MLS® 202227429
List Price$2,499,000
PID00093658
TypeFourplex
Age 142
Lot Size
List Date Dec. 13, 2022 (497 Days)

Overview

1278 Queen Street, Halifax, NS (MLS® 202227429): 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.

Listing Courtesy of: RE/MAX Nova (Halifax)


Directions

Directions to 1278 Queen Street, Halifax, NS (MLS® 202227429): Spring Garden Road to Queen Street South


Inclusions

All appliances


Exclusions

personal & tenants belongings


Features

  • Balcony
  • Dining Room
  • Ensuite Bath
  • Family Room
  • Fireplace(s)
  • Laundry
  • Main Flr Fam Rm
  • Multi-Use Rooms
  • Secondary Suite

Community Features

  • Park
  • Public Transit
  • Recreation Center
  • School Bus Service
  • Shopping
  • Place of Worship

Schools near 1278 Queen Street, Halifax, NS (MLS® 202227429)

Type Name
Elementary SchoolSaint Mary's Elementary School
Middle SchoolGorsebrook Junior High School
High SchoolCitadel High School
Elementary School (Fr. Imm.)Lemarchant - St Thomas Elementary School
Middle School (Fr. Imm.)Gorsebrook Junior High School
High School (Fr. Imm.)Citadel High School

Similar Listings


The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

Homes in HRM

Sheila Banser is an award-winning REALTOR® at Royal LePage Atlantic in Halifax, Nova Scotia. Since 2003, Sheila has been helping clients buy and sell their homes in Halifax, Bedford, Dartmouth, Hammonds Plains, Sackville, Timberlea, Fall River and beyond.

Contacts

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