507 King Street, New Waterford, NS B1H 3Y8
Cape Breton County
Key Facts
Description
A rare opportunity offering exceptional space, versatility, and value. With over 3,800 sq ft of quality-built living space on an impressive 19,500sqft (0.45 acre) corner lot, this property presents endless possibilities for homeowners, investors, or entrepreneurs alike. Fully Renovated in 2009, the main residence spans approximately two-thirds of the building and is thoughtfully designed for comfortable, one-level living with wide hallways, generous entryways, and a seamless layout make this home both functional and inviting. The spacious kitchen is a standout feature, complete with quality cabinetry, ample counter space, and a large pantry, flowing naturally into the bright dining area filled with natural light. The living room offers a built-in entertainment centre and fireplace, creating a warm and welcoming atmosphere. This section includes 3 bedrooms and 2 full bathrooms, including a well-appointed primary suite featuring custom closet organization and a private ensuite with both a shower and soaker tub. In-floor heating throughout the main living area ensures year-round comfort. Additional highlights include a massive mudroom, abundant storage, an attached garage/workshop, and access to a private back patio ideal for outdoor enjoyment. The remaining portion of the building, previously operated as a clinic, offers incredible flexibility. With its own entrances, parking access, laundry, bathroom, reception area, office space, and storage rooms, this area could easily be converted into a secondary residential unit, in-law suite, rental opportunity, or continued commercial use. Separate power meters and heating systems allow for independent operation and billing. Positioned on a high-visibility corner lot with parking available at the front, side, and rear, this property is perfectly suited for a live-work setup or income-generating investment. A property of this size, quality, and versatility at this price point is truly a rare find.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Other
Year Built
1988
Stories
1
Living Area
3,824 sq ft
Lot Size
0.45 acres
Ownership
Freehold
Zoning
UR2
MLS® Listing#
202605047
Property Features
Interior
Appliances
Heating
Flooring
Basement
Parking
Patio
Fencing
Lot Features
Construction
Foundation
Roof
Utilities
Sewer
Water Source
Rooms
- 7'2x4'7
- 8'6x7'1
- 13'9x9'1 BUILT IN STORAGE
- 25'7x18'7 OPEN
- 15'8x14'1+12'4x4'5
- 14'1x5'11
- 15'6
- Bathroom 18'1x5
- Bathroom 27'10x5'11+7'2x6'1 (jet tub)
- Bathroom 310'5x5'9
- Bedroom 211'9x8'8
- Bedroom 311'9x10'6
- Bedroom 411'9x8'8
- Dining Room16'5x10
- Kitchen17'1x14'11 + Walk In Pantry
- Laundry5'9x4+shelving
- Living Room20'6x14 (with pocket doors)
- Utility Room12'6x5'11 (Dishwasher+Laundry)
Financial Details
Parcel Number
15658537
Directions
Corner of King Street at civic: 507
Affordability Calculator
$145,000
Estimated monthly payment
$3,859/mo
Principal $580,000 · Est. interest $809,152 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in New Waterford, NS
- CA$333,871
- Median Listing Price
- 50
- Median Days on Market
- 1,494
- Median Sq Ft
- CA$217
- Median Price / Sq Ft
- 262
- Active Listings
- This home’s price is 117% above the area median.
- Its price per sq ft is 13% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in New Waterford, NS.
Location
Points of Interest in New Waterford, NS
Showing the New Waterford area map.
Nearby Schools
Breton Education Centre
School · 0.6 km away
Greenfield Elementary School
Elementary · 1.3 km away
Nova Scotia Community College (Marconi Campus)
Secondary School · 8.5 km away
Tompkins Elementary High School
Secondary · 8.7 km away
Glace Bay High School
Secondary · 10.3 km away
Sydney Mines Junior High
Elementary · 10.6 km away
St. Anne's Elementary School
Elementary · 10.9 km away
Jubilee Elementary School
Elementary · 11.1 km away
Glace Bay Elementary School
Elementary · 11.8 km away
Memorial High School
Secondary · 11.8 km away
Cape Breton Business College
Secondary School · 12.0 km away
Whitney Pier Memorial JrHS
School · 12.1 km away
Harbourside Elementary School
Elementary · 12.4 km away
Hair Masters Salon & School
Secondary · 13.4 km away
Ferrisview Elementary School
Elementary · 13.7 km away
Cusack School
Elementary · 13.7 km away
Sydney Academy
School · 14.1 km away
Centre for Distance Education
Secondary · 14.3 km away
Maritime Drilling Schools
Secondary · 14.4 km away
Sherwood Park Education Centre
School · 14.5 km away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 18 Marina Drive, New Minas, NS | CA$525,000 | 4 | 2 | 1,681 |
| 18-20 Marina Drive, New Minas, NS | CA$525,000 | 2 | — | — |
| 18 Marina Drive, New Minas, NS | CA$525,000 | 4 | 2 | 1,681 |
| 15 Fowler Court, New Minas, NS | CA$525,000 | 4 | 2 | 1,144 |
| 15 Fowler Court, New Minas, NS | CA$525,000 | 4 | 2 | 1,144 |
| 309 Forties Road, New Ross, NS | CA$550,000 | 2 | 1 | 1,518 |
Moving Cost Estimate
EXIT Agents in New Waterford
Listing Courtesy: RE/MAX Park Place Inc.