2-4 Unit - Multi-Units Investments
5283 South Street
2-Halifax South
Halifax Peninsula
B3J 1A3
$1,925,000
Multi-Family
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- 202526569
- Photos (36)
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Presenting an exceptional investment opportunity in Halifax’s prestigious South End, 5283 South Street is a partially occupied, cash flow–positive triplex offering a rare combination of strong rental performance, prime location, and future development potential. The property features two spacious 4-bedroom units and one 2-bedroom apartment, each well-maintained and highly appealing to student and professional tenants. With six dedicated parking spaces, furnished rooms, included appliances, and shared coin-operated laundry, this property operates efficiently with proven rental history. Perfectly situated between Dalhousie University and Saint Mary’s University, and within walking distance to hospitals, restaurants, anddowntown amenities, it offers unbeatable convenience and enduring rental demand. Adding further value, the 6000 sq. ft. lot allows for a potential 4-unit backyard suite—making this a secure, high-performing investment in one of Halifax’s most desirable neighborhoods.
- Barrington Street to South Street
- Listing Sub-Area:
- 2-Halifax South
- Property Type:
- Multi-Family
- Multi-Family Type:
- Triplex
- Title To Land:
- Freehold
- Building Dimenions:
- 42.5 X 50.3
- Lot Size:
- 5,998 sq. ft.557 m2
- Prop Size:
- Under 0.5 Acres
- Commercial / Retail Space:
- No
- # of Rental Units / Occupied:
- 3
- Age:
- 145
- # Floors:
- 3
- Exterior Finish:
- Wood Siding
- Foundation:
- Concrete
- Basement:
- Fully Developed
- Floor Finish:
- Carpet, Engineered Hardwood, Hardwood
- Roof:
- Asphalt Shingle
- Heating:
- Furnace, Radiator
- Fuel:
- Oil
- Driveway:
- Gravel, Parking Spaces(s)
- Water Supply:
- Municipal
- Water And Sewage:
- 3357
- Sewer:
- Municipal
- Num Units:
- 3
- Num 2 Bed Units:
- 1
- Num 4 Bed Units:
- 2
- # Of Dryers:
- 1
- # Of Fridges:
- 5
- # Of Stoves:
- 3
- # Of Washers:
- 1
- Rental Income:
- Yes, 114000
- Laundry Income:
- 1960
- Other Income:
- 2100
- Approx. Net Income:
- 90362
- Insurance Expense:
- 5656
- Taxes Costs:
- 7787
- Maintenace:
- 303.0
- Snow / Garbage Collection:
- 1100
- Heating Bill:
- 5575
- Electricity Bill:
- 3920
- Approx. Total Expense:
- 27698
- Approx. Total Income:
- 118060
- All furniture and kitchen appliances
- Tenant belongings
- Park, Playground, Public Transit, School Bus Service, Shopping, Beach
- Water Heater
- Shed
- No
- Zoning:
- ER-2
- Possession Info:
- Negotiable
- Elementary School:
- Inglis Street Elementary School
- French Imm Elementary School:
- Lemarchant - St Thomas Elementar
- French Imm High School:
- Citadel High School
- High School:
- Citadel High School
- Middle School:
- Gorsebrook Junior High School
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Larger map options:
Listed by Keller Williams Select Realty
Data was last updated October 26, 2025 at 07:20 AM (UTC)
Area Statistics
- Listings on market:
- 15
- Avg list price:
- $1,395,000
- Min list price:
- $889,900
- Max list price:
- $2,400,000
- Avg days on market:
- 62
- Min days on market:
- 2
- Max days on market:
- 502
These statistics are generated based on the current listing's property type
and located in
2-Halifax South. 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
- Trish Leaman
- KELLER WILLIAMS SELECT REALTY - 14094
- 902-452-6023
- Trish@LeamanRE.ca

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