Skip to content
Renanza Realty
For sale

224-238 Gabriel Road

Falmouth, Nova Scotia

MLS® 202619224

$2,145,000

Status
Active
Property type
Multi-family
MLS® number
202619224
Bedrooms
Bathrooms
Year built
2013

Listing description

Exceptional Duplex Rental Portfolio - Introducing a premier 8-unit rental portfolio on desirable Gabriel Road in Falmouth. The package consists of 4 PIDs, each with a quality-built detached duplex featuring a spacious 3-bed, 1-bath upper unit paired with a versatile 2-bed+den, 1-bath lower unit. Thoughtfully-designed, functional layouts offer private entries, ample parking, and inviting outdoor spaces including front and rear decks.

The interiors showcase beautiful finishes throughout, large eat-in kitchens, open living spaces and expansive windows that provide abundant natural light. Practical touches include large bathrooms with laundry and over-sized utility closets for extra storage. The naturally sloping lot allows for full walk-outs that keep the lower units bright and airy year-round.

Duplex living consistently attracts high-quality tenants and families drawn to the privacy, yard space and convenience over larger apartment complexes. Proximity to excellent schools, local shopping, groceries, cafes and essential services ensures everyday convenience, along with easy access to the local sports complex and hospital in Windsor. Quick highway access also makes Halifax a manageable commute, broadening the appeal for stable tenant acquisition for years to come.

These properties are professionally managed and meticulously maintained, providing a turn-key income-producing asset with quality tenants on a mix of fixed-term and month-to-month leases. Plus, the contiguous nature of this portfolio delivers powerful economies of scale, reducing property management costs, maintenance logistics and landscaping expenses compared to scattered holdings. Properties of this nature and calibre rarely become available.

This is an ideal acquisition for investors seeking a substantial multi-family portfolio in a single transaction all with the long-term flexibility of multiple PIDs.

Property summary

MLS® number
202619224
Property type
Multi-family
Building type
Apartment
Title
Freehold
Land size
1.3426 acres
Built in
2013
Parking
Gravel
Days on market
48 days

Features & details

Heating
Baseboard heaters, Electric
Flooring
Laminate, Ceramic Tile
Exterior features
Vinyl
Community features
School Bus, Recreational Facilities

What would this home cost you?

Based on the $2,145,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$9,980 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Engel & Volkers (Wolfville), Wolfville.

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.

224-238 Gabriel Road, Falmouth, Nova Scotia — For Sale | Renanza