$197,500
9 Water Street
Beds
0
Baths
—
Sqft
—
Year
—
Type
Single Family
Suite
Suite potential
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
A rare and remarkable blank canvas awaits in a prime, high visibility location in Digby, offering exceptional potential for developers, investors and driven entrepreneurs. Positioned prominently on a corner lot bordered by three streets, this property commands attention while overlooking Digby's bustling waterfront and active fishing fleet, with outstanding sunrise views adding to it's appeal. Much of the heavy lifting has already been completed, the building has been taken back to the studs and outfitted with a new roof and trusses, creating the framework for an additional third storey and opening the doors to a wide range of development possibilities. With its strategic location in a high traffic area and within walking distance to the waterfront, shops, and amenities, the property is ideally suited for a mixed-use vision. Imagine commercial storefronts on the main level drawing in steady foot traffic, complemented by residential units or rental suites above to maximize income potential. Whether you're looking to develop a signature investment property, launch a business ventures, or create a dynamic live-work space, the opportunity here is undeniable. Bring your ideas and transform the promising shell into a standout addition to Digby's vibrant waterfront landscape. (id:65958)
- Subtype
- Single Family
- Structure
- House
- Community
- Digby
- Common interest
- Freehold
- Living area
- 3,195 square feet
- Lot size
- 0.18 acres
- Lot dimensions
- 0.1779
- Bedrooms
- 0 above grade, 0 below grade
- Stories
- 3
- On market
- Apr 14, 2026
- Status changed
- Apr 22, 2026
- Photos
- 34
- MLS#
- 202607292
- Area
- DIGBY
Features and systems
Parking
Basement
Appliances
Exterior
Foundation
Community
View
Cash on cash
3.40%
Cap rate
5.54%
GRM
11.8
Break-even rent
$1,282
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: 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
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 22, 2026.