A pic of a room for 13 Parade St, Yarmouth Nova Scotia B5A 3A5
35 days on Market

13 Parade St, Yarmouth, Nova Scotia B5A 3A5

Townhouse
31
-
- sqft
$775,000
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Townhouse
31
-
- sqft

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Property Estimate

Days on market35 days

Estimated valueNot available

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Description

nvestment Opportunity with Development Potential! Welcome to the Mid-Town Motel—an exceptional investment near the heart of Yarmouth’s downtown core, the Heritage District, and just minutes from the international ferry to the USA. Situated on a prominent corner lot, this 31-bedroom property includes a charming heritage home that has been expanded over time. It offers three separate entrances and two paved parking areas. The main building features an office/reception, two 2-piece washrooms, a spacious laundry area, mudroom, a large kitchen with ample prep space, a beautiful wood-panelled dining room showcasing original craftsmanship, and a grand front sitting room with fireplace that serves as a cozy guest lounge. Upstairs are four large guest suites (two with private baths) and six boarding rooms with a shared bath. Two bachelor suites are also located on the main floor. The newer wing houses 19 motel rooms on two levels, each with its own bathroom. Many have been renovated; others await finishing. Nine rooms are currently rented to long-term tenants, generating consistent income and offering a strong foundation for future cash flow. Extensive recent upgrades include a new fire-code-compliant sprinkler system, updated plumbing, new hot water and oil tanks, upgraded electrical panels, new exterior railings, fire escape, and balcony stairs. Roof shingles were replaced in June 2023. With over 11,000 sq ft of usable space and a prime location, this property is a compelling candidate for residential conversion. Government incentives are available for landlords transforming existing buildings into rental units—a major opportunity in today’s housing market. Whether you're seeking a live-in business, income property, or redevelopment project, the Mid-Town Motel delivers location, scale, and upside. Don’t miss this rare chance to invest in one of Yarmouth’s most versatile and promising properties.


Property Details

StyleOther
View-
Age of property-
SqFt-
Lot Size-
Parking Spaces-
MLS ®Number202512778
Community NameTown of Yarmouth
Data SourceNSAR
Listing byViewpoint Realty Services Inc. (Shelburne)

Features

Heating: Baseboard, Forced Air
Basement: Crawl Space, Full, Unfinished

Property History

May 29, 2025
ListedActive
$775,000
35 days on market
history photo preview50
Listing by nsar®
Property listed by Viewpoint Realty Services Inc. (Shelburne), Brokerage
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Market Data - Town of Yarmouth

Geo Zone Map ThumbnailTown of Yarmouth

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

44 days

Compared to

2024

0 day

2023

0 day

2022

0 day

New Listings

Past 30 days

2 listings

Compared to

2024

2 listings

2023

1 listing

2022

2 listings

Units sold

Past 30 days

1 unit

Compared to

2024

0 unit

2023

0 unit

2022

0 unit

Median Sold Price

Past 30 days

$385,000

Compared to


Population and Demographics

Overview

Total population 5678
Average household income $79,639

Age (%)

0 to 19
19%
20 to 34
17%
35 to 49
15%
50 to 64
22%
65 and plus
27%

Household composition (%)

Single family
49%
Single person
45%
Multi person
5%
Multi family
1%

Mother tongue (%)

English
90%
French
7%
English and French
2%
Others
1%

House tenancy (%)

Renters
58%
Owners
42%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget