21 days on Market

12-22 Penwood Lane, Upper Hammonds Plains, Nova Scotia B4B 2J1

Townhouse
12
-
- sqft
$2,325,000
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Townhouse
12
-
- sqft

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Highlights

Property Estimate

Days on market21 days

Estimated valueNot available

Price/Sqft-

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Description

Rare opportunity to acquire a newly built six-unit bungalow townhouse building, offering a total of 6 modern residential units designed for long-term rental appeal, low-maintenance ownership, and strong tenant demand. Less than five years old, these slab-on-grade units provide investors with the confidence of newer construction, efficient systems, and a highly marketable unit mix. Each unit features a bright and functional bungalow-style layout with 2 bedrooms, 2 full bathrooms, an attached garage, stainless steel appliances, stone countertops, and a ductless heat pump providing efficient heating and cooling year-round. The single-level design appeals to a wide range of tenants, including downsizers, professionals, small families, and those seeking accessible, low-maintenance living. With modern finishes, private garages, and individual townhouse-style entrances, this offering stands apart from traditional apartment-style rentals. The combination of newer construction, desirable layouts, and durable finishes helps support tenant retention while reducing the capital improvement concerns often associated with older multi-unit assets. Purpose-built for today’s rental market, this is an excellent opportunity for investors seeking a stabilized, turnkey multi-residential asset with strong curb appeal, efficient operation, and long-term income potential. Units are currently at 100 percent occupancy! **Additional 6-units also available. Option for mortgage assumption or share sale to save on fees and streamline the process!


Property Details

StyleOther
View-
Age of property2023
SqFt-
Lot Size-
Parking Spaces-
MLS ®Number202609109
Community NameUpper Hammonds Plains
Data SourceNSAR
Listing byColdwell Banker Maritime Realty

Features

Heating: Baseboard, Ductless

Property History

Apr 30, 2026
ListedActive
$2,325,000
21 days on market
history photo preview44
Listing by nsar®
Property listed by Coldwell Banker Maritime Realty, Brokerage
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Market Data - Upper Hammonds Plains

Geo Zone Map ThumbnailUpper Hammonds Plains

Strong Seller's Market

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Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

New Listings

Past 30 days

3 listings

Compared to

Units sold

Past 30 days

0 unit

Compared to

Median Sold Price

Past 30 days

$0

Compared to


Population and Demographics

Overview

Total population 1069
Average household income $157,150

Age (%)

0 to 19
32%
20 to 34
15%
35 to 49
26%
50 to 64
20%
65 and plus
7%

Household composition (%)

Single family
86%
Single person
12%
Multi person
2%
Multi family
0%

Mother tongue (%)

English
94%
French
3%
Others
2%

House tenancy (%)

Owners
90%
Renters
10%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget