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Investment signal

$399,900

182/184 Queen Street

Save this home

Beds

Baths

Sqft

Year

Type

Multi-family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Digby. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Introducing an investment opportunity at 182/184 Queen Street, Digbya spacious duplex that has both curb-side residential charm and revenue potential. This 2.5-storey home is not just a dwelling but an investment that stands the test of time, newly updated with a shingled roof in 2023 and a replaced chimney in 2024 to ensure long-term durability. Spanning 0.19 acres, this property boasts six bedrooms and two bathrooms across its two self-contained units. The main level apartment, with its own deck, offers a two-bedroom space, perfect for tenants seeking a blend of privacy and comfort. Ascend to the second level, where youll discover a spacious four-bedroom two level apartment complete with a storage room, that could accommodate a larger family or group of individuals with ease. Each unit has its own inside and outside entrance, accentuated by the delightful front verandah and the convenience of hot water baseboard heating. A new oil furnace two years ago will provide further years of worry-free heating. The property provides a nice backyard area for relaxation, alongside a handy storage shed, ensuring ample space for tenants needs. With two parking spaces available, residents will find convenience at their doorstep.Located within walking distance to waterfront amenities, this duplex is perfectly positioned for tenants seeking leisurely coastal town living while retaining quick access to local attractions. Investors, take note: 182/184 Queen Street offers a chance to capitalize on a property in the coastal community of Digby. (id:65958)

Subtype
Multi-family
Structure
Duplex
Community
Digby
Common interest
Freehold
Lot size
0.19 acres
Lot dimensions
0.1927
On market
Jun 5, 2025
Status changed
Apr 21, 2026
Photos
32
MLS#
202513482
Area
DIGBY

Features and systems

Parking

Paved Yard

Basement

FullWalk out

Appliances

RefrigeratorRange - Electric

Exterior

Vinyl

Flooring

HardwoodCarpetedVinyl

Foundation

Stone

Community

School BusRecreational Facilities
Negative cash flow ~$104/mo at these assumptions

Cash on cash

-1.56%

Cap rate

4.55%

GRM

13.9

Break-even rent

$2,510

Financing

Down payment$79,980
Loan amount$319,920
Mortgage$1,621/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$183
Insurance$80
Maintenance$333
CapEx reserve$167
Vacancy loss$120

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $1,621/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 21, 2026.

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