55 Forest Street, Yarmouth
Discover an exceptional investment opportunity with this well-established, turn-key multi-unit boarding home offering strong, reliable income and full occupancy with a waiting list. This all-inclusive business is housed in a beautifully maintained turn-of-the-century home that seamlessly blends timeless character with modern functionality. Rich in architectural charm, the property features spacious accommodations and an inviting atmosphere that has earned a solid reputation within the community. Whether you're an experienced investor or looking to expand your portfolio with a proven income property, this fully operational business offers immediate cash flow from day one. This rare offering presents the perfect combination of historic elegance, business stability, and outstanding investment potential. (id:1945)
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Property details for 55 Forest Street, Yarmouth
- Type
- Multi-family
- Lot Size
- 0.2237
- Basement
- Unfinished, Full
- Parking
- Paved Yard, Parking Space(s), Gravel
- Heating
- Baseboard heaters, Oil, Electric, Radiator, Hot Water, Furnace
- Exterior
- Wood siding
- Ownership
- Freehold
Nearby Listings Stat
Estimated price and comparable properties near 55 Forest Street
Active Listings
59
Min Price
$35,000
Max Price
$1,400,000
Avg Price
$335,793
Days on Market
163
days
Sold Listings
9
Min Sold Price
$54,900
Max Sold Price
$429,000
Avg Sold Price
$266,833
Days until Sold
187
days
Neighbourhood Census Data
Yarmouth, Nova Scotia / Nouvelle-Écosse
Population
390
Median Age
50
Median Income
$28,864
Dwelling Value
$125,176
Housing Tenure
Owners 51%
Renters 49%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.9
Pop. Density: 1,597.1/km²
Avg Shelter Cost: $982/mo
Owners with Mortgage: 52.4%
Owners Spending 30%+: 23.8%
Tenants Spending 30%+: 61.1%
English only: 80.5%
English and French: 20.8%
Median Household Income: $43,136
Median Employment Income: $24,256
Price History
Listed
July 31, 2026
by RE/MAX Banner Real Estate(Yarmouth)
Current Price
$429,000
Type
Multi-family
For Sale