Main Points Of Interest
For Sale
$1,599,000
Status
Active
Assessment
n/a
Age
n/a
Days Listed
40
List Date
May, 1st, 2025
MLS®#
202509528
Prop Type
Triplex
Zoning
COR
Lot Size
Lot Size M
2,624 sq ft
Acres
Under 0.5 Acres
Water
Municipal
Sewer
Municipal

Nestled in the heart of halifax's historic hydrostone neighborhood, this beautifully maintained building offers a rare blend of character, income potential, and development upside. The property features three fully legal airbnb units: a spacious 2 bed 2 bath, a bright 2 bed 1 bath, and a cozy 1 bed 1 bath — all professionally finished and consistently in demand in one of the city's most desirable areas. What truly sets this property apart is its coveted “corridor” zoning — the rarest and most flexible designation in halifax. This allows for the widest array of permitted uses, including potential for additional units or mixed-use development, making it an ideal opportunity for forward-thinking investors. With a cap rate significantly stronger than comparable purchases across the country, this is a high-performing asset in a tightly held neighborhood. Whether you're seeking a cash-flowing short-term rental portfolio, a live-in investment, or a long-term development play, this hydrostone gem delivers unmatched value and upside. Being offered fully turn-key with major opportunity for upside growth potential.


Dwelling Details
Year Built (approx)
0
Heating
Baseboard,Heat Pump -Ductless
Fuel Type
Electric
Foundation
Stone
Basement
Undeveloped
Exterior
Steel
Dimensions
50 X 28
Roof
Rolled
Flooring
Laminate,Tile
Appliances
Barbeque,Oven,Dishwasher,Dryer,Washer,Microwave,Refrigerator
Building Feat
Air Conditioning,Ensuite Bath,Heat/Air Exchange
Rental Equip
None
Land Details
Migrated
Yes
Approx Num Acres
0
Title To Land
Freehold
PID#
00131417
Multiple PIDs
Yes
Community Feat
Park,Playground,Public Transit,Recreation Center,School Bus Service,Shopping,Place of Worship
County
Halifax
Postal Code
B3K 3Y3
Directions
Kane To Ilseville
Parking/Garage Details
Garage
No
Garage Details
Driveway
Paved
Parking Y/N
n/a
Parking Details
(On Kane, Other driveway between the buildings has an easement to allow access for commercial building next door.)
RENTAL UNITS & APPLIANCES
Bach Units
0
1 Bedrm Units
1
2 Bedrm Units
2
3 Bedrm Units
0
4 Bedrm Units
0
Units Occupied
0
Stoves
3
Fridges
3
Dishwashers
0
Microwaves
3
Washers
2
Dryers
2
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Other Details
Original Price
$1,698,000 (since reduced $99,000)
Last Price Change
May, 30th, 2025
Inclusions
All Furnishings
Exclusions
PCDS
No
Possession
Negotiable - Ideally July 1st Onward.
Docs On File
Other Documents,See Instr. To Members
MLS® Area
Halifax - Dartmouth: 3-Halifax North
Listing Office
Keller Williams Select Realty
FINANCIALS
income
Rental Income$165,000
Laundry Income0
Other Income0
Gross Income$165,000$165,000
EXPENSES
Insurance
Heating
Management
Maintenance$15,000
Electricity
Taxes$11,253.58
Water/Sewage
Snow/Garbage
Other Costs$8,400
Total Expenses$34,653.60$34,653.60
Summary
Net Income$143,846.42
Lat/Lng:
44.662472, -63.601433
Local ammenities go here
MUNICIPAL INFORMATION
SCHOOL INFO (Select Data Source)

GRADE
PROGRAM
SCHOOL
PR-6
Elementary French Immersion
St. Joseph's-Alexander McKay
PR-6
Elementary English Program
St. Joseph's-Alexander McKay
PP-PP
Elementary English Program
St. Joseph's-Alexander McKay
7-9
Jr Hi Early French Immersion
Oxford
7-9
Jr Hi English Program
Highland Park
10-12
Sr Hi English Program
Citadel High School
10-12
Sr Hi Early French Immersion
Citadel High School

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