53-55-57 Forrest Street, SYDNEY MINES

2025-11-25
 

Quick Summary

Location
53-55-57 Forrest Street, SYDNEY MINES, Nova Scotia B1V2B2
Price
$179,000 CAD
Status:
For Sale
Property Type:
Multi-family
Video Link:

MLS®#202528551

Property Description

Investor Alert! Whether youre just starting your rental portfolio or expanding it, this income-producing triplex in a great Sydney Mines location is one to consider. The building offers two one-bedroom units both on the upper level, and a spacious three-bedroom, two-bathroom unit on the lower level, which has been recently updated with newer bathroom flooring, a refreshed vanity/sink, and was updated with some mudding and paint. This apartment is clean, fresh and move in ready for the next tenants! The property has also seen significant exterior improvements, including partial roof replacement, all-newer siding with level wall insulation, and a new back stairway and patio completed, all done in October 2025. A sump pump is in place in the basement for added peace of mind. Each unit is separately metered, with tenants paying their own heat and electricity. The owner currently pays water and property taxes. The basement offers a designated laundry area, ideal for installing coin-operated machines to generate additional income. A few minor renovations and exterior clean-up items are still in progress. Conveniently located right behind the police station, this property presents a strong investment opportunity with excellent rental potential. A promising addition to any investment portfolio! (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Public Transit, Shopping

Building

  • Appliances: Stove, Refrigerator
  • Exterior Finish: Vinyl
  • Fireplace: No
  • Flooring Type: Laminate, Vinyl
  • Building Type: Triplex
  • Utility Water: Municipal water

Features

  • Feature: Sump Pump

Land

  • Land Size: 0.2089 ac
  • Sewer: Municipal sewage system

Ownership

  • Type: Freehold

Information entered by EXP Realty of Canada Inc.
Listing information last updated on: 2025-11-29 14:40:02


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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty East Inc’s posted commission rates compared to a brokerage charging 5%. (HST is extra). Not all agents charge the same.

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What is the deal exactly, with One Percent Realty East?

We are a fully licensed real estate brokerage offering the same top-tier services and exposure as the big names in the industry—but at a lower commission rate. Here's what you can expect when you work with us: ✅ Full MLS® system listing ✅ Exposure on all major internet real estate platforms ✅ Professional signage (where permitted) ✅ Property showings and open houses ✅ Strategic advertising to attract buyers ✅ Skilled negotiation to secure the best deal ✅ Seamless conveyancing to ensure a smooth closing With us, you’re getting everything you need to sell your property successfully—just without the high commission fees.

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What do you charge?

Simple, Transparent Pricing—No Surprises! Our commission structure is designed to save you money while providing top-tier service: • Residential Properties Under $400,000: $7,950 • Residential Properties Between $400,000 and $900,000: $9,950 • Residential Properties Over $900,000: 1% of the sale price + $950 Plus applicable taxes. Optional Flexibility: You have the option to offer additional commission to the buyer's agent. The choice is entirely yours! For commercial properties, farms, or development properties, please contact a One Percent Realty East agent directly or fill out the market evaluation form at the bottom right of our website. An agent will be in touch to discuss your specific needs. It’s that simple. Maximum service, minimum commission!

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