11 days on Market

121 Water St, Shelburne, Nova Scotia B0T 1W0

Detached
8
4 + 1
~3819 sqft
$438,000
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Detached
8
4 + 1
~3819 sqft

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Highlights

Property Estimate

Days on market11 days

Estimated valueNot available

Price/Sqft$114/sqft

Monthly cost

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Description

A rare opportunity to own two neighbouring properties in the heart of Shelburne and never before listed on the MLS. While each property is available individually, purchasing both offers added flexibility, scale, and potential in a prime central location. The landmark Water Street property, never before listed on MLS, was originally built in the late 1800s and documented as the former Bank of Commerce in 1910. Rich in history and character, this spacious home offers approximately 3,819 sq. ft. of finished living space plus a full basement and attic. Once configured as a four-unit dwelling, it retains multiple entrances, five electrical meters, and four hot water tanks, while serving as a single-family home for the past 25 years. Features include soaring ceilings, a grand arched entrance, wood-burning fireplace, former bank vault converted to a pantry, approximately eight potential bedrooms, 3.5 bathrooms, and a primary suite with water views, walk-in closet, and ensuite. A detached shed with plumbing and electricity offers excellent potential with updating. Also included is 8 St. Patrick’s Lane, a separate 0.12-acre parcel featuring a substantial workshop/storage building measuring approximately 55’5” x 42’2”, complete with electrical service, high ceilings, and a partial upper level. Together, these properties offer exceptional versatility for residential living, workspace, investment, or future income potential where permitted by town bylaws —an uncommon opportunity in a sought-after downtown location.


Property Details

StyleOther
ViewHarbour, Ocean
Age of property-
SqFt~3819 SqFt
Lot Size-
Parking Spaces-
MLS ®Number202616457
Community NameTown of Shelburne
Data SourceNSAR
Listing byRoyal Lepage Atlantic (Mahone Bay)

Features

Heating: Baseboard, Fireplace(s), Heat Pump
Basement: Unfinished

Main Floor Floor

Bath 1

4'10 x 10'10

Living Room

19'9 x 21'3

Bedroom

9'0 x 14'4

Dining Room

20'1 x 11'3


Features

Patio: Deck

Property History

Jul 3, 2026
ListedActive
$438,000
11 days on market
history photo preview47
Listing by nsar®
Property listed by Royal Lepage Atlantic (Mahone Bay), Brokerage
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Market Data - Town of Shelburne

Geo Zone Map ThumbnailTown of Shelburne

Strong Seller'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

0 day

Compared to

2025

524 days

2024

0 day

2023

0 day

New Listings

Past 30 days

6 listings

Compared to

2025

2 listings

2024

1 listing

2023

5 listings

Units sold

Past 30 days

0 unit

Compared to

2025

1 unit

2024

0 unit

2023

0 unit

Median Sold Price

Past 30 days

$0

Compared to

2025

$245,000


Population and Demographics

Overview

Total population 1370
Average household income $81,393

Age (%)

0 to 19
20%
20 to 34
14%
35 to 49
16%
50 to 64
23%
65 and plus
27%

Household composition (%)

Single family
60%
Single person
38%
Multi person
2%
Multi family
0%

Mother tongue (%)

English
99%
Others
1%

House tenancy (%)

Owners
66%
Renters
34%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget