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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123 Evans Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth) : MLS®# 202614264
123 Evans Avenue Fairview B3M 1C8
$639,900Multi-Family- Status:
- Active
- MLS® Num:
- 202614264
Prime Development & Income Potential in the Heart of Fairview! Welcome to 123 Evans Avenue, a versatile property offering an incredible blend of comfortable family living, immediate rental potential, and future development gold. Situated on a beautifully treed, private lot in one of Halifax's most rapidly evolving and accessible neighborhoods, this property is a rare find for savvy investors, developers, and multi-generational families alike. The main level of this charming bungalow features a bright and spacious layout with 3 comfortable bedrooms, a full 4-piece bath, and ductless heat pumps for energy-efficient heating and cooling. Adding to its unique character is a fantastic loft space situated over the garage currently used as the primary but perfect for a home office, studio, or rec room as well. The fully finished walk-out basement maximizes the home's footprint, boasting a large, self-contained suite complete with 2 additional bedrooms plus a dedicated office space. Equipped with its own heat pump, this level offers the perfect configuration for an Airbnb or secondary suite to generate steady monthly income. The exterior matches the interior’s potential with a detached storage shed and a lush, tree-lined backyard. Best of all, the lot is strategically zoned to allow for up to 4 units, providing massive long-term equity growth and redevelopment options. Fairview offers a vibrant community feel with an effortless commute to the Halifax Peninsula. You have immediate access to Joseph Howe Drive, the 102 Highway, and major bus routes. For recreation and shopping, you are minutes away from the Halifax Shopping Centre, the Canada Games Centre, and the popular Chain of Lakes Trail for year-round walking and cycling. Plus, you are just steps from local favorite eateries along Dutch Village Road, excellent schools, and everyday amenities. Don't miss out on this opportunity! More detailsListed by Viewpoint Realty Services Inc.- Angela Leaman
- KELLER WILLIAMS SELECT REALTY - 14094
- 9022927826
- Angela@LeamanRE.ca
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29 Joyce Avenue in Halifax: 7-Spryfield Multi-Family for sale (Halifax-Dartmouth) : MLS®# 202614287
29 Joyce Avenue Halifax B3P 1W7
$599,900Multi-Family- Status:
- Active
- MLS® Num:
- 202614287
Sweet duplex is perfect for first-time home buyers who want assistance with mortgage payments while building their own equity. Equally suitable for families who have an aging parent or adult children who need their own space, yet are close by. Completely redone inside means families can move in worry-free. Basement unit has big windows and its own private entrance. Bordering on Ravenscraig subdivision in this lovely, quiet area that is still within walking distance to everything More detailsListed by Sutton Group Professional Realty- Angela Leaman
- KELLER WILLIAMS SELECT REALTY - 14094
- 9022927826
- Angela@LeamanRE.ca
Data was last updated June 15, 2026 at 01:20 PM (UTC)
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