ScotianAtlas
PENDING · 104 DAYSMLS® 202611403 · PID 15174097

56 King Street

$174,900

Whole multi-unit propertyASSESSED $178,000 · 2026

Beds4
Lot5,998 sqft lot
Built1918
Style2 Storey
Value & taxesPVSC · GOVERNMENT RECORD
Assessed market · 2026$178,000
Taxable (capped)$101,400
Cap shelter+$76,600
Est. property tax · 2026$1,617/yr

Taxed on $101,400 of a $178,000 assessment$76,600 sheltered by the NS assessment cap, at $1.595 per $100.

HistoryMLS® + REGISTRY
Aug 26, 2026For sale → Pending
May 20, 2026Listed$174,900
Feb 1, 2022Soldregistry$185,000

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$814MORTGAGE $814 · TAX $237/MO
Tax, year one$2,838+$1,221THE CAP RESETS ·
Cash to close$37,604DOWN $34,980 · DTT $2,624 · LEGAL EXTRA

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

Assessment recordPVSC · GOVERNMENT RECORD

2022 – 2026

2022$81,300
2023$94,500
2024$140,300
2025$160,400
2026$178,000

Latest assessment $178,000 vs asking $174,900. A government record, not an estimate — ScotianAtlas computes no consumer valuation.

Sydney Mines median · 2026$116,600
This property$178,000 — between the median and the 75th percentile
Change 2025 → 2026+$17,600 (+11%)

2026 assessments in Sydney Mines run $5,600 to $275,550 (10th–90th percentile, 3,646 properties). Position within the distribution is a fact of the roll, not an opinion of value.

The lotNSPRD PARCEL FABRIC · NOT A LEGAL SURVEY
Area353 m² · 0.09 ac
Perimeter83 m · 272 ft

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

About this home

Welcome to 56 King Street in Sydney Mines. This fully occupied triplex offers a solid investment opportunity for buyers looking to add to their rental portfolio. The property features two one-bedroom units on the main level, one including a den/office space, along with a larger two-bedroom unit on the second floor. Conveniently located close to schools, hospitals, grocery stores, and other local amenities, this property provides practical access for tenants. An additional lot measuring approximately 2,000 sq. ft. is also included in the sale. If you’re looking for an income property with steady rental potential and immediate possession available, 56 King Street is worth a look.

Structure & systemsPVSC + MLS®
StructureNo garage · No finished basement · 3 units
Bedrooms4
Year built1918
FoundationConcrete Perimeter
ExteriorShingle Siding · Vinyl Siding
RoofAsphalt
FlooringLaminate
BasementUnfinished
HeatingBaseboard
INTERIOR
AppliancesStove · Refrigerator
Included3 Fridges 3 Stoves
Land & titleREGISTRY + MLS®
Lot size5,998 sqft
Lot dimensions39'5 X 21+5'2 X 14'9+6 X 24'2
Lot featuresUnder 0.5 Acres
ZoningUR2
RoadPublic
Additional parcelsYes
PID15174097
AAN04370694
TITLE
OwnershipFreehold
PossessionTo Be Negotiated
HSTExempt from HST
Utilities & parkingMLS®
WaterMunicipal
SewerMunicipal
UtilitiesElectricity Connected
Electricity on propertyYes
ParkingDirt
Map
Map of 56 King Street
Listed by Dave Ivey · Royal Lepage Anchor Realty(North Sydney) · MLS® data © Nova Scotia Association of REALTORS®. Nothing here is paid placement.

https://www.scotianatlas.com/listing/202611403 · Retrieved Sep 1, 2026 · NOT A LEGAL SURVEY