5-12+ Units - Multi-Unit Investments
57 & 58 Main Avenue
6-Fairview
Fairview
B3M 1A4
$7,675,000
Multi-Family
built: 1960
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- 202602454
- Year Built:
- 1960
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57 and 58 Main Avenue offers a fully occupied, renovated apartment investment in Fairview. The portfolio consists of two buildings located across the street from each other, with 57 Main Avenue comprising 16 units and 58 Main Avenue comprising 8 units. Both properties are fully leased under fixed-term leases, offering stable cash flow and turnkey operations. Over the holding period, the owner has completed meaningful upgrades to unit interiors and building infrastructure, including modernized unit finishes, improved common areas, and building systems. Located in Fairview, the properties benefit from strong tenant demand and convenient access to transit, local amenities, and nearby retail and services along Dutch Village Road and the Main Avenue corridor.
- From Dutch Village Road take a left onto Main Ave.
- Listing Sub-Area:
- 6-Fairview
- Property Type:
- Multi-Family
- Multi-Family Type:
- Over 12 Units
- Title To Land:
- Freehold
- Building Dimenions:
- -
- Lot Size:
- 0.51 acre(s)0.2 hectare(s)
- Prop Size:
- Under 0.5 Acres
- Commercial / Retail Space:
- No
- # of Rental Units / Occupied:
- 24
- Year built:
- 1960 (Age: 66)
- Age:
- 66
- Exterior Finish:
- Aluminium Siding, Brick
- Foundation:
- Concrete
- Basement:
- Fully Developed
- Floor Finish:
- Carpet, Hardwood, Laminate, Tile
- Roof:
- Rolled
- Heating:
- Baseboard
- Fuel:
- Electric
- Parking:
- Yes
- Parking Description:
- 27 paved parking stalls
- Driveway:
- Parking Spaces(s), Paved, Shared Driveway
- Water Supply:
- Municipal
- Water And Sewage:
- $14,349
- Sewer:
- Municipal
- Num Units:
- 24
- Num 1 Bed Units:
- 3
- Num 2 Bed Units:
- 21
- # Of Dryers:
- 2
- # Of Fridges:
- 24
- # Of Stoves:
- 24
- # Of Washers:
- 2
- Rental Income:
- Yes, $527,378
- Other Income:
- $6,528
- Approx. Net Income:
- $389,610
- Insurance Expense:
- $13,205
- Taxes Costs:
- $30,190
- Management expense:
- $15,821
- Snow / Garbage Collection:
- $8,547
- Heating Bill:
- $8,461
- Electricity Bill:
- $39,091
- Approx. Total Expense:
- $144,296
- Approx. Total Income:
- $533,906
- Cable, Laundry, Security Building, Telephone
- Park, Playground, Public Transit, Recreation Center
- Stove, Dryer, Washer, Refrigerator
- None
- None
- No
- Zoning:
- ER-2
- Possession Info:
- Immediate
Larger map options:
Listed by Keller Williams Select Realty (Branch)
Data was last updated February 16, 2026 at 03:20 PM (UTC)
Area Statistics
- Listings on market:
- 79
- Avg list price:
- $869,900
- Min list price:
- $275,000
- Max list price:
- $7,675,000
- Avg days on market:
- 74
- Min days on market:
- 1
- Max days on market:
- 487
These statistics are generated based on the current listing's property type
and located in
Halifax-Dartmouth. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- Angela Leaman
- KELLER WILLIAMS SELECT REALTY - 14094
- 9022927826
- Angela@LeamanRE.ca

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