5-12+ Units - Multi-Unit Investments
1463 Highway 214
105-East Hants/Colchester West
Nine Mile River
B2S 2R4
$925,000
Multi-Family
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- 202611705
- Photos (20)
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INVESTORS DREAM! An exceptional and rare investment opportunity has arrived in East Hants. Multi-unit apartment buildings of this size seldom come up for sale in the area, and this turn-key six-unit property features strong rental income that fully supports its price. Located in Nine Mile River, the building offers an ideal rental mix consisting of four 1-bedroom units and two 2-bedroom units. The property has been exceptionally well-maintained, with five of the six units already updated. This includes one apartment that underwent a total top-to-bottom renovation in 2025, and two other units that received fresh paint and modern upgrades. Additionally, the common laundry area has been updated with newer coin-operated washers and dryers. Outside, tenants and guests will enjoy ample parking space available in both the front and back of the building. The location is highly convenient for commuters and excellent for tenant retention, sitting just 5 minutes from the Elmsdale core, 15 minutes to the Halifax Stanfield International Airport, and 40 minutes to Halifax. With major updates already complete and strong numbers in place, this is an East Hants opportunity you do not want to miss.
- #1463 on Highway 214, Nine Mile River
- Listing Sub-Area:
- 105-East Hants/Colchester West
- Property Type:
- Multi-Family
- Multi-Family Type:
- 5 - 8 Unit
- Title To Land:
- Freehold
- Building Dimenions:
- Irregular
- Lot Size:
- 0.7 acre(s)0.28 hectare(s)
- Prop Size:
- 0.5 to 0.99 Acres
- Commercial / Retail Space:
- No
- # of Rental Units / Occupied:
- 6
- # Floors:
- 3
- Exterior Finish:
- Vinyl
- Foundation:
- Concrete
- Basement:
- Fully Developed, Walkout
- Floor Finish:
- Carpet, Ceramic, Laminate, Linoleum
- Roof:
- Asphalt Shingle
- Heating:
- Baseboard
- Fuel:
- Electric
- Driveway:
- Parking Spaces(s), Paved
- Water Supply:
- Drilled Well
- Sewer:
- Septic
- Num Units:
- 6
- Num 1 Bed Units:
- 4
- Num 2 Bed Units:
- 2
- # Of Dryers:
- 1
- # Of Fridges:
- 6
- # Of Stoves:
- 6
- # Of Washers:
- 1
- Rental Income:
- Yes, 77484
- Laundry Income:
- 2100
- Insurance Expense:
- 2813
- Taxes Costs:
- 3285
- Snow / Garbage Collection:
- 450
- Electricity Bill:
- 1500
- Cable, Laundry, Power, Storage
- Playground, Recreation Center, School Bus Service
- Stove, Dryer, Washer, Refrigerator, Water Softener
- Water Softener
- Shed
- No
- Zoning:
- R2
- Possession Info:
- As Agreed
- Elementary School:
- Elmsdale District Elementary School
- High School:
- Hants East Rural High School
- Middle School:
- Riverside Education Centre
Larger map options:
Listed by Royal LePage Atlantic (Enfield)
Data was last updated July 16, 2026 at 09:20 PM (UTC)
Area Statistics
- Listings on market:
- 118
- Avg list price:
- $819,900
- Min list price:
- $349,900
- Max list price:
- $6,595,000
- Avg days on market:
- 53
- Min days on market:
- 1
- Max days on market:
- 633
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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