42 Cornwall Road
Whole multi-unit propertyASSESSED $505,700 · 2026
Taxed on $365,000 of a $505,700 assessment — $140,700 sheltered by the NS assessment cap, at $0.810 per $100.
| May 21, 2026 | Listed | $899,900 |
| Apr 19, 2022 | Soldregistry | $90,000 |
Every relist, cut, and recorded sale, no wall. The incumbent reserves this table for its clients.
ARITHMETIC ON PUBLISHED RATES — NOT A QUOTE, NOT ADVICE · SNS DEED-TRANSFER LIST JULY 2026
- Parcel DossierSix sections, one document — the parcel, the ground, the ledger, the evidence, the cost, the screens.MEMBER · READY›
- Site Plan · TerrainS-1 and S-2 — dimensions, then the ground in section. Lot on record: 1.02 acres.MEMBER · 2 SHEETS›
- Tax & closingYear one $4,096 — $1,139 more than the seller pays today, because the cap resets on sale.FREE›
- Sold compsRegistry sales around this parcel, on your own radius and window.MEMBER›
- CompareHold this beside your finalists — asking, $/sqft against the area, tax after purchase.FREE›
Latest assessment $505,700 vs asking $649,900. A government record, not an estimate — ScotianAtlas computes no consumer valuation.
2026 assessments in Blockhouse run $5,500 to $475,500 (10th–90th percentile, 581 properties). Position within the distribution is a fact of the roll, not an opinion of value.
Compiled from provincial mapping — approximate, not a legal survey. Full dimensions and print live on the Site Plan sheet.
INVESTMENT OPPORTUNITY – FULLY RENOVATED LEGAL TRIPLEX WITH EXPANSION POTENTIAL NEAR MAHONE BAY Potential Gross Income: Approximately $59,400/Year Rare opportunity to acquire a fully renovated legal triplex on Nova Scotia's highly desirable South Shore. Extensively rebuilt from the studs, this turnkey income property combines historic charm with modern systems, significantly reducing future capital expenditure concerns for investors. Situated on a 1.02-acre lot just minutes from Mahone Bay, Lunenburg, and the South Shore Adventure Trail, the property offers strong rental appeal in one of Nova Scotia's most sought-after regions. The building consists of three legal units: • Unit 1: Spacious 4-bedroom, 2-bath owner's suite featuring an efficient heat pump system, in suite laundry, and excellent energy efficiency. Estimated market rent approximately $2,300/month. • Unit 2: Private 1-bedroom, 1-bath suite with its own power meter, HVAC system, in suite laundry, and hot water tank. Currently rented. • Unit 3: 1-bedroom plus den unit with dedicated heat pump, separate power meter, HVAC system, in suite laundry, and hot water tank. Currently rented. Current rental income is $2,650/month from the two occupied units, with total gross rental income potential of approximately $4,950/month ($59,400 annually) when all units are rented at market rates. Each unit benefits from separately metered electrical service and independent mechanical systems, simplifying management and tenant cost allocation. Adding further value, current zoning permits the construction of an additional unit, creating a rare opportunity to increase density and future revenue on the property. Air BNB potential in this area is massive which brings minimum 300-500$ per night/unit. Whether you are seeking cash-flowing multi asset, or a property with future development potential, this legal triplex offers flexibility, income, and long term upside in one of Nova scotia's strongest lifestyle market.
Recorded by the listing brokerage in the NSAR accessibility fields — most portals never show these.
https://www.scotianatlas.com/listing/202611600 · Retrieved Sep 1, 2026 · NOT A LEGAL SURVEY