42 Highway 330, BARRINGTON PASSAGE

2026-07-03
 

Quick Summary

Location
42 Highway 330, BARRINGTON PASSAGE, Nova Scotia B0W1G0
Price
$725,000 CAD
Status:
For Sale
Property Type:
Other
Year of Construction:
1999

MLS®#202616309

Property Description

**Waterfront properties generate attention. Waterfront investments generating a 10.07% CAP rate are much harder to find.** This exceptional mixed-used investment combines strong cash flow, dependable tenants, and one of the area's most desirable waterfront locations. Offered at $725,000 with a Net Operating Income at $73,000 annually, this turnkey asset delivers an attractive 10.07% CAP rate while providing the long-term security of diversified income streams. The property features a well-established commercial tenant occupying both ground-floor units, creating stable, reliable revenue, while the upper level offers five spacious one-bedroom residential suites. Each waterfront-facing apartment includes its own private balcony overlooking the ocean - an increasingly rare feature that supports strong rental demand, premium occupancy, and long-term tenant retention. Perfectly positioned on the water's edge, tenants enjoy spectacular ocean views with the convenience of restaurants, shopping, services, and transit just steps away. Additional income is generated through coin-operated laundry, while the large on-site parking lot provides added value for both residential and commercial tenants. A live-in superintendent is already in place and may be retained, making this an ideal opportunity for investors seeking efficient, hands-off management. Whether you're expanding an existing piortfolio or acquiring a flagship waterfront asset, this property offers the qualities experienced investors value most; consistent cash flow, diversified income, a proven rental history, limited maintenance concerns, and an irreplaceable waterfront location with long-term appreciation potential. Investment opportunities offering this combination of yield, stability, and location are increasingly rare. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Shopping, Water Nearby

Building

  • Amenities: Laundry Facility, Living Accommodation
  • Cooling Type: Air Conditioned
  • Fireplace: No
  • Flooring Type: Other
  • Utility Water: Drilled Well

Land

  • Land Size: 0.2811 ac|under 1/2 acre

Ownership

  • Type: Freehold

Information entered by Royal Lepage Atlantic (Mahone Bay)
Listing information last updated on: 2026-07-02 18:52:49


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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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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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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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