No photos available
Investment signal

$419,000

17 George Street

Beds

Baths

Sqft

Year

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

Shakespeare House - A Charming Salt Box Home with Guest House, Water Views & Storybook Setting. Nestled on a beautifully landscaped corner lot next to a serene park, this historic home and darling guest house by the sea offer the perfect blend of timeless character and modern upgrades. The main home and income-producing guest house offer picturesque water views of the worlds third deepest natural harbour within easy walking distance of the Yacht Club, Osprey Art Centre, popular restaurants, shops, and attractions. The 1436 sq ft main house has been completely restored (1984) and renovated (2021-25), and retains many original features. It features 3 heat pump heads, a spacious renovated kitchen, a cozy breakfast dining nook with an impressive hand-hewn granite fireplace, a convenient powder room, a formal dining room, and a welcoming living room with custom built-ins showcasing the other side of the granite fireplace. Either of the main floors 2 principal rooms could easily be converted into a 3rd bedroom. Upstairs, youll find two generously sized bedrooms, a recently renovated bathroom (2025) with a classic clawfoot tub, and abundant storage throughout (including a separate storage room). The primary bedroom features a granite fireplace and sitting area, adding to the cozy ambiance. The basement with laundry (new propane dryer, 2024) offers additional storage space. The 430 sq ft, four season guest house with bathroom, kitchen, balcony, heat pump, separate power meter, and generator panel was custom-designed and built in 2024. Operating as a successful 5-star Airbnb business, the guest house is perfect for visitors, extended family, or rental income to help pay down your mortgage. The U-shaped driveway, garden shed, fence, and patio add to the appeal. There have been many thoughtful upgrades over the years that respect the homes heritage. Enjoy daily walks along the picturesque historic waterfront. A virtual tour, video, and more information is available (id:65958)

Subtype
Other
Structure
Other
Community
Shelburne
Common interest
Freehold
Lot size
0.07 acres
Lot dimensions
0.0741
On market
Feb 2, 2026
Status changed
Apr 17, 2026
Photos
50
MLS#
202601864
Area
SHELBURNE

Features and systems

Parking

Gravel

Basement

UnfinishedPartialWalk out

Appliances

WasherDryer - GasRefrigeratorDishwasherStove

Cooling

Heat Pump

Exterior

Wood shinglesWood siding

Flooring

LaminateVinylWood

Foundation

Stone

Lot

Balcony

Community

Recreational Facilities

View

Ocean viewHarbour
Negative cash flow ~$572/mo at these assumptions

Cash on cash

-8.19%

Cap rate

4.25%

GRM

14.5

Break-even rent

$3,002

Financing

Down payment$83,800
Loan amount$335,200
Mortgage$2,056/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$192
Insurance$80
Maintenance$349
CapEx reserve$175
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: 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.

Lifestyle nearby

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

Mortgage estimate

Estimated $2,056/mo at 5.49% with 20% down, 25-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 17, 2026.

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