42 Cornwall Road, Blockhouse
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. (id:1945)
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Property details for 42 Cornwall Road, Blockhouse
- Type
- Residential
- Bedrooms
- 6
- Bathrooms
- 4
- Living Area
- 2,700 square feet
- Lot Size
- 1.02
- Stories
- 1.5
- Parking
- Parking Space(s), Gravel
- Heating
- Heat Pump, Baseboard heaters, Electric, Wood, Ductless
- Cooling
- Air Conditioned
- Exterior
- Vinyl
- Ownership
- Freehold
Nearby Listings Stat
Estimated price and comparable properties near 42 Cornwall Road
Active Listings
1
Min Price
$649,900
Max Price
$649,900
Avg Price
$649,900
Days on Market
119
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Price History
Listed
May 21, 2026
by Sutton Group Professional Realty
Current Price
$649,900
-5.8% from last change
Type
Residential
For Sale
Price Changes
5
| Date | Price | Change |
|---|---|---|
| Current | $649,900 | $40,000 (-5.8%) |
| Jul 9, 2026 | $689,900 | $85,000 (-11%) |
| Jun 22, 2026 | $774,900 | $75,000 (-8.8%) |
| Jun 15, 2026 | $849,900 | $50,000 (-5.6%) |
| Jun 4, 2026 | $899,900 | +$800,900 (+809%) |
| May 21, 2026 | $99,000 | Listed |
Contact Agent Get in touch about 42 Cornwall Road, Blockhouse
Kiran Babu Mekala
Sutton Group Professional Realty
