Our Agents' Listings
Jun 20, 2026
02:00 PM
-
04:00 PM
ADT
42 Cornwall Road
405-Lunenburg County
Blockhouse
B0J 2E0
$774,900
Multi-Family
built: 1801
Open House
-
Jun 20, 2026
02:00 PM
-
04:00 PM
ADT
NOTES: Open House on Saturday, June 20, 2026 2:00PM - 4:00PM
Open House|June 20|Saturday- 2PM - 4PM
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- 202611597
- Year Built:
- 1801
- Photos (50)
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INVESTMENT OPPORTUNITY – FULLY RENOVATED LEGAL TRIPLEX WITH EXPANSION POTENTIAL NEAR MAHONE BAY Potential Gross Income: Approximately $59,400/Year Rare opportunity to acquire a fully renovated legal triplex on Nova Scotia's highly desirable South Shore. Extensively rebuilt from the studs, this turnkey income property combines historic charm with modern systems, significantly reducing future capital expenditure concerns for investors. Situated on a 1.02-acre lot just minutes from Mahone Bay, Lunenburg, and the South Shore Adventure Trail, the property offers strong rental appeal in one of Nova Scotia's most sought-after regions. The building consists of three legal units: • Unit 1: Spacious 4-bedroom, 2-bath owner's suite featuring an efficient heat pump system, in suite laundry, and excellent energy efficiency. Estimated market rent approximately $2,300/month. • Unit 2: Private 1-bedroom, 1-bath suite with its own power meter, HVAC system, in suite laundry, and hot water tank. Currently rented. • Unit 3: 1-bedroom plus den unit with dedicated heat pump, separate power meter, HVAC system, in suite laundry, and hot water tank. Currently rented. Current rental income is $2,650/month from the two occupied units, with total gross rental income potential of approximately $4,950/month ($59,400 annually) when all units are rented at market rates. Each unit benefits from separately metered electrical service and independent mechanical systems, simplifying management and tenant cost allocation. Adding further value, current zoning permits the construction of an additional unit, creating a rare opportunity to increase density and future revenue on the property. Air BNB potential in this area is massive which brings minimum 300-500$ per night/unit. Whether you are seeking cash-flowing multi asset, or a property with future development potential, this legal triplex offers flexibility, income, and long term upside in one of Nova scotia's strongest lifestyle market.
- Exit 11 from the 103 Highway. Proceed south. Property is on your left halfway down the hill.
- Listing Sub-Area:
- 405-Lunenburg County
- Property Type:
- Multi-Family
- Multi-Family Type:
- Triplex
- Title To Land:
- Freehold
- Building Dimenions:
- 39'.5" x 44'.2" - Jog
- Lot Size:
- 1.02 acre(s)0.41 hectare(s)
- Prop Size:
- 1 to 2.99 Acres
- Commercial / Retail Space:
- No
- # of Rental Units / Occupied:
- 2
- Year built:
- 1801 (Age: 225)
- Exterior Finish:
- Vinyl
- Foundation:
- Concrete, Stone
- Basement:
- Undeveloped, Walkout
- Floor Finish:
- Hardwood, Tile, Vinyl
- Roof:
- Metal
- Heating:
- Baseboard, Fireplace, Heat Pump -Ductless
- Fuel:
- Electric, Wood
- Parking:
- Yes
- Parking Description:
- Parking for 7 cars
- Driveway:
- Gravel
- Water Supply:
- Drilled Well
- Sewer:
- Septic
- Num Units:
- 3
- Num 1 Bed Units:
- 2
- Num 4 Bed Units:
- 1
- # Of Dishwashers:
- 2
- # Of Dryers:
- 3
- # Of Fridges:
- 3
- # Of Microwaves:
- 0
- # Of Stoves:
- 3
- # Of Washers:
- 3
- Rental Income:
- Yes, $31200
- Insurance Expense:
- $2789 /Year
- Taxes Costs:
- $1755 /Year
- Air Conditioning, Power, Storage, Telephone
- Appliances in all 3 units
- Park, Playground, Recreation Center, Shopping, Beach
- Range - Electric, Dishwasher, Dryer, Washer, Refrigerator
- None
- Shed
- No
- Zoning:
- RES
- Possession Info:
- Negotiable
- Elementary School:
- Bayview Community School
- High School:
- Park View Education Centre
- Middle School:
- Bayview Community School
- Listed Date:
- May 21, 2026
- Days on Mkt:
- 29
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Larger map options:
Data was last updated June 19, 2026 at 07:20 AM (UTC)
Area Statistics
- Listings on market:
- 17
- Avg list price:
- $689,900
- Min list price:
- $345,000
- Max list price:
- $1,500,000
- Avg days on market:
- 51
- Min days on market:
- 7
- Max days on market:
- 329
These statistics are generated based on the current listing's property type
and located in
405-Lunenburg County. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- Kiran Babu Mekala
- Sutton Group Professional Realty
- 902 989 5111
- Contact by Email






