ScotianAtlas
FOR SALE · 19 DAYSMLS® 202620769 · PID 60106440

7402 3 Highway

$589,000

Whole multi-unit propertyASSESSED $336,400 · 2026

Beds6
Lot0.95 acres
Built1930
Style2 Storey
Value & taxesPVSC · GOVERNMENT RECORD
Assessed market · 2026$336,400
Taxable (capped)$336,400
Est. property tax · 2026$2,304/yr

Taxed on $336,400 of a $336,400 assessment, at $0.685 per $100.

HistoryMLS® + REGISTRY
Aug 15, 2026Listed$589,000

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$2,741MORTGAGE $2,741 · TAX $192/MO
Tax, year one$2,304+$0THE CAP RESETS ·
Cash to close$126,635DOWN $117,800 · DTT $8,835 · LEGAL EXTRA

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

Assessment recordPVSC · GOVERNMENT RECORD

2022 – 2026

2022$222,700
2023$301,300
2024$317,500
2025$342,000
2026$336,400

Latest assessment $336,400 vs asking $589,000. A government record, not an estimate — ScotianAtlas computes no consumer valuation.

Martins River median · 2026$160,800
This property$336,400 — between the median and the 75th percentile
Change 2025 → 2026−$5,600 (−1.6%)

2026 assessments in Martins River run $4,240 to $593,560 (10th–90th percentile, 213 properties). Position within the distribution is a fact of the roll, not an opinion of value.

The lotNSPRD PARCEL FABRIC · NOT A LEGAL SURVEY
Area1,443 m² · 0.36 ac
Perimeter177 m · 582 ft

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

About this home

Located just minutes from the town of Mahone Bay, this multi-unit apartment house in the heart of Martins River has had numerous upgrades in recent years including: roofing (metal and asphalt) drywall, kitchens, baths, flooring and ductless heat-pumps. The building consists of five one-bedroom units totaling 2,600 sq. ft. with all units fully occupied. The property has ample parking, a large back yard and adjacent the building a 24 ft. by 24 ft detached garage. The land is comprised of two side-by-side lots: one occupied by the building consisting of 15,500 sq. ft. of level land and the second vacant parcel consisting of 25,800 sq. ft. for a total of just under one acre of land. This property would lend itself for further expansion - either for residential use or for any number of commercial enterprises. The convenient location has always insured stable occupancy and revenue.

Structure & systemsPVSC + MLS®
StructureNo finished basement · 5 units
Bedrooms6
Stories2
FoundationConcrete Perimeter
ExteriorVinyl Siding
RoofMetal
FlooringCarpet · Laminate · Tile · Vinyl
BasementCrawl Space
HeatingBaseboard · Ductless
CoolingAir Conditioning
INTERIOR
Interior featuresStorage
AppliancesElectric Range · Refrigerator · Stove
IncludedFive Fridges And Five Stoves.
Land & titleREGISTRY + MLS®
Lot size0.9481 acres
Lot dimensions25'x36'+16'5x34'+6'5x9'5+12'5x20'+16'x15'
Lot features0.5 to 0.99 Acres
Zoningres
RoadPublic
Patio & porchDeck
Additional parcelsYes
PID60106440
AAN00215635
TITLE
OwnershipFreehold
PossessionNegotiable.
HSTExempt from HST
Utilities & parkingMLS®
WaterDrilled Well
SewerSeptic Tank
UtilitiesPower · Electricity Connected
Electricity on propertyYes
GarageYes
ParkingGravel · Parking Spaces(s)
Map
Map of 7402 3 Highway
Listed by Michael Wilson · Engel & Volkers (Lunenburg) · MLS® data © Nova Scotia Association of REALTORS®. Nothing here is paid placement.

https://www.scotianatlas.com/listing/202620769 · Retrieved Sep 3, 2026 · NOT A LEGAL SURVEY