A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 211 Forbes St, New Glasgow Nova Scotia B2H 4P2
4 hours on Market

211 Forbes St, New Glasgow, Nova Scotia B2H 4P2

Detached
6
-
- sqft
$279,000
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Detached
6
-
- sqft

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Property Estimate

Days on market4 hours

Estimated valueNot available

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Description

Turn-key 4-unit income property in a central New Glasgow location, just minutes from downtown amenities, shopping, restaurants, and transit. This well-maintained building includes four self-contained units two 1-bedroom units and two 2-bedroom unit all on fixed-term leases. Each unit has electric baseboard heat, with tenants responsible for their own utilities, helping keep operating costs low. The property is clean, well cared for, and efficiently managed, making it a solid, low-maintenance investment. It currently operates with a positive cash flow. Once the fourth unit is fully rented, the income increases significantly, bringing the cap rate up without the need for major renovations or upgrades. Central location near downtown New Glasgow Strong income today with clear upside Turn-key multi-unit investment A great opportunity for investors looking for steady cash flow now and stronger returns ahead.


Property Details

StyleOther
View-
Age of property-
SqFt-
Lot Size-
Parking Spaces-
MLS ®Number202601445
Community NameNew Glasgow
Data SourceNSAR
Listing byEXP Realty of Canada Inc.

Features

Heating: Baseboard
Basement: Unfinished, Walk-Out Access

Property History

Jan 24, 2026
ListedActive
$279,000
4 hours on market
history photo preview16
Listing by nsar®
Property listed by EXP Realty of Canada Inc., Brokerage
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Market Data - New Glasgow

Geo Zone Map ThumbnailNew Glasgow

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

112 days

Compared to

2025

90 days

2024

14 days

2023

44 days

New Listings

Past 30 days

3 listings

Compared to

2025

6 listings

2024

6 listings

2023

6 listings

Units sold

Past 30 days

2 units

Compared to

2025

11 units

2024

2 units

2023

5 units

Median Sold Price

Past 30 days

$236,250

Compared to

2025

$270,000

2024

$52,500

2023

$245,000


Population and Demographics

Overview

Total population 8801
Average household income $100,020

Age (%)

0 to 19
19%
20 to 34
16%
35 to 49
17%
50 to 64
21%
65 and plus
26%

Household composition (%)

Single family
54%
Single person
42%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
96%
Others
2%
French
1%

House tenancy (%)

Owners
57%
Renters
43%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget