2-4 Unit - Multi-Units Investments
3728 Prospect Road
40-Timberlea, Prospect, St. Margaret's Bay
Shad Bay
B3T 2B4
$774,900
Multi-Family
built: 1981
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- 202528841
- Year Built:
- 1981
- Photos (41)
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High-Performing Triplex in conveniently located Prospect – $5,600/Month in Rental Revenue! A rare opportunity in the coastal community of Prospect, Nova Scotia — this well-maintained triplex delivers impressive cash flow. Fully rented with stable, longer-term tenants, this property is an excellent turnkey addition to any investment portfolio. Each unit offers bright, functional living spaces, appealing to a wide range of renters drawn to Prospect’s peaceful seaside setting and easy access to Halifax. Situated minutes from scenic walking trails, ocean viewpoints, and all local conveniences with Downtown Halifax only 25 minutes away, this property blends reliable revenue with the lifestyle charm that makes Prospect so desirable. Whether you’re expanding your holdings or entering the multi-unit market, this triplex offers immediate income and long-term upside.
- Prospect Road to Shad Bay
- Listing Sub-Area:
- 40-Timberlea, Prospect, St. Margaret's Bay
- Property Type:
- Multi-Family
- Multi-Family Type:
- Triplex
- Title To Land:
- Freehold
- Building Dimenions:
- 58.3x23 + Jog
- Lot Size:
- 1.48 acre(s)0.6 hectare(s)
- Prop Size:
- 1 to 2.99 Acres
- Commercial / Retail Space:
- No
- # of Rental Units / Occupied:
- 3
- Year built:
- 1981 (Age: 44)
- Age:
- 44
- Exterior Finish:
- Vinyl
- Foundation:
- Concrete
- Basement:
- Partially Developed, Walkout
- Floor Finish:
- Hardwood, Laminate, Tile
- Roof:
- Asphalt Shingle
- Heating:
- Furnace
- Fuel:
- Oil
- Parking:
- Yes
- Parking Description:
- Gravel driveway
- Driveway:
- Gravel, Parking Spaces(s)
- Water Supply:
- Drilled Well
- Sewer:
- Septic
- Num Units:
- 3
- # Of Dishwashers:
- 3
- # Of Dryers:
- 3
- # Of Fridges:
- 3
- # Of Stoves:
- 3
- # Of Washers:
- 3
- Rental Income:
- Yes, 5600 monthly
- Approx. Net Income:
- 61700
- Insurance Expense:
- 2500
- Taxes Costs:
- 3000
- Approx. Total Expense:
- 5500
- Approx. Total Income:
- 67200
- Laundry, Storage
- Park, Recreation Center, School Bus Service
- Dryer, Washer
- None
- None
- No
- Zoning:
- RB-2
- Possession Info:
- Negotiable
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Listed by RE/MAX Nova
Data was last updated December 2, 2025 at 11:20 PM (UTC)
Area Statistics
- Listings on market:
- 88
- Avg list price:
- $832,000
- Min list price:
- $275,000
- Max list price:
- $6,900,000
- Avg days on market:
- 69
- Min days on market:
- 1
- Max days on market:
- 539
- Avg price per sq.ft.:
- $302.72
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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