Forgot password Extend Verify Contact

211 Forbes Street
106-New Glasgow, Stellarton New Glasgow B2H 4P2

$279,000
Multi-Family

Back Of Structure
Photo 1: 211 Forbes Street in New Glasgow: 106-New Glasgow, Stellarton Multi-Family for sale (Northern Region)  : MLS®# 202601445
Photo 2: 211 Forbes Street in New Glasgow: 106-New Glasgow, Stellarton Multi-Family for sale (Northern Region)  : MLS®# 202601445
Photo 3: 211 Forbes Street in New Glasgow: 106-New Glasgow, Stellarton Multi-Family for sale (Northern Region)  : MLS®# 202601445
Photo 4: 211 Forbes Street in New Glasgow: 106-New Glasgow, Stellarton Multi-Family for sale (Northern Region)  : MLS®# 202601445
Photo 5: 211 Forbes Street in New Glasgow: 106-New Glasgow, Stellarton Multi-Family for sale (Northern Region)  : MLS®# 202601445
Photo 6: 211 Forbes Street in New Glasgow: 106-New Glasgow, Stellarton Multi-Family for sale (Northern Region)  : MLS®# 202601445
Photo 7: 211 Forbes Street in New Glasgow: 106-New Glasgow, Stellarton Multi-Family for sale (Northern Region)  : MLS®# 202601445
Photo 8: 211 Forbes Street in New Glasgow: 106-New Glasgow, Stellarton Multi-Family for sale (Northern Region)  : MLS®# 202601445
Photo 9: 211 Forbes Street in New Glasgow: 106-New Glasgow, Stellarton Multi-Family for sale (Northern Region)  : MLS®# 202601445
Photo 10: 211 Forbes Street in New Glasgow: 106-New Glasgow, Stellarton Multi-Family for sale (Northern Region)  : MLS®# 202601445
Photo 11: 211 Forbes Street in New Glasgow: 106-New Glasgow, Stellarton Multi-Family for sale (Northern Region)  : MLS®# 202601445
Photo 12: 211 Forbes Street in New Glasgow: 106-New Glasgow, Stellarton Multi-Family for sale (Northern Region)  : MLS®# 202601445
Photo 13: 211 Forbes Street in New Glasgow: 106-New Glasgow, Stellarton Multi-Family for sale (Northern Region)  : MLS®# 202601445
Photo 14: 211 Forbes Street in New Glasgow: 106-New Glasgow, Stellarton Multi-Family for sale (Northern Region)  : MLS®# 202601445
Photo 15: 211 Forbes Street in New Glasgow: 106-New Glasgow, Stellarton Multi-Family for sale (Northern Region)  : MLS®# 202601445
Photo 16: 211 Forbes Street in New Glasgow: 106-New Glasgow, Stellarton Multi-Family for sale (Northern Region)  : MLS®# 202601445
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
202601445
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.
Off East River Rd turn right onto Temperance St. until you come to Forbes turn left and the property is on your left.
Listing Sub-Area:
106-New Glasgow, Stellarton
Property Type:
Multi-Family
Multi-Family Type:
Fourplex
Title To Land:
Freehold
Building Dimenions:
37'x32'+ 8'x5'
Lot Size:
4,657 sq. ft.
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
4
Exterior Finish:
Wood Shingles, Vinyl
Foundation:
Block, Stone
New Constr.:
No
Basement:
Undeveloped, Walkout
Floor Finish:
Hardwood, Laminate, Vinyl
Roof:
Asphalt Shingle
Heating:
Baseboard
Fuel:
Electric
Parking:
Yes
Parking Description:
6 car spaces +/-
Driveway:
Gravel
Water Supply:
Municipal
Water And Sewage:
$197 / 91 days
Sewer:
Municipal
Num Units:
4
Num 1 Bed Units:
2
Num 2 Bed Units:
2
# Of Dishwashers:
0
# Of Dryers:
0
# Of Fridges:
4
# Of Microwaves:
0
# Of Stoves:
4
# Of Washers:
0
Rental Income:
Yes, 3045 per month
Laundry Income:
0
Other Income:
0
Insurance Expense:
2917
Taxes Costs:
4427
Other Costs:
0
Maintenace:
0.0
Management expense:
0
Snow / Garbage Collection:
2800 snow
Heating Bill:
1500
Approx. Total Income:
36540
Storage
appliances fridge, stove in each unit
Park, Playground, Public Transit, Recreation Center, School Bus Service, Shopping, Place of Worship
Oven - Electric, Refrigerator
None
None
No
Zoning:
Res
Possession Info:
Negotiable
French Imm Middle School:
New Glasgow Academy 7-8
High School:
North Nova Education Centre
Middle School:
New Glasgow Academy
Listed Date:
Days on Mkt:
  • Photo 1: 211 Forbes Street in New Glasgow: 106-New Glasgow, Stellarton Multi-Family for sale (Northern Region)  : MLS®# 202601445
    Back Of Structure
  • Photo 2: 211 Forbes Street in New Glasgow: 106-New Glasgow, Stellarton Multi-Family for sale (Northern Region)  : MLS®# 202601445
    Yard
  • Photo 3: 211 Forbes Street in New Glasgow: 106-New Glasgow, Stellarton Multi-Family for sale (Northern Region)  : MLS®# 202601445
    Kitchen
  • Photo 4: 211 Forbes Street in New Glasgow: 106-New Glasgow, Stellarton Multi-Family for sale (Northern Region)  : MLS®# 202601445
    Kitchen
  • Photo 5: 211 Forbes Street in New Glasgow: 106-New Glasgow, Stellarton Multi-Family for sale (Northern Region)  : MLS®# 202601445
    Side Of Structure
  • Photo 6: 211 Forbes Street in New Glasgow: 106-New Glasgow, Stellarton Multi-Family for sale (Northern Region)  : MLS®# 202601445
    Back Of Structure
  • Photo 7: 211 Forbes Street in New Glasgow: 106-New Glasgow, Stellarton Multi-Family for sale (Northern Region)  : MLS®# 202601445
    Kitchen
  • Photo 8: 211 Forbes Street in New Glasgow: 106-New Glasgow, Stellarton Multi-Family for sale (Northern Region)  : MLS®# 202601445
    Living Room
  • Photo 9: 211 Forbes Street in New Glasgow: 106-New Glasgow, Stellarton Multi-Family for sale (Northern Region)  : MLS®# 202601445
    Bedroom
  • Photo 10: 211 Forbes Street in New Glasgow: 106-New Glasgow, Stellarton Multi-Family for sale (Northern Region)  : MLS®# 202601445
    Bathroom
  • Photo 11: 211 Forbes Street in New Glasgow: 106-New Glasgow, Stellarton Multi-Family for sale (Northern Region)  : MLS®# 202601445
    Entry
  • Photo 12: 211 Forbes Street in New Glasgow: 106-New Glasgow, Stellarton Multi-Family for sale (Northern Region)  : MLS®# 202601445
    Stairs
  • Photo 13: 211 Forbes Street in New Glasgow: 106-New Glasgow, Stellarton Multi-Family for sale (Northern Region)  : MLS®# 202601445
    Utility Room
  • Photo 14: 211 Forbes Street in New Glasgow: 106-New Glasgow, Stellarton Multi-Family for sale (Northern Region)  : MLS®# 202601445
    Other
  • Photo 15: 211 Forbes Street in New Glasgow: 106-New Glasgow, Stellarton Multi-Family for sale (Northern Region)  : MLS®# 202601445
    Map
  • Photo 16: 211 Forbes Street in New Glasgow: 106-New Glasgow, Stellarton Multi-Family for sale (Northern Region)  : MLS®# 202601445
    Map
Listed by EXP Realty of Canada Inc.
Data was last updated January 24, 2026 at 03:20 PM (UTC)
Area Statistics
Listings on market:
21
Avg list price:
$289,900
Min list price:
$79,900
Max list price:
$3,950,000
Avg days on market:
106
Min days on market:
5
Max days on market:
465
These statistics are generated based on the current listing's property type and located in 106-New Glasgow, Stellarton. Average values are derived using median calculations. This data is not produced by the MLS® system.
Sandra Chaisson FRI