Exceptional Investment Opportunity – 6-Unit Apartment Building in Mahone Bay This is a rare opportunity to own a well-maintained, fully leased 6-unit apartment building in the heart of Mahone Bay — one of Nova Scotia’s most iconic and desirable oceanfront communities. Perfect for out-of-province and international buyers, this property is exempt from the 10% Non-Resident Deed Transfer Tax. Situated on a 0.26-acre lot, the property offers a combination of charm, functionality, and investment potential. The building features six spacious units, each approximately 800 square feet, with two bedrooms, one full bath, a bright living room, and an eat-in kitchen. Tenants enjoy off-street paved parking, coin-operated laundry, and individual storage lockers. The building is connected to municipal water and sewer, offering added convenience for owners and tenants alike. The property has been very well maintained, with recent upgrades including attic insulation, a vapor barrier in the crawl space, newer windows, a newer furnace, hot water tank, and oil tank. Located within easy walking distance to all of Mahone Bay’s amenities — including grocery stores, the post office, pharmacy, restaurants, and the scenic waterfront — this property delivers on both lifestyle and investment value. With consistent rental demand and minimal vacancy, this turn-key asset is an excellent addition to any real estate portfolio and a smart investment in one of Nova Scotia’s most sought-after communities.
For sale
C$975,000
68 Spruce St, Mahone Bay, NS B0J 2E0
12beds
--baths
1,920sqft
Multi Family
Built in 1971
-- sqft lot
$-- Zestimate®
C$508/sqft
C$-- HOA
What's special
Spacious unitsOff-street paved parkingCoin-operated laundryIndividual storage lockers
- 13 days
- on Zillow |
- 67 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: July 07, 2025 at 12:13pm
Listed by:
Ingrid Ostrom,
Red Door Realty Brokerage
Source: NSAR,MLS®#: 202516867
Originating MLS®#: Nova Scotia Association of REALTORS®

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
Heating
- Baseboard, Furnace, Radiant
Appliances
- Included: Stove, Dryer, Washer, Refrigerator
- Laundry: Laundry
Features
- Locker, Storage
- Flooring: Carpet, Laminate
- Basement: Partially Finished
Interior area
- Total structure area: 1,920
- Total interior livable area: 1,920 sqft
Property
Parking
- Parking features: Paved, Parking
- Details: Parking Details(Plenty Of Off Street Parking In Paved Lot)
Features
- Stories: 3
Lot
- Size: 0.26 Square Feet
- Features: Under 0.5 Acres
Details
- Parcel number: 60372083
- Zoning: Apartment
- Other equipment: No Rental Equipment
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1971
Utilities & green energy
- Gas: Oil
- Sewer: Municipal
- Water: Municipal
Community & HOA
Community
- Features: Park, Playground, Recreation Center, School Bus Service, Shopping, Marina, Place of Worship, Beach
Location
- Region: Mahone Bay
Financial & listing details
- Price per square foot: C$508/sqft
- Price range: C$975K - C$975K
- Date on market: 7/7/2025
- Inclusions: 6 Fridges 6 Stoves 1 Washer (Coin Operated)1 Dryer (Coin Operated)
- Ownership: Freehold
- Total actual rent: 75300
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