Investment / Income property with desirable zoning, location and demographics to support a significant commercial development or a new multi-unit residential apartment / condo building with up to 3 floors and 21 units. These two adjacent apartment buildings, located on one of Bridgewater’s busiest streets, span a combined 31,677 square feet and offer four and six units; which are fully occupied and generate consistent revenue. Bridgewater, located less than an hour from Halifax and 70 minutes to Halifax Stanfield International Airport, is currently undergoing significant growth with escalating demands for both housing and commercial space. Close access to Hwy 103, one of the province’s main 100-series arteries, has allowed Bridgewater to evolve into a bedroom community, within commuting distance to work places in the Greater Halifax area. The town’s own economy is a diverse balance of manufacturing (Michelin), finance, retail, technology, and the creative industries. Home to over 68,000 people within its immediate trade area, and with 25,000+ vehicles on the road every day, the town’s functional daytime population effectively triples. Walking distance to the South Shore Regional Hospital, downtown amenities and the riverfront. This property’s Urban Commercial Zoning (C3), highly valued due to its flexibility, is only offered in a very select region of Bridgewater. Please note that partial inside pictures of units are included for reference; taken when the units were vacant. Aerial video at Realtor.ca.
North Street, Bridgewater between Aberdeen Rd and Haven Dr.
Listing Sub-Area:
405-Lunenburg County
Property Type:
Multi-Family
Multi-Family Type:
9 - 12 Unit
Title To Land:
Freehold
Building Dimenions:
Irregular
Outside Dimenions:
Irregular
Lot Size:
0.73 acre(s)0.29 hectare(s)
Prop Size:
0.5 to 0.99 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
10
# Floors:
2
Exterior Finish:
Wood Shingles
Foundation:
Concrete
New Constr.:
No
Basement:
Full, Walkout
Floor Finish:
Laminate, Linoleum
Roof:
Asphalt Shingle
Heating:
Baseboard, Furnace, Hot Water
Fuel:
Electric, Oil
Parking:
Yes
Parking Description:
Ample surface parking
Driveway:
Gravel, Parking Spaces(s)
Water Supply:
Municipal
Water And Sewage:
2351.00
Sewer:
Municipal
Num Units:
10
Num Bachelor Units:
2
Num 2 Bed Units:
4
Num 3 Bed Units:
4
# Of Dryers:
1
# Of Fridges:
10
# Of Stoves:
10
# Of Washers:
1
Rental Income:
Yes, 142,740
Approx. Net Income:
97,754.00
Insurance Expense:
6009.00
Taxes Costs:
17,920.00
Other Costs:
1811.00
Snow / Garbage Collection:
765.00
Heating Bill:
14,930.00
Electricity Bill:
1200.00
Approx. Total Expense:
44986.00
Approx. Total Income:
142,740
Laundry
Golf Course, Park, Playground, Public Transit, Recreation Center, School Bus Service, Shopping, Marina, Place of Worship
Data was last updated August 13, 2026 at 09:20 PM (UTC)
Area Statistics
Listings on market:
17
Avg list price:
$649,900
Min list price:
$319,000
Max list price:
$2,950,000
Avg days on market:
85
Min days on market:
14
Max days on market:
384
These statistics are generated based on the current listing's property type
and located in
405-Lunenburg County. Average values are
derived using median calculations. This data is not produced by
the MLS® system.