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(902) 523-3414
Real Estate Company
5698 Normandy Drive, Halifax Peninsula, NS B3K 4J7
- $3,700,000
- 16
- BD
- List Price
- $3,700,000
- Status
- ACTIVE
- MLS#
- 202625116
- Bedrooms
- 16
- Lot Size (Acres)
- 0.18480000000000002
Property Description
Turnkey Multi-Unit Investment Opportunity For Sale: 8-Unit Modern Apartment Building – Halifax North End . A rare opportunity to own a low-maintenance, high-performance rental building designed for modern living. Secure a cornerstone asset in Halifax’s most aggressive growth submarket. This is not just a residential building; it is a turnkey, low-yield-risk investment specifically engineered for the modern portfolio. Yield Stability: With eight 2 Bedroom / 2 Bathroom suites, this property captures the highest-demand demographic in the North End. Operational Efficiency: Built with durable metal siding and individual energy-efficient heat pumps, the building is designed for minimal CAPEX and low maintenance overhead for years to come. Strategic Location: Situated in the "Path of Progress," the North End continues to see rapid appreciation. This location offers long-term equity growth alongside immediate cash flow. Modern Compliance: Fully turnkey construction means no immediate renovation requirements—start collecting high-market rents from day one of ownership. Seller is licensed to sell real estate in Nova Scotia through NSREC. Any applicable HST is a throughput to be discussed with your accountant
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Additional Information
- Area
- Halifax - Dartmouth
- Foundation
- Concrete Perimeter, Slab
- Basement
- Other
- Appliances
- Stove, Refrigerator, Dishwasher, Washer, Dryer
- Flooring
- Carpet, Ceramic Tile, Vinyl
- Parking Features
- Parking Spaces(s), Paved
- Roof
- Asphalt
- Utilities
- Electricity Connected
- Water Source
- Municipal
- Sewer
- Municipal
- Appliances
- Stove, Refrigerator, Dishwasher, Washer, Dryer
- Zoning
- er3
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Listing courtesy of RE/MAX Nova (Halifax).