817 Tower Road 5791 Harrington Dr, Halifax Peninsula, NS B3H 2Y1
- $1,650,000
- 10
- BD
- List Price
- $1,650,000
- Status
- ACTIVE
- MLS#
- 202623152
- Bedrooms
- 10
- Lot Size (Acres)
- 0.14100000000000001
- Style
- Apt Conforming
- Year Built
- 1935
Property Description
Nothing else like it on the market! Immediately adjacent to Saint Mary’s University, 817 Tower Road/5791 Harrington Drive is a legal triplex offering established income and exceptional upside in one of Halifax’s strongest rental locations. Spanning approximately 4,000 sq. ft., the property is configured as three self-contained apartments, one on each level, with ten bedrooms currently rented under three fixed-term leases. Significant renovations completed over the past eight years include fire separation, extensive electrical upgrades with new meters and panels, a newer natural-gas heating system, three bathrooms, two kitchens, approximately 80% replacement windows and additional improvements. Current rents are believed to be below market, while the building offers the potential to accommodate up to 14 individually rented bedrooms under a shared-housing model, potentially increasing gross rental income by approximately 46%. The upper apartment includes four rented bedrooms, two full bathrooms and two existing loft rooms, with water and sewer roughed in for a potential additional bathroom. The main-floor apartment contains three bedrooms and generous living space that could potentially be reconfigured to create two additional rooms. The walkout ground-level apartment includes three bedrooms and its own living and kitchen areas. Additional highlights include coin-operated laundry, separate electrical meters, parking for four vehicles and a registered right-of-way from Harrington Street. Walk to universities, hospitals, downtown, transit, restaurants, cafés, shopping and everyday amenities, with Point Pleasant Park only minutes away. Shared-housing potential, projected income and alterations are estimates only and subject to purchaser verification and all required approvals, permits and other requirements. Detailed financials, floor plans and other property information are available through the listing agent. Access for viewings is from 817 Tower Road only.
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Additional Information
- Area
- Halifax - Dartmouth
- Foundation
- Concrete Perimeter
- Stories
- 3
- Community Features
- Park, Playground, Near Public Transport, Recreation Center, School Bus Service, Shopping, Place of Worship
- Features
- Secondary Suite
- Basement
- Partially Finished, Walk-Out Access
- Appliances
- Range, Dryer, Washer, Refrigerator, Other, Stove
- Flooring
- Hardwood, Laminate, Tile, Vinyl
- Exterior Finish
- Brick, Shingle Siding
- Parking Features
- Driveway, Paved
- Roof
- Asphalt
- Utilities
- Power, Electricity Connected, Natural Gas Connected
- Water Source
- Municipal
- Sewer
- Municipal
- Elementary School
- Inglis Street Elementary School
- Middle School
- Gorsebrook Junior High School
- High School
- Citadel High School
- Appliances
- Range, Dryer, Washer, Refrigerator, Other, Stove
- Zoning
- ER-3
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Listing courtesy of Century 21 Optimum Realty.