$ 619,000

118 Kings Road, Sydney

This waterfront triplex in Sydney offers a rare opportunity with endless potential. Conveniently located within walking distance to downtown and situated on a bus route, this property combines character, location, and versatility. Built with quality materials, the building still showcases much of its original charm, including stained glass windows, a grand wood staircase, tall hardwood baseboards, and original trim. Recent upgrades include a new large hot water tank, oil tank, and furnace. Currently zoned residential, the property was previously used commercially and has the potential for zoning changes to accommodate a variety of future uses. Whether youre looking for a residential income property, commercial space, or a unique family home, this 9-bedroom property offers incredible flexibility. The purchase also includes a rare submerged water lot, providing the opportunity to build a dock or further develop into the waterfront. All three units will be vacant upon closing, making this an ideal opportunity for investors. (id:1945)
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Property details for 118 Kings Road, Sydney

Type
Multi-family
Lot Size
0.854
Basement
Partially finished, Full
Parking
Paved Yard, Parking Space(s)
Heating
Baseboard heaters, Oil, Electric
Exterior
Vinyl
Ownership
Freehold

Nearby Listings Stat

Estimated price and comparable properties near 118 Kings Road

Active Listings
79
Min Price
$17,500
Max Price
$980,000
Avg Price
$336,386
Days on Market
67
days
Sold Listings
24
Min Sold Price
$20,000
Max Sold Price
$450,000
Avg Sold Price
$255,004
Days until Sold
75
days

Neighbourhood Census Data

Cape Breton, Nova Scotia / Nouvelle-Écosse

Population
307
Median Age
57.8
Median Income
$30,208
Dwelling Value
$160,328

Housing Tenure

Owners 61%
Renters 39%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 1.8
Pop. Density: 1,928.4/km²
Avg Shelter Cost: $950/mo
Owners with Mortgage: 40%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 50%
English only: 91.9%
English and French: 6.5%
Median Household Income: $49,408
Median Employment Income: $28,672

Price History

Listed
May 18, 2026
by RE/MAX Park Place Inc.
Current Price
$619,000
-6.1% from last change
Type
Multi-family
For Sale
Price Changes
1
Date Price Change
Current $619,000 $40,000 (-6.1%)
Jun 17, 2026 $659,000 Listed

Contact Agent Get in touch about 118 Kings Road, Sydney

Jacquie Heading
Jacquie Heading
RE/MAX Park Place Inc.

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