211 Forbes Street, NEW GLASGOW

2026-01-24
 

Quick Summary

Location
211 Forbes Street, NEW GLASGOW, Nova Scotia B2H4P2
Price
$279,000 CAD
Status:
For Sale
Property Type:
Multi-family

MLS®#202601445

Property Description

Turn-key 4-unit income property in a central New Glasgow location, just minutes from downtown amenities, shopping, restaurants, and transit. This well-maintained building includes four self-contained units two 1-bedroom units and two 2-bedroom unit all on fixed-term leases. Each unit has electric baseboard heat, with tenants responsible for their own utilities, helping keep operating costs low. The property is clean, well cared for, and efficiently managed, making it a solid, low-maintenance investment. It currently operates with a positive cash flow. Once the fourth unit is fully rented, the income increases significantly, bringing the cap rate up without the need for major renovations or upgrades. Central location near downtown New Glasgow Strong income today with clear upside Turn-key multi-unit investment A great opportunity for investors looking for steady cash flow now and stronger returns ahead. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Park, Playground, Public Transit, Shopping, Place of Worship

Building

  • Appliances: Oven - Electric, Refrigerator
  • Exterior Finish: Wood shingles, Vinyl
  • Fireplace: No
  • Flooring Type: Hardwood, Laminate, Vinyl
  • Building Type: Fourplex
  • Utility Water: Municipal water

Land

  • Land Size: 0.1069 ac
  • Sewer: Municipal sewage system

Ownership

  • Type: Freehold

Information entered by EXP Realty of Canada Inc.
Listing information last updated on: 2026-01-24 15:09:58


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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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