Multi-Unit

1278 Queen Street , Halifax

2-Halifax South
  • Age Of Building:142
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$ 2499000
Exceptional Investment Opportunity in Halifax. 4 prime units in a prime location, situated within a mere 5-minute stroll from Halifax's finest shopping, gourmet restaurants, lively bars, and entertainment hotspots, this property offers unparalleled convenience and lifestyle. Moreover, its proximity to hospitals and esteemed universities enhances its desirability, ensuring top notch tenants. Lucrative Rental Income. With a prime location and premium amenities, it's no surprise that this property commands impressive rental rates. Currently leased until April 2025 for $7100 per month, the primary house alone contributes significantly to the substantial NET INCOME of $152,497. Additionally, the property features two 1-bedroom suites and a 4-bedroom suite, all offering attractive rents, further bolstering its profitability. Versatility and Potential. The beauty of this property lies in its versatility. With the flexibility to accommodate various uses, from a lucrative investment venture to a remarkable family home with supplementary income, the possibilities are endless. Whether you're an astute investor or a discerning homeowner, this property offers a lifestyle that goes along with it. Prepare to be captivated by the multitude of outstanding features this home and building possess.

Area Statistics

Listing Sub-Area:2-Halifax South
Property Type:Multi-Unit
Residential Type:Fourplex
Title To Land:Freehold
Year built: 1880
Age: 142
Building Dimensions:38x42
Zoning:HCD-SV

Additional Info

Foundation:
Parking Description:4 cars

Waterfront

No

Other Details

Rental Income:Yes
Monthly Condo Fee:
Condo Fee Includes:
Condo Corporation Number:
Possession Info:Negotiable

School Info

Elementary School: Saint Mary's Elementary School
Middle School:Gorsebrook Junior High School
High School:Citadel High School
French Imm Elementary School:Lemarchant - St Thomas Elementary School
French Imm Middle School:Gorsebrook Junior High School
French Imm High School: Citadel High School
Listing Date: 2022-12-13
  • Status Active
  • Prop. Type Multi-Unit
  • MLS® Num 202227429
  • Year build 1880

Area Statistics

Listings on market

25

Avg list price

$599,900

Min list price

$249,900

Max list price

$1,350,000

Avg days on market

9

$

Min days on market

1

Max days on market

46

Avg price per sq.ft.

$

These statistics are generated based on the current listings property type and located in 1278 Queen Street , Halifax. Average values are derived using median calculations. Get Market Change Alerts

SCHOOLS

Exceptional Investment Opportunity in Halifax. 4 prime units in a prime location, situated within a mere 5-minute stroll from Halifax's finest shopping, gourmet restaurants, lively bars, and entertainment hotspots, this property offers unparalleled convenience and lifestyle. Moreover, its proximity to hospitals and esteemed universities enhances its desirability, ensuring top notch tenants. Lucrative Rental Income. With a prime location and premium amenities, it's no surprise that this property commands impressive rental rates. Currently leased until April 2025 for $7100 per month, the primary house alone contributes significantly to the substantial NET INCOME of $152,497. Additionally, the property features two 1-bedroom suites and a 4-bedroom suite, all offering attractive rents, further bolstering its profitability. Versatility and Potential. The beauty of this property lies in its versatility. With the flexibility to accommodate various uses, from a lucrative investment venture to a remarkable family home with supplementary income, the possibilities are endless. Whether you're an astute investor or a discerning homeowner, this property offers a lifestyle that goes along with it. Prepare to be captivated by the multitude of outstanding features this home and building possess.

SCHOOLS

4 tennis courts, 3 playgrounds and 5 other facilities are within a 20 min walk of this home.

SCHOOLS

Street transit stop less than a 2 min walk away. Rail transit stop less than 10 km away.
Listed by
RE/MAX Nova
32 Akerley Blvd Unit 101 Dartmouth , Nova Scotia B3B 1N1

Jeremy Snider

DOMUS REALTY
1 (902)476-7079
[email protected]

Calculate mortgage

$

5%

1%

5%

$
$

$1421

Monthly Payment

Principal & Interest $1421

Monthly Taxes $1421

Monthly HOA $1421

Monthly Insurance $1421