartment on the lower level, a spacious 3-bedroom main floor home (currently owner-occupied), and a 2-bedroom apartment upstairs. Some larger upgrades include a metal roof and a 200-amp electrical service powering the main floor and basement apartments, while the upstairs unit is separately metered. The property also offers a large backyard with views of Carmichael Park, the East River, and the scenic Sampson Trail, all within walking distance to downtown New Glasgow’s shops, dining, and amenities. With strong rental potential, a solid location, and key updates already completed, this property is a smart choice for anyone looking to grow their portfolio or offset living costs while enjoying steady income. Why wait? call your REALTOR® today!
From Abercrombie or Stellarton Roads, turn down George Street, then Left onto Company Street
Listing Sub-Area:
106-New Glasgow, Stellarton
Property Type:
Multi-Family
Multi-Family Type:
Triplex
Title To Land:
Freehold
Building Dimenions:
32x33 + 21x14 Irregular
Lot Size:
12,545 sq. ft.1,165 m2
Prop Size:
Under 0.5 Acres
# of Rental Units / Occupied:
3
Exterior Finish:
Vinyl
Foundation:
Concrete
Basement:
Full, Fully Developed, Walkout
Floor Finish:
Ceramic, Hardwood, Laminate
Roof:
Metal, Rolled
Heating:
Baseboard, Heat Pump -Ductless
Fuel:
Electric
Parking:
Yes
Parking Description:
Gravel driveway
Driveway:
Gravel
Water Supply:
Municipal
Water And Sewage:
1200
Sewer:
Municipal
Num Units:
3
Num 2 Bed Units:
2
Num 3 Bed Units:
1
Rental Income:
Yes, 47820
Approx. Net Income:
29,319
Insurance Expense:
4560
Taxes Costs:
4701
Heating Bill:
0
Electricity Bill:
8040
Approx. Total Expense:
18501
Approx. Total Income:
47820
Ensuite Bath
Park, Playground, Public Transit, Recreation Center, School Bus Service, Shopping, Marina, Place of Worship
Data was last updated October 3, 2025 at 03:20 AM (UTC)
Area Statistics
Listings on market:
20
Avg list price:
$297,450
Min list price:
$54,900
Max list price:
$890,000
Avg days on market:
93
Min days on market:
16
Max days on market:
995
These statistics are generated based on the current listing's property type
and located in
106-New Glasgow, Stellarton. Average values are
derived using median calculations. This data is not produced by the MLS® system.