1178 Queen Street
Halifax, Nova Scotia
MLS® 202601446
$1,500,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 202601446
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 29Listing description
Prime 5-Unit Investment Property in Downtown Halifax. Located in the heart of the highly sought-after South End of Halifax, this exceptional 5-unit building on Queen Street presents a rare investment opportunity. Just minutes from major hospitals, both Dalhousie and Saint Marys Universities, and the vibrant Halifax waterfront, the location is second to none.
This 8 bedroom, 5 bathroom, three-level building offers a mix of thoughtfully laid-out unitsranging from bachelor suites to three-bedroom apartmentsmost with private balconies and excellent natural light. Currently generating $7,786 in monthly rental income, all units are fully leased, with a strong history of low vacancy and reliable quality tenants. Investors will appreciate the strong rental demand and premium market rents this property commands.
A key upgrade includes the installation of a natural gas boiler system, contribute to lower operating costs and improved energy efficiency. Whether you're expanding your portfolio or seeking a solid income-generating asset in one of Halifaxs most desirable neighborhoods, this property checks all the boxes.
Property summary
- MLS® number
- 202601446
- Property type
- Multi-family
- Building type
- Apartment
- Title
- Freehold
- Land size
- 0.0627 acres
- Parking
- None
- Days on market
- 214 days
Features & details
- Heating
- Baseboard heaters, Natural gas
- Basement
- Crawl space
- Flooring
- Tile, Hardwood, Laminate
- Appliances
- Refrigerator, Stove, Dryer, Washer/Dryer Combo
- Exterior features
- Vinyl
- Lot features
- Balcony
- Community features
- School Bus, Recreational Facilities
What would this home cost you?
Based on the $1,500,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Bryant Realty Atlantic, Halifax.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.