Address
121 Water Street, Shelburne, NS
Price
$ 349,000
Property Attributes
  • MLS#202615842
  • TypeSingle Family
  • Listing Status ACTIVE
  • CityShelburne
  • AreaSouth Shore
  • NeighbourhoodF1
  • Postal CodeB0T 1W0
  • StyleSingle Family Residence
  • Year Built1897
  • Price$ 349,000
  • Bedrooms8
  • Full Bathrooms3
  • Half Bathrooms1
  • Sqr Footage3819
  • Lot Size0.1157 Acres
Data Source:
Nova Scotia Association of REALTORS® (NSAR)
Property Description

This is a rare and exciting opportunity — a historic landmark on Water Street in Shelburne that has never been listed on the MLS before. Constructed in the late 1800s and documented as the old Bank of Commerce in 1910, this building dates from a time when Shelburne was thriving with shipbuilding, fishing, and trade. Built with solid materials and strong bones to convey security and permanence, this impressive property has stood the test of time and carries a rich history. Over the years, the building has had many lives. It was later converted into a four-unit multi-family home — evidence of which remains today with five electrical meters and four hot water tanks still in place. When it was renovated into a single spacious family residence, one apartment was thoughtfully left intact. This makes it fairly straightforward to convert the property back into a two-unit configuration if desired. The property also features multiple doors and exits that further support this flexibility. The home has been lovingly cared for by the same family for the past 25 years. Now ready for its next chapter, this versatile property is commercially zoned and offers many exciting possibilities — whether as a large family home, a multi-unit income property, or a storefront business. Measuring 3819 square feet (not including the spacious attic and basement), it boasts approximately eight possible bedrooms and 3.5 bathrooms, tall ceilings with a grand archway entrance, and a beautiful wood-burning fireplace. One of the charming original features is the old bank safe, which has been creatively repurposed as a pantry in the kitchen. The primary bedroom enjoys lovely water views, along with an ensuite bathroom and walk-in closet. Outside, the backyard offers a great space to relax and includes a shed with plumbing hookups that holds excellent potential for renovation or future use. A full layout is included in the listing attachments and the virtual walkthrough will be available on youtube soon.

Price History
6/26/2026 Listed $349,000

General Features

Sewer Municipal
Heating Baseboard,Fireplace(s),Heat Pump
Utilities Electric,Cable Connected,Electricity Connected,Phone Connected
Possession Negotiable
Roof Asphalt
Zoning Residential
Year Built 1897
Property Subtype Single Family Residence
Ownership Freehold
Additional Parcels Description 80150600
County Shelburne
New Construction false
Property Type Residential
Garage Y/N false
Full Baths 3
Status ACTIVE
Directions From highway 103, take exit 26 towards Shelburne. Follow that road into town and it becomes King Street, make a left at Water Street and 121 Water Street will be on the right.
City Shelburne
MLS Area 407-Shelburne County
Lot Size Units Square Feet
Lot Size Square Feet 5039.892
Property Attached Y/N false
Land Lease Y/N false
MLS Area Minor F1
Additional Parcels Y/N true
Structure Type Detached
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
View Harbour
Tax Assessed Value 215500
Construction Materials Wood Siding
Stories Count 2
Virtual Tour https://youtu.be/MhuGCuLizNw?si=6rDKAIguPQAgPU4I
Appliances Electric Range,Stove,Dishwasher,Dryer - Electric,Washer,Microwave,Refrigerator
Levels 2 Storey
Community Features Park,Playground,School Bus Service,Shopping,Place of Worship,Beach
Other Structures Deck,Shed(s)
Patio/Porch Features Deck

Interior Features

Interior Amenities Ensuite Bath,Secondary Suite,High Speed Internet
Basement Full,Unfinished,Walk-Out Access
Flooring Carpet,Ceramic Tile,Hardwood,Linoleum
Heating Y/N true
Fireplace Y/N true
Half Baths 1
Total Bedrooms 8
Below Grade Finished Area Unit Type Square Feet
Total Baths 4
Fireplace Features Wood Burning

Exterior Features

Parking Features Gravel,Multiple Driveways
Lot Features Under 0.5 Acres,Cleared
Water Source Municipal
Lot Size Area 5039.892
Foundation Details Stone
Building Area Total 3819
Lot Size Acres 0.1157
Waterfront Y/N false
Other Equipment No Rental Equipment
Road Frontage Type Public
Other Parking Parking Details(Gravel Driveway)

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in B0T 1W0

Price
AVG $470K
$350K
Year Built
AVG 1911
1897

Areas We Cover