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5698 Normandy Drive Halifax Peninsula, Nova Scotia B3K 4J7

Air Conditioned Baseboard Heaters, Heat Pump, Ductless

$3,700,000

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:29604)

Property Details

MLS® Number 202625116
Property Type Multi-family
Community Name Halifax Peninsula
Features Balcony

Building

Basement Type Unknown
Cooling Type Air Conditioned
Flooring Type Carpeted, Ceramic Tile, Vinyl
Foundation Type Concrete Perimeter, Concrete Slab
Heating Fuel Electric
Heating Type Baseboard Heaters, Heat Pump, Ductless
Type Apartment
Utility Water Municipal Water

Parking

Parking Space(s)
Paved Yard

Land

Acreage No
Sewer Municipal Sewage System
Size Irregular 0.1848
Size Total 0.1848 Ac
Size Total Text 0.1848 Ac

https://www.realtor.ca/real-estate/30363995/5698-normandy-drive-halifax-peninsula-halifax-peninsula

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Doug Hubley

(902) 478-2588
(902) 482-3101

RE/MAX Nova (Halifax)
397 Bedford Hwy
Halifax, Nova Scotia B3M 2L3

(902) 453-9300
(902) 450-0511
www.remaxnova.com/

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