$949,900
501 Mill Cove Shore Road
Beds
6
Baths
4
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.
About this home
Oceanfront Investment Opportunity - a rare opportunity to own a beautifully upgraded home with exceptional ocean views in the tranquil community of Birchy Head, Nova Scotia. Currently operating as a successful Airbnb, this property offers significant income potential for investors seeking a turnkey rental business or those looking for a vacation home with financial upside. The homeowners have made numerous updates and renovations over the years, ensuring that the property combines modern comforts with timeless coastal charm. i.e. new roof (2022), new furnace (2023), new hot water tank and water storage system (2024), new appliances in each unit, bedroom and bathroom, etc. The result is a well-maintained and inviting space that attracts visitors seeking a peaceful retreat by the sea. Boasting an incredible oceanview, this home provides the perfect backdrop for relaxation, with guests returning year after year for its serene setting and breathtaking vistas. Whether youre enjoying a morning coffee on the deck or taking in the sunset from the comfort of the living room, the Atlantic Ocean is always in view, making this property a truly special place. 501 Mill Cove Shore Road offers more than just a picturesque location its a thriving business opportunity. This beautiful home is 4310sf in total and consists of 4 units which all have their own entries. You can live in one and rent the other three. With a proven track record as a top-rated Airbnb, this property generates consistent income and provides an excellent return on investment. Dont miss your chance to own a piece of Nova Scotia's beauty while securing an excellent income-generating property. To schedule a viewing today! (id:65958)
- Subtype
- Single Family
- Architectural style
- 2 Level
- Structure
- House
- Community
- Birchy Head
- Common interest
- Freehold
- Living area
- 4,310 square feet
- Lot size
- 0.19 acres
- Lot dimensions
- 0.1943
- Bedrooms
- 6 above grade, 0 below grade
- Stories
- 3
- Fireplace
- Yes
- On market
- Sep 10, 2025
- Status changed
- Apr 13, 2026
- Photos
- 50
- MLS#
- 202522894
- Area
- BIRCHY_HEAD
Features and systems
Parking
Basement
Appliances
Exterior
Flooring
Foundation
Lot
View
Waterfront
Cash on cash
-11.70%
Cap rate
3.55%
GRM
16.7
Break-even rent
$6,700
Financing
Operating expenses (monthly)
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 Birchy Head. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 13, 2026.