121 Water Street, Shelburne, (MLS® 202615842) REMAX NOVA
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121 Water Street, Shelburne

8 4 3819 sqft
$349,000 For Sale

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.

Listing Details

Address
121 Water Street, Shelburne, B0T 1W0

Status
ACTIVE
Listing Price
$349,000
MLS®
202615842
Type
Single Family
Style
Detached
Age
129
Square Footage (MLA)
3,819  ft2
Total Fin SqFt (TLA)
3,819  ft2
PID
80150618
Bedrooms
8
Full Baths
3
Half Baths
1

Water
Municipal
Sewer
Municipal
Utilities
Cable,Electricity,High Speed Internet,Telephone

Building Specifications

Foundation Type
Stone
Roof
Asphalt Shingle
Exterior Finish
Wood Siding
Flooring
Carpet,Ceramic,Hardwood,Linoleum

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Rooms

LEVEL TYPE DIMENSIONS
Main Floor Bath 1 4'10" x 10'10"
Main Floor Living Room 19'9 x 21'3"
Main Floor Bedroom 9'0" x 14'4"
Main Floor Dining Room 20'1 x 11'3"
Main Floor Bedroom 10'4 x14'4
Main Floor Living Room 20'1 x16'7"
Main Floor Kitchen 11'9 x 10'8"
Main Floor Kitchen 9'11 x 12'4"
Main Floor Bath 2 3'6" x 12'4"
2nd Level Bedroom 10' x 14'11"
2nd Level Primary Bedroom 20'1 x 12"
2nd Level Living Room 20'1 x 11'8
2nd Level Laundry 7'6 x 12
2nd Level Bedroom 9'7" x 14'11"
2nd Level Bath 1 8'8 x 5'5"
2nd Level Den/Office 9'8 x 14'11
2nd Level Den/Office 11'11 x 12'2
2nd Level Games Room 28'9 x 11'7

Garage & Parking

Garage
N
Details
---

Sales History

Demographic Data

Demographic data is based on the dissemination area that contains the listing parcel . Dissemination Areas are small areas composed of one or more neighbouring dissemination blocks. All of Canada is divided into dissemination areas. Data source: Environics Analytics via ArcGIS Online, 2021

Population Size

466

Median Age

56.4

Avg Household Size

1.8

Avg House Income

$74K

The number of people for each age range.

How the population of this area is expected to change.

The highest level of education obtained by people within this area.

The maritial status of the people in this area.

The average household income within this area.

The number of people that rent versus own.

When the buildings in the area were constructed.

The number of children at home for the given age ranges.

The occupations of the people living here.

Tax Assessment

Year Amount % Change
2024 $206,600 ---
2023 $189,000 ---
2022 $162,400 ---
2021 $153,900 ---
2020 $152,100 ---
2019 $147,500 ---
2018 $144,400 ---
2017 $142,100 ---
2016 $139,600 ---
2015 $131,200 ---
2014 $255,400 ---
2013 $121,500 ---
2012 $115,500 ---

Maps

Mortgage Inquiries

Last Updated On: 6/26/2026 7:35:31 PM (UTC)