2-4 Unit - Multi-Units Investments
2-4 Unit - Multi-Unit Investment
2-4 Unit - Multi-Unit Investment
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358-360 St Margarets Bay Road in Armdale: 8-Armdale/Purcell's Cove/Herring Cove Multi-Family for sale (Halifax-Dartmouth) : MLS®# 202614388
358-360 St Margarets Bay Road Armdale B3N 1J9 
$749,900Multi-Family- Status:
- Active
- MLS® Num:
- 202614388
INVESTOR ALERT – Rare value add opportunity in one of Halifax’s strongest rental corridors. This solid multi unit property includes three spacious two bedroom units plus an existing non legal one bedroom basement suite and offers investors a rare advantage of all units vacant at closing, allowing a buyer to immediately renovate, set market rents, and reposition the building to maximize returns from day one. Each upper unit is self contained with its own entrance, hardwood floors, updated windows, and private balconies that provide excellent natural light. The building is efficiently configured with four electrical panels and separate hot water heaters, with tenants paying their own electricity, helping keep operating costs low and management simple. Recent improvements include new siding and fresh paint in two units, reducing near term capital requirements while maintaining strong tenant appeal. Situated on a 50 x 145 ft lot with parking for at least five vehicles, the property offers excellent tenant convenience in a desirable rental location. For investors focused on maximizing value, there is strong upside through renovations and repositioning. Updating the units with modern kitchens and finishes, adding shared laundry, and exploring the opportunity to legalize and improve the existing basement suite (subject to municipal approval) could significantly increase income potential. Based on current market estimates, renovated two bedroom units could achieve approximately $2,000 per month plus utilities, with the one bedroom basement unit estimated around $1,500 per month, creating potential gross rental income of approximately $90,000 annually once stabilized. Ideally located minutes from the Armdale Rotary, Chocolate Lake, and major transit routes, this fully vacant property presents investors with a rare opportunity to renovate, increase rents, and unlock strong long term cash flow and long term equity growth in Halifax’s high demand rental market. More detailsListed by Century 21 Optimum Realty- Angela Leaman
- KELLER WILLIAMS SELECT REALTY - 14094
- 9022927826
- Angela@LeamanRE.ca
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4 Club Road in Hatchet Lake: 40-Timberlea, Prospect, St. Margaret's Bay Multi-Family for sale (Halifax-Dartmouth) : MLS®# 202614460
4 Club Road Hatchet Lake B3T 1P8
$599,000Multi-Family- Status:
- Active
- MLS® Num:
- 202614460
Welcome to 4 Club Road, a well-maintained split entry home in the desirable Hatchet Lake community, offering over 2,200 sq ft of finished living space on a spacious 0.67 acre lot. This versatile property features a bright 3-bedroom upper level and a fully developed 2-bedroom lower level with walkout; perfect for a growing family, in-law suite, or home office setup. Both levels have their own entrances and laundry hookups. The main floor features a spacious living room with fireplace, separate dining room, and eat-in kitchen with patio doors opening to a large backyard. Three generously sized bedrooms with ample closet space. The lower level offers a living room, dining room, eat-in kitchen, two bedrooms, and two separate entrances. Attached single-car garage with long paved driveway. Poured concrete foundation. Well with water treatment system. Septic (recently serviced). Located just 15 minutes from Halifax and under 10 minutes from Bayers Lake, with community playground, recreation centre, schools, and shopping nearby. Over $100K in renovations and upgrades have been completed in 2024-2026. More detailsListed by Century 21 All Points- Angela Leaman
- KELLER WILLIAMS SELECT REALTY - 14094
- 9022927826
- Angela@LeamanRE.ca
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1197-1199 St. Margaret's Bay Road in Beechville: 40-Timberlea, Prospect, St. Margaret's Bay Multi-Family for sale (Halifax-Dartmouth) : MLS®# 202614472
1197-1199 St. Margaret's Bay Road Beechville B3T 1A7
$479,900Multi-Family- Status:
- Active
- MLS® Num:
- 202614472
Lake-front duplex minutes from Armdale roundabout! Located close to Bayer's Lake, the BLT Rails to Trails system, public transit, schools and with quick access to Highways 102 and 103, this versatile dulpex offers convenience, functionality and investment in a sought-after location. The rear unit (1197) features a loft-style layout with one bedroom + kitchen/living room, 1 bathroom and a private balcony overlooking Lovett Lake, creating a bright and unique living space. The front unit (1199) offers a spacious two-level layout with 3 bedrooms + den/office space, 1.5 bathrooms, a large kitchen and dining area, living room and generous second level storage. Both units are separately metered, making the property ideal for investors or owner-occupants seeking rental income potential. Recent upgrades include new bathroom floor on the main level (2026), foundation improvements (2026) and new hot water heater (2025). Electrical updates were done in 2020. With the close proximity to shopping, recreation, walking trails, schools and major commuter routes, this property represents an excellent opportunity for multi-living or long term investment. More detailsListed by Century 21 All Points- Angela Leaman
- KELLER WILLIAMS SELECT REALTY - 14094
- 9022927826
- Angela@LeamanRE.ca
Data was last updated June 15, 2026 at 07:20 PM (UTC)
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