For Sale: 5698 Normandy Drive, Halifax, NS - REW
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$3,700,000
0 bd • ba • sf • Multifamily
$3,700,000

5698 Normandy DriveHalifax, NS, B3K 4J7

  • 0 Bed
  • Bath
  • Sqft
  • Multifamily

About this home

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:63626)
Listed by: Doug Hubley, Salesperson, RE/MAX Nova (Halifax)

Home facts and features

Price details
List Price
$3,700,000
Home facts
Bedrooms
0
Full Bathrooms
Parking Details
Paved Yard, Parking Space(s)
Property Type
Multifamily
Lot Size
8049 ft²
Depth
Title
Freehold
Heating Type
Heat Pump, Baseboard heaters, Electric, Ductless
Cooling
Air Conditioned
Basement Details
Unknown
Features
Balcony
Agent details
Primary Agent
Doug Hubley
Primary Broker
RE/MAX Nova (Halifax)
Listing details
Days on REW
6 Days
MLS® Number
202625116
Source
Canadian Real Estate Association
Board
Nova Scotia Association of REALTORS®
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

Property Insights

St. Stephen's Elementary School
  • n/a
  • K - 6
  • In Catchment
Highland Park Junior High School
  • n/a
  • 7 - 9
  • In Catchment
St. Catherine's Elementary School
  • n/a
  • K - 6
  • In Catchment
St. Joseph's-Alexander McKay Elementary School
  • n/a
  • K - 6
  • In Catchment
Westmount Elementary School
  • n/a
  • K - 6
  • In Catchment
Joseph Howe Elementary School
  • n/a
  • K - 6
  • In Catchment
Oxford School
  • n/a
  • K - 9
  • In Catchment
St. Agnes Junior High School
  • n/a
  • 7 - 9
  • In Catchment
Sir Charles Tupper School
  • n/a
  • K - 6
  • In Catchment
Halifax Central Junior High School
  • n/a
  • 7 - 9
  • In Catchment
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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