Main Points Of Interest
For Sale
$799,900
Status
Active
Assessment
$402,200 (2012)
Age
87
Days Listed
220
List Date
June, 28th, 2022
MLS®#
202215467
Prop Type
Triplex
Zoning
ER-2
Lot Size
Lot Size M
4,896 sq ft
Acres
Under 0.5 Acres
Legal Desc
LOT 27
Water
Municipal
Sewer
Municipal

Bursting with character and charm, this peninsula triplex is perfectly positioned just steps from the halifax commons in one of halifax's most desirable neighbourhoods. This century home offers 1x 2 bedroom unit and 2x 1 bedroom units. Recent updates, in-unit laundry, private backyard with multi-level deck and lots of parking (5 paved spaces) have made attracting tenants a breeze. This property has undergone numerous updates over the last 10 years, including: some new appliances, ductless heat pump (2013), updated kitchen unit 3 (2014), front and side vinyl windows (2014), roof (2014). The large 4,896 sq ft / 150' deep lot allows for the addition of a backyard suite to further increase the rental potential. (development permit in place). All three units are currently occupied, offering the savvy investor a low-maintenance, set-and-forget addition to their portfolio. For an owner-occupier, the spacious main-floor 2 bedroom unit with access to the lower level, offers the opportunity to live in central halifax location while renting out two units to help off-set the mortgage. With a walk score of 81, most errands can be accomplished on foot. Walking distance to fantastic restaurants, major bus routes, hospitals and universities. While this property is located in an area affected by the ban on foreign buyers, there are exemptions to the policy! Some photos have been virtually staged.


Dwelling Details
Commercial Space
No
Year Built (approx)
1935
Heating
Baseboard,Heat Pump -Ductless
Fuel Type
Electric
Foundation
Concrete,Stone
Basement
Partially Developed
Exterior
Vinyl
Dimensions
Roof
Rolled
Flooring
Carpet,Hardwood,Laminate,Linoleum
Appliances
Stove,Dryer,Washer,Refrigerator
Rental Equip
None
Land Details
Migrated
Yes
Title To Land
Freehold
Restrictive Covs
No
PID#
00146381
County
Halifax
Postal Code
B3K 4V7
Directions
Cunard St Or Charles St To Hunter St.
Parking/Garage Details
Garage
No
Garage Details
Driveway
Parking Spaces(s),Paved
Parking Y/N
Yes
Parking Details
(Multiple paved parking spaces)
RENTAL UNITS & APPLIANCES
Bach Units
0
1 Bedrm Units
2
2 Bedrm Units
1
3 Bedrm Units
0
4 Bedrm Units
0
Units Occupied
3
Stoves
3
Fridges
3
Dishwashers
2
Microwaves
0
Washers
3
Dryers
3
Jerry Lynds Halifax real estate agent There is no substitute for seeing the real thing. Contact Jerry now for a no hassle viewing of this property!

Request viewing or more information!

email confirmation message

This email will automatically attach to itself all of the necessary info that is needed to identify this property. I will do my best to get back you as soon as possible! - Jerry

Close [X]
Other Details
Original Price
$899,900 (since reduced $100,000)
Last Price Change
November, 2nd, 2022
Inclusions
Standard Appliances.
Exclusions
PCDS
Yes
Possession
Negotiable - As Per Current Tenancy Agreements
Docs On File
Aerial Photos,Floor Plan,Leases,Other Documents
MLS® Area
Halifax - Dartmouth: 4-Halifax West
Listing Office
Engel & Volkers
FINANCIALS
income
Rental Income37,200
Laundry Income
Other Income
Gross Income37,20037,200
EXPENSES
Insurance2,200
Heating
Management
Maintenance895
Electricity3,500
Taxes5,327
Water/Sewage1,242
Snow/Garbage
Other Costs
Total Expenses13,16513,165
Summary
Net Income24,034
Lat/Lng:
44.651791, -63.595188
Local ammenities go here
MUNICIPAL INFORMATION
SCHOOL INFO (Select Data Source)

GRADE
PROGRAM
SCHOOL
PR-6
Elementary French Immersion
St. Catherine's
PR-6
Elementary English Program
Oxford
7-9
Jr Hi Early French Immersion
Oxford
7-9
Jr Hi English Program
Oxford
10-12
Sr Hi English Program
Citadel High School
10-12
Sr Hi Early French Immersion
Citadel High School

Please note images may not be up to date