2-4 Unit - Multi-Units Investments
1278 Queen Street
2-Halifax South
Halifax
B3J 2H4
$2,375,000
Multi-Family
built: 1880
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- 202618210
- Year Built:
- 1880
- Photos (49)
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A brilliant opportunity to purchase one of Schmidtville's distinguished Georgian mansions, where executive urban living is enhanced by approximately $95,000 in annual rental income from three self-contained and separate rental suites (1 X 4 Bedroom and 2 X 1 Bedroom units). Enjoy an exceptional family home where you can maintain independent living while significantly offsetting ownership costs, OR maximize the property's income potential by leasing all four units to generate approximately $180,000 in annual gross rental income. The primary residence spans +/- 3,400 sf over three levels, offering six bedrooms, four bathrooms, soaring ceilings, elegant principal rooms, abundant natural light, two offices, rooftop and garden terraces, plus off-street parking for 3-4 vehicles. Fully renovated in 2019 to a high quality standard, this remarkable 6,400 sf property is steps from Spring Garden Road, hospitals, universities and all downtown amenities.
- Spring Garden Road to Queen Street (beside Atlantic News)
- Listing Sub-Area:
- 2-Halifax South
- Property Type:
- Multi-Family
- Multi-Family Type:
- Fourplex
- Title To Land:
- Freehold
- Building Dimenions:
- 71.8 x 37.10 +/-JOGS
- Outside Dimenions:
- 71.8 x 37.10 +/-JOGS
- Lot Size:
- 4,400 sq. ft.409 m2
- Prop Size:
- Under 0.5 Acres
- Commercial / Retail Space:
- No
- # of Rental Units / Occupied:
- 4
- Year built:
- 1880 (Age: 146)
- Age:
- 146
- # Floors:
- 3
- Exterior Finish:
- Wood Shingles
- Foundation:
- Block, Concrete, Stone
- Basement:
- Fully Developed, Walkout
- Floor Finish:
- Carpet, Hardwood, Laminate, Tile, Vinyl
- Roof:
- Asphalt Shingle, Other
- Heating:
- Baseboard, Hot Water, In Floor, Radiant, Radiator
- Fuel:
- Natural Gas
- Parking:
- Yes
- Parking Description:
- 3-4 stalls via ROW off Queen Street
- Driveway:
- Gravel, Parking Spaces(s), Shared Driveway
- Water Supply:
- Municipal
- Water And Sewage:
- 2572
- Sewer:
- Municipal
- Num Units:
- 4
- Num 1 Bed Units:
- 2
- Num 4 Bed Units:
- 1
- # Of Dishwashers:
- 4
- # Of Dryers:
- 5
- # Of Fridges:
- 4
- # Of Microwaves:
- 1
- # Of Stoves:
- 4
- # Of Washers:
- 5
- Rental Income:
- Yes, $180,540 (estimated)
- Approx. Net Income:
- $132,300 (estimated)
- Insurance Expense:
- 7248
- Taxes Costs:
- 23915
- Other Costs:
- 2500
- Maintenace:
- 3500.0
- Heating Bill:
- 6962
- Electricity Bill:
- 1543
- Approx. Total Expense:
- 48240
- Approx. Total Income:
- $180,540 (estimated)
- Apt Conforming, Balcony, Ensuite Bath, Laundry, Multi-Use Rooms, Secondary Suite, See Remarks
- All landlord owned appliances
- Tenant possessions
- Park, Playground, Public Transit, Shopping, Place of Worship
- Range - Electric, Dishwasher, Dryer, Washer, Microwave, Refrigerator
- None
- Deck, Patio
- No
- Assessment:
- 2144800.0
- Assessment Year:
- 2026
- Zoning:
- HCD-SV
- Possession Info:
- Negotiable
- Elementary School:
- Saint Mary's Elementary School
- French Imm Elementary School:
- Lemarchant - St Thomas Elementary School
- French Imm High School:
- Citadel High School
- French Imm Middle School:
- Gorsebrook Junior High School
- High School:
- Citadel High School
- Middle School:
- Gorsebrook Junior High School
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Listed by Red Door Realty
Data was last updated July 22, 2026 at 06:30 AM (UTC)
Area Statistics
- Listings on market:
- 13
- Avg list price:
- $1,798,000
- Min list price:
- $929,900
- Max list price:
- $6,595,000
- Avg days on market:
- 77
- Min days on market:
- 1
- Max days on market:
- 179
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

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