5698 Normandy Drive,Halifax Peninsula, NS B3K4J7
Halifax Peninsula, NS B3K4J7
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 Halifaxs 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 requirementsstart 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 (id:13843)
Details
| MLS # | 202625116 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 31 |
| Listing Provided By | RE/MAX Nova (Halifax) | Doug Hubley |
Features
| Acreage | 0.18 |
|---|
Interior
| Cooling | Air Conditioned |
|---|---|
| Heating | Heat Pump, Baseboard heaters, Electric, Ductless |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Balcony |
|---|---|
| Foundation Details | Concrete Perimeter, Concrete Slab |
Parking
| Parking Features | Paved Yard, Parking Space(s) |
|---|
Utilities
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
Area Information
| Province | NS |
|---|---|
| City | Halifax Peninsula |
| Postal Code | B3K4J7 |
| Listing VS Median (in B3K4J7) | |
Price: $3,598,000 low | high Med: $0 On site: 31 low | high Med: | |
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Learn More About This Property
| Province | NS |
|---|---|
| City | Halifax Peninsula |
| Postal Code | B3K4J7 |
| Listing VS Median (in B3K4J7) | |
Price: $3,598,000 low | high Med: $0 On site: 31 low | high Med: | |
