Exceptional Multi-Unit Investment Opportunity with Additional Upside Add this impressive income-producing property to your portfolio. Situated in a clean, family-friendly neighborhood and within walking distance to schools, shopping, restaurants, and everyday amenities, 105 Park Street, Stellarton offers immediate rental income with exciting future potential. This extensively updated property currently features three occupied units with the possibility of further expansion: Spacious bachelor/1-bedroom unit Extra-large 1-bedroom unit Second-floor 2-bedroom unit with potential to convert into a 3-bedroom layout Third-floor space offering future suite potential, requiring a exterior staircase (TBV) for separate access while also being accessible through the second-floor laundry area, and to Reno it to make it into a living space. Individual brand new 200-amp electrical services with separate meters Exceptional tenants already established The basement level features its own separate exterior entrance and provides abundant storage space for an owner or shared tenant use. Buyers looking to maximize the property's potential may wish to explore additional possibilities for the lower level, subject to municipal approvals and buyer verification. Whether you're an experienced investor or looking to add a quality asset to your portfolio, this property offers a rare combination of stable income, extensive upgrades, strong tenants, and future development potential. Turn-key today, with room to grow tomorrow. Updates: New roof and sheeting - 2024 New fridge Unit 1 - 2024 New electrical upgrade - 2026 2 new decks - 2026 Unit 1 Painted - 2025 Propane Boiler - 2021
Accurate by GPS corner of Park and Jubilee in Stellarton NS
Listing Sub-Area:
106-New Glasgow, Stellarton
Property Type:
Multi-Family
Multi-Family Type:
Triplex
Title To Land:
Freehold
Building Dimenions:
25'x48'
Outside Dimenions:
25'x48'
Lot Size:
7,501 sq. ft.697 m2
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
3
# Floors:
2
Exterior Finish:
Aluminium Siding
Foundation:
Concrete
New Constr.:
No
Basement:
Full, Undeveloped
Floor Finish:
Carpet, Engineered Hardwood, Hardwood, Laminate
Roof:
Asphalt Shingle
Heating:
Hot Water
Fuel:
Propane
Parking:
Yes
Parking Description:
6
Driveway:
Gravel, Parking Spaces(s)
Water Supply:
Municipal
Water And Sewage:
$1,799.01
Sewer:
Municipal
Num Units:
3
Num 1 Bed Units:
2
Num 2 Bed Units:
1
# Of Fridges:
3
# Of Stoves:
3
Rental Income:
Yes, $36,024
Approx. Net Income:
$20,437.83
Insurance Expense:
$2,000.
Taxes Costs:
$3,203.52
Snow / Garbage Collection:
$450 and Grass
Heating Bill:
$7,688.24
Electricity Bill:
$445.41
Approx. Total Expense:
$15,586.17
Approx. Total Income:
$36,024.
Storage
Fridge and Stove each unit
Washer and Dryers are Tenants
Park, Playground, Public Transit, Recreation Center, School Bus Service, Shopping, Place of Worship
Data was last updated June 25, 2026 at 05:20 PM (UTC)
Area Statistics
Listings on market:
22
Avg list price:
$266,950
Min list price:
$79,900
Max list price:
$434,900
Avg days on market:
60
Min days on market:
2
Max days on market:
617
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.