507 King Street
Whole multi-unit property$725,000A rare opportunity offering exceptional space, versatility, and value. With over 3,800 sq ft of quality-built living space on an impressive 19,500sqft (0.45 acre) corner lot, this property presents endless possibilities for homeowners, investors, or entrepreneurs alike. Fully Renovated in 2009, the main residence spans approximately two-thirds of the building and is thoughtfully designed for comfortable, one-level living with wide hallways, generous entryways, and a seamless layout make this home both functional and inviting. The spacious kitchen is a standout feature, complete with quality cabinetry, ample counter space, and a large pantry, flowing naturally into the bright dining area filled with natural light. The living room offers a built-in entertainment centre and fireplace, creating a warm and welcoming atmosphere. This section includes 3 bedrooms and 2 full bathrooms, including a well-appointed primary suite featuring custom closet organization and a private ensuite with both a shower and soaker tub. In-floor heating throughout the main living area ensures year-round comfort. Additional highlights include a massive mudroom, abundant storage, an attached garage/workshop, and access to a private back patio ideal for outdoor enjoyment. The remaining portion of the building, previously operated as a clinic, offers incredible flexibility. With its own entrances, parking access, laundry, bathroom, reception area, office space, and storage rooms, this area could easily be converted into a secondary residential unit, in-law suite, rental opportunity, or continued commercial use. Separate power meters and heating systems allow for independent operation and billing. Positioned on a high-visibility corner lot with parking available at the front, side, and rear, this property is perfectly suited for a live-work setup or income-generating investment. A property of this size, quality, and versatility at this price point is truly a rare find.
Latest assessment $329,400 vs asking $725,000. A government record, not an estimate — ScotianAtlas computes no consumer valuation.
Five most recent assessment years held — the full depth of the published PVSC roll. Nothing is withheld by tier here: no account or membership opens a longer series.
MLS® + REGISTRY — every relist, cut, and recorded sale, no wall. The incumbent reserves this table for its clients.
Taxed on $225,900 of a $329,400 assessment — $103,500 sheltered by the NS assessment cap, at $1.595 per $100.
2026 assessments in New Waterford run $4,900 to $235,700 (10th–90th percentile, 3,251 properties). Position within the distribution is a fact of the roll, not an opinion of value.
ARITHMETIC ON PVSC + MUNICIPAL RATE RECORDS · NOT A VALUATION. A new cap accrues only after the buyer’s first full assessment year.
See it on the Tax & closing sheet, with deed transfer and registry fees ›
ARITHMETIC ON PUBLISHED RATES — NOT A QUOTE, NOT ADVICE · LEGAL FEES AND ADJUSTMENTS ARE EXTRA AND NOT ON RECORD · SNS DEED-TRANSFER LIST JULY 2026
Dimensions are GIS-derived (±0.5 m) and not a legal survey. The capped figure is the seller’s, and it resets on sale — see Owning above. Full dimensions and print live on the Site Plan sheet.
Catchments change. Confirm with the regional centre for education before relying on this.
- 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: 19,502 sqft lot.MEMBER · 2 SHEETS
- Tax & closingYear one $5,252 — $1,650 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
https://www.scotianatlas.com/listing/202614340 · Retrieved Sep 4, 2026 · NOT A LEGAL SURVEY