ScotianAtlas
FOR SALE · 57 DAYSMLS® 202616711 · PID 40255267

507 Arklow Drive

$599,000

Whole multi-unit propertyASSESSED $511,800 · 2026

Beds4
Baths2
Living area2,257 sqft
Lot4,556 sqft lot
Built1984
StyleSplit Entry
$ / sqft$265
Open houseMLS® · UPCOMING
Sat, Sep 52:00 p.m. – 4:00 p.m. · In Person
Value & taxesPVSC · GOVERNMENT RECORD
Assessed market · 2026$511,800
Taxable (capped)$446,100
Cap shelter+$65,700
Est. property tax · 2026$4,305/yr

Taxed on $446,100 of a $511,800 assessment$65,700 sheltered by the NS assessment cap, at $0.965 per $100.

HistoryMLS® + REGISTRY
Aug 11, 2026Price reducedwas $619,000$599,000
Aug 5, 2026Price reducedwas $649,000$619,000
Jul 7, 2026Listed$649,000
Aug 16, 2023Soldregistry$499,500
Dec 2, 2019Soldregistry$223,400

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$2,787MORTGAGE $2,787 · TAX $412/MO
Tax, year one$4,939+$634THE CAP RESETS ·
Cash to close$128,785DOWN $119,800 · DTT $8,985 · LEGAL EXTRA

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

Assessment recordPVSC · GOVERNMENT RECORD

2022 – 2026

2022$282,800
2023$357,300
2024$407,800
2025$459,400
2026$511,800

Latest assessment $511,800 vs asking $599,000. A government record, not an estimate — ScotianAtlas computes no consumer valuation.

Cole Harbour median · 2026$465,800
This property$511,800 — between the median and the 75th percentile
Change 2025 → 2026+$52,400 (+11.4%)

2026 assessments in Cole Harbour run $350,200 to $633,000 (10th–90th percentile, 7,331 properties). Position within the distribution is a fact of the roll, not an opinion of value.

The lotNSPRD PARCEL FABRIC · NOT A LEGAL SURVEY
Area416 m² · 0.10 ac
Perimeter91 m · 299 ft

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

About this home

An excellent investment opportunity in the heart of Cole Harbour! Both units are vacant and ready for you. All the heavy lifting has been done, allowing you to enjoy the benefits of owning this well-maintained legal over/under multi unit. The upper unit features 3 spacious bedrooms and 1 full bathroom, with recent updates including a new kitchen countertop and a new bathroom vanity. Stay cool with ducted heating and cooling system. The lower unit offers 1 bedroom and 1 full bathroom that has been completely renovated, making it ideal for tenants or extended family. The lower unit has a ductless heat pump for those hot summer days. Recent upgrades include updated electrical, a new hot water tank, and separate laundry facilities in both units for added convenience. Located on a bus route and close to schools, shopping, parks, and other amenities, this property is perfectly positioned for both investors and owner-occupants.

RoomsMLS®

16 measured

Main Floor
Kitchen10.10x8.9
Dining Room10.0x8.9
Living Room12.0x17
Primary Bedroom12.5x11.6
Bedroom8.2x11.6
Bedroom7.11x11.6
Bath 18.6x7.7
Laundry5.7x6.10
Basement
Kitchen16.2x13.8
Living Room16.2x19.7
Bedroom16.2x11.3
Bath 26.2x6.10
Laundry6.2x9.7
Utility6.10x7.6
Storage6.2x7.6
Foyer5.10x8.8
Structure & systemsPVSC + MLS®
StructureNo garage · Finished basement · 2 units
Bedrooms4
Bathrooms2 full
Living area2,257 sq ft
LevelsSplit Entry
Year built1984
FoundationConcrete Perimeter
ExteriorVinyl Siding
RoofAsphalt
FlooringLaminate · Linoleum
BasementFinished
HeatingBaseboard · Furnace · Heat Pump · Ductless
FuelOil
INTERIOR
Interior featuresHigh Speed Internet
AppliancesStove · Dishwasher · Dryer · Washer · Microwave · Refrigerator
AccessibilityNSAR AUDIT FIELDS
Narrowest doorway<30"
Steps at entrancesOne Step · Over 3 Steps
EntrancesFront/Main Entrance · Side Entrance
ThresholdsThreshold over 1/2"

Recorded by the listing brokerage in the NSAR accessibility fields — most portals never show these.

Land & titleREGISTRY + MLS®
Lot size4,556 sqft
Lot dimensions25x46
Lot featuresUnder 0.5 Acres · Landscaped
ZoningR1
Other structuresShed(s)
PID40255267
AAN05553121
Previous MLS®202616744
TITLE
OwnershipFreehold
PossessionNegotiable
HSTExempt from HST
Utilities & parkingMLS®
WaterMunicipal
SewerMunicipal
UtilitiesElectric · Cable Connected · Electricity Connected · Phone Connected
Electricity on propertyYes
Parking spaces2
ParkingNo Garage · Double · Paved
SchoolsMLS®

Catchment

ElementaryGeorge Bissett Elementary School
Junior highSir Robert Borden Junior High School
High schoolCole Harbour District High School
Map
Map of 507 Arklow Drive
Listed by Lisa Rehberg · RE/MAX Nova · MLS® data © Nova Scotia Association of REALTORS®. Nothing here is paid placement.

https://www.scotianatlas.com/listing/202616711 · Retrieved Sep 2, 2026 · NOT A LEGAL SURVEY