ScotianAtlas
FOR SALE · 105 DAYSMLS® 202611330 · PID 15100100

120-124 Colby Street

$259,000

Whole multi-unit propertyASSESSED $252,000 · 2026

Beds6
Lot5,898 sqft lot
Built1900
Style2 Storey
Value & taxesPVSC · GOVERNMENT RECORD
Assessed market · 2026$252,000
Taxable (capped)$212,300
Cap shelter+$39,700
Est. property tax · 2026$3,385/yr

Taxed on $212,300 of a $252,000 assessment$39,700 sheltered by the NS assessment cap, at $1.595 per $100.

HistoryMLS® + REGISTRY
May 19, 2026Listed$289,000
Dec 2, 2024Soldregistry$275,000
Jul 26, 2022Soldregistry$225,000
May 14, 2021Soldregistry$110,000

Every relist, cut, and recorded sale, no wall. The incumbent reserves this table for its clients.

Owning this homeCOMPUTED FROM GOVERNMENT RECORDS · NOT A VALUATION
Monthly, all in$1,205MORTGAGE $1,205 · TAX $335/MO
Tax, year one$4,018+$633THE CAP RESETS ·
Cash to close$55,685DOWN $51,800 · DTT $3,885 · LEGAL EXTRA

ARITHMETIC ON PUBLISHED RATES — NOT A QUOTE, NOT ADVICE · SNS DEED-TRANSFER LIST JULY 2026

Assessment recordPVSC · GOVERNMENT RECORD

2022 – 2026

2022$145,300
2023$164,900
2024$177,400
2025$207,000
2026$252,000

Latest assessment $252,000 vs asking $259,000. A government record, not an estimate — ScotianAtlas computes no consumer valuation.

Sydney median · 2026$170,500
This property$252,000 — in the top quarter
Change 2025 → 2026+$45,000 (+21.7%)

2026 assessments in Sydney run $2,960 to $328,940 (10th–90th percentile, 10,997 properties). Position within the distribution is a fact of the roll, not an opinion of value.

The lotNSPRD PARCEL FABRIC · NOT A LEGAL SURVEY
Area242 m² · 0.06 ac
Perimeter76 m · 251 ft

Compiled from provincial mapping — approximate, not a legal survey. Full dimensions and print live on the Site Plan sheet.

About this home

Located in a highly sought after area of Sydney, this amazing investment opportunity awaits you; welcome to 120-124 Colby Street!! This fabulous duplex offers a pair of spacious units, both with 3 bedrooms and both consisting of a kitchen, living room, dining room, 3 bedrooms and a 4-piece bathroom. One of the units has been completely renovated (new flooring, kitchen and an additional 2-Pc Bathroom). This unit also features a large primary bedroom with its oversized walk-in-closet. The second unit has had many additional upgrades. Both units are self contained and tenants are responsible for their own heat and electricity. This duplex could either serve solely as income property or, alternatively, the owner might choose to occupy one unit while collecting rent from the other. Both units have their own separate backyards. This property is ideally situated within a short distance to walking trails, schools, the Cape Breton Regional Hospital, bus stops and all the amenities in the downtown core. This unique opportunity awaits you!!

Structure & systemsPVSC + MLS®
StructureNo garage · No finished basement · 2 units
Bedrooms6
Year built1900
FoundationConcrete Perimeter · Stone
ExteriorAluminum Siding
RoofAsphalt
FlooringCarpet · Hardwood · Laminate · Vinyl
BasementUnfinished
HeatingBaseboard · Furnace · Hot Water · Radiator
FuelOil
INTERIOR
AppliancesStove · Dryer · Washer · Refrigerator
Land & titleREGISTRY + MLS®
Lot size5,898 sqft
Lot dimensions38xx33(11x8.6)+(20x5)+1(2x6)+(8)
Lot featuresUnder 0.5 Acres
ZoningRU2
RoadPublic
Patio & porchDeck
Other structuresShed(s)
Additional parcelsYes
PID15100100
TITLE
OwnershipFreehold
PossessionTbd
Utilities & parkingMLS®
WaterMunicipal
SewerMunicipal
ParkingDriveway · Paved
Open parkingYes
SchoolsMLS®

Catchment

ElementaryBrookfield Elementary School
Junior highMalcolm Munroe Memorial Junior High School
High schoolSydney Academy
Map
Map of 120-124 Colby Street
Listed by Heather Grant · Coldwell Banker Boardwalk Realty · MLS® data © Nova Scotia Association of REALTORS®. Nothing here is paid placement.

https://www.scotianatlas.com/listing/202611330 · Retrieved Sep 1, 2026 · NOT A LEGAL SURVEY