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507 King Street
204-New Waterford New Waterford B1H 3Y8

$725,000
Multi-Family built: 38

Main Photo: 507 King Street in New Waterford: 204-New Waterford Multi-Family for sale (Cape Breton)  : MLS®# 202614340
Photo 1: 507 King Street in New Waterford: 204-New Waterford Multi-Family for sale (Cape Breton)  : MLS®# 202614340
Photo 2: 507 King Street in New Waterford: 204-New Waterford Multi-Family for sale (Cape Breton)  : MLS®# 202614340
Photo 3: 507 King Street in New Waterford: 204-New Waterford Multi-Family for sale (Cape Breton)  : MLS®# 202614340
Photo 4: 507 King Street in New Waterford: 204-New Waterford Multi-Family for sale (Cape Breton)  : MLS®# 202614340
Photo 5: 507 King Street in New Waterford: 204-New Waterford Multi-Family for sale (Cape Breton)  : MLS®# 202614340
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Photo 7: 507 King Street in New Waterford: 204-New Waterford Multi-Family for sale (Cape Breton)  : MLS®# 202614340
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Photo 22: 507 King Street in New Waterford: 204-New Waterford Multi-Family for sale (Cape Breton)  : MLS®# 202614340
Photo 23: 507 King Street in New Waterford: 204-New Waterford Multi-Family for sale (Cape Breton)  : MLS®# 202614340
Photo 24: 507 King Street in New Waterford: 204-New Waterford Multi-Family for sale (Cape Breton)  : MLS®# 202614340
Photo 25: 507 King Street in New Waterford: 204-New Waterford Multi-Family for sale (Cape Breton)  : MLS®# 202614340
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Photo 31: 507 King Street in New Waterford: 204-New Waterford Multi-Family for sale (Cape Breton)  : MLS®# 202614340
Photo 32: 507 King Street in New Waterford: 204-New Waterford Multi-Family for sale (Cape Breton)  : MLS®# 202614340
Photo 33: 507 King Street in New Waterford: 204-New Waterford Multi-Family for sale (Cape Breton)  : MLS®# 202614340
Photo 34: 507 King Street in New Waterford: 204-New Waterford Multi-Family for sale (Cape Breton)  : MLS®# 202614340
Photo 35: 507 King Street in New Waterford: 204-New Waterford Multi-Family for sale (Cape Breton)  : MLS®# 202614340
Photo 36: 507 King Street in New Waterford: 204-New Waterford Multi-Family for sale (Cape Breton)  : MLS®# 202614340
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Photo 41: 507 King Street in New Waterford: 204-New Waterford Multi-Family for sale (Cape Breton)  : MLS®# 202614340
Photo 42: 507 King Street in New Waterford: 204-New Waterford Multi-Family for sale (Cape Breton)  : MLS®# 202614340
Photo 43: 507 King Street in New Waterford: 204-New Waterford Multi-Family for sale (Cape Breton)  : MLS®# 202614340
Photo 44: 507 King Street in New Waterford: 204-New Waterford Multi-Family for sale (Cape Breton)  : MLS®# 202614340
Photo 45: 507 King Street in New Waterford: 204-New Waterford Multi-Family for sale (Cape Breton)  : MLS®# 202614340
Photo 46: 507 King Street in New Waterford: 204-New Waterford Multi-Family for sale (Cape Breton)  : MLS®# 202614340
Photo 47: 507 King Street in New Waterford: 204-New Waterford Multi-Family for sale (Cape Breton)  : MLS®# 202614340
Photo 48: 507 King Street in New Waterford: 204-New Waterford Multi-Family for sale (Cape Breton)  : MLS®# 202614340
Photo 49: 507 King Street in New Waterford: 204-New Waterford Multi-Family for sale (Cape Breton)  : MLS®# 202614340
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
202614340
Year Built:
38
A rare opportunity offering exceptional space, versatility, and value. With over 3,800 sq ft of quality-built living space on an impressive 19,500sqft (0.45 acre) corner lot, this property presents endless possibilities for homeowners, investors, or entrepreneurs alike. Fully Renovated in 2009, the main residence spans approximately two-thirds of the building and is thoughtfully designed for comfortable, one-level living with wide hallways, generous entryways, and a seamless layout make this home both functional and inviting. The spacious kitchen is a standout feature, complete with quality cabinetry, ample counter space, and a large pantry, flowing naturally into the bright dining area filled with natural light. The living room offers a built-in entertainment centre and fireplace, creating a warm and welcoming atmosphere. This section includes 3 bedrooms and 2 full bathrooms, including a well-appointed primary suite featuring custom closet organization and a private ensuite with both a shower and soaker tub. In-floor heating throughout the main living area ensures year-round comfort. Additional highlights include a massive mudroom, abundant storage, an attached garage/workshop, and access to a private back patio ideal for outdoor enjoyment. The remaining portion of the building, previously operated as a clinic, offers incredible flexibility. With its own entrances, parking access, laundry, bathroom, reception area, office space, and storage rooms, this area could easily be converted into a secondary residential unit, in-law suite, rental opportunity, or continued commercial use. Separate power meters and heating systems allow for independent operation and billing. Positioned on a high-visibility corner lot with parking available at the front, side, and rear, this property is perfectly suited for a live-work setup or income-generating investment. A property of this size, quality, and versatility at this price point is truly a rare find.
Corner of King Street at civic: 507
Listing Sub-Area:
204-New Waterford
Property Type:
Multi-Family
Multi-Family Type:
Duplex
Title To Land:
Freehold
Building Dimenions:
106x26+26x16+10x14+26x16+12x8
Lot Size:
19,502 sq. ft.
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
Yes
# of Rental Units / Occupied:
1
Year built:
38 (Age: 1,988)
Age:
1988
# Floors:
1
Exterior Finish:
Brick, Vinyl
Foundation:
Concrete, Slab
Basement:
None
Floor Finish:
Carpet, Hardwood, Tile
Roof:
Asphalt Shingle
Heating:
Baseboard, Furnace, In Floor, Radiant, Other
Fuel:
Electric, Oil
Garage Description:
Attached. Wired. Heated. Insulated. 26x24.
Parking Description:
Multiple areas for parking. Paved. Three entry points. Large parking area at the back.
Driveway:
Parking Spaces(s), Paved
Water Supply:
Municipal
Sewer:
Municipal
Num Units:
2
Num 3 Bed Units:
1
# Of Dishwashers:
1
# Of Dryers:
1
# Of Fridges:
1
# Of Microwaves:
1
# Of Stoves:
1
# Of Washers:
1
Rental Income:
Potential
Ensuite Bath, Fireplace(s)
Appliances.
Personal belongings of Seller.
Public Transit, Recreation Center, School Bus Service, Shopping, Place of Worship, Beach
Dishwasher, Dryer, Washer, Refrigerator
Propane Tank
Patio
No
Zoning:
UR2
Possession Info:
to be negotiated
Elementary School:
Greenfield Elementary School
High School:
Breton Education Centre
Listed Date:
Days on Mkt:
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Listed by RE/MAX Park Place Inc.
Data was last updated June 29, 2026 at 11:20 AM (UTC)
Area Statistics
Listings on market:
49
Avg list price:
$299,900
Min list price:
$74,900
Max list price:
$2,100,000
Avg days on market:
42
Min days on market:
4
Max days on market:
389
These statistics are generated based on the current listing's property type and located in Cape Breton. Average values are derived using median calculations. This data is not produced by the MLS® system.