2-4 Unit - Multi-Units Investments
7 School Avenue
6-Fairview
Fairview
B3N 2E1
$725,000
Multi-Family
built: 1967
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- 202622616
- Year Built:
- 1967
- Photos (50)
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Excellent investment opportunity in a highly convenient Fairview location! This well-maintained property is configured for three units but is currently being rented as two, offering an investor an exciting opportunity to maximize the income potential with minimal changes needed to convert to three legal units. Two excellent tenants are currently in place, and both would love the opportunity to stay. The upper level features a spacious 3-bedroom unit currently rented for $1,730/month, while the middle level offers another 3-bedroom unit and the lower level features a 1-bedroom unit. The middle and lower units are currently rented together for $3,000/month, bringing the current total rental income to $4,730/month. With the property currently operating as two rental units and rents offering room for growth, there is significant upside for an investor looking to increase future rental income. All units are in great condition, with separate entrances and multiple paved parking spaces. Heating is provided by electric baseboards and ductless heat pumps, with tenants paying their own heat and electricity. The property has seen approximately $70,000 in upgrades since 2022, including a brand-new multi-level deck, updated flooring in the lower unit, new appliances, and numerous other improvements. Outside, enjoy a beautiful level backyard with plenty of usable space and a convenient shed for additional storage. Located close to shopping, schools, restaurants, public transit, parks and everyday amenities, with easy access to both Halifax and Dartmouth, this is an ideal opportunity for investors seeking strong existing income, quality tenants, excellent condition and substantial future rental upside. With the building already configured for three units and only minimal changes anticipated to transition to three legal units, this property offers an excellent opportunity to unlock even greater income potential.
- Dutch Village to Westerwald to Melrose to School Ave
- Listing Sub-Area:
- 6-Fairview
- Property Type:
- Multi-Family
- Multi-Family Type:
- Triplex
- Title To Land:
- Freehold
- Building Dimenions:
- 43 x 26 ft
- Lot Size:
- 6,111 sq. ft.568 m2
- Prop Size:
- Under 0.5 Acres
- # of Rental Units / Occupied:
- 3
- Year built:
- 1967 (Age: 59)
- Age:
- 59
- Exterior Finish:
- Brick, Vinyl
- Foundation:
- Concrete
- Basement:
- Fully Developed
- Floor Finish:
- Laminate, Tile
- Roof:
- Asphalt Shingle
- Heating:
- Baseboard, Heat Pump -Ductless
- Fuel:
- Electric
- Garage Description:
- None
- Parking:
- Yes
- Parking Description:
- Multiple cars
- Driveway:
- Paved
- Water Supply:
- Municipal
- Water And Sewage:
- 2387 Yearly
- Sewer:
- Municipal
- Num Units:
- 3
- Num 1 Bed Units:
- 1
- Num 3 Bed Units:
- 2
- # Of Dishwashers:
- 2
- # Of Dryers:
- 2
- # Of Fridges:
- 3
- # Of Stoves:
- 3
- # Of Washers:
- 2
- Rental Income:
- Yes, 4730 Monthly
- Approx. Net Income:
- 43764.95
- Insurance Expense:
- 3287
- Taxes Costs:
- 6148.05
- Other Costs:
- Pest control 723 yearly
- Approx. Total Expense:
- 12545.05
- Approx. Total Income:
- 56310 Yearly
- Air Conditioning, Apt Non-Conforming, Laundry, Secondary Suite
- All appliances
- Tenant belongings
- Park, Playground, Public Transit, Recreation Center, School Bus Service, Shopping, Place of Worship
- Stove, Dishwasher, Dryer, Washer, Refrigerator
- None
- Shed
- No
- Assessment:
- 709900.0
- Assessment Year:
- 2026
- Zoning:
- R-2 - RESIDENTIAL MEDIUM DENISTY
- Possession Info:
- Negotiable
- Elementary School:
- Burton Ettinger Elementary School
- French Imm Elementary School:
- Burton Ettinger Elementary School
- French Imm High School:
- Halifax West High School
- French Imm Middle School:
- Fairview Junior High School
- High School:
- Halifax West High School
- Middle School:
- Fairview Junior High School
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Well-kept exterior
-
Multiple vehicle parking
-
Main level 3 bed unit
-
Open concept living and dining
-
Photo 5 of 50
-
Bright living room
-
Photo 7 of 50
-
Photo 8 of 50
-
Newer appliances in kitchen
-
Photo 10 of 50
-
Bedroom 1
-
Bedroom 2
-
Bedroom 3
-
Full bathroom
-
Floor plan of main level 3 bed unit
-
Heading upstairs to 3 bed upper unit
-
Photo 17 of 50
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Large entryway
-
Bright living room
-
Photo 20 of 50
-
Open concept kitchen and dining
-
Photo 22 of 50
-
Newer appliances in kitchen
-
Photo 24 of 50
-
Bedroom 1
-
Bedroom 2
-
Bedroom 3
-
Laundry and second exit
-
Full bathroom
-
Floorplan upper 3 bed unit
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Basement entrance
-
Large entryway
-
Photo 33 of 50
-
Laundry and utility room
-
Large full bathroom
-
Living room
-
Open concept living room with kitchen and dining
-
Photo 38 of 50
-
Basement kitchen
-
Photo 40 of 50
-
Photo 41 of 50
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Very large bedroom
-
Floorplan of basement 1 bed unit
-
Panels (located in basement unit)
-
New upper level deck
-
Photo 46 of 50
-
New lower level deck
-
Flat sunny yard
-
Tons of green space
-
Shed
Larger map options:
Listed by Exit Realty Metro
Data was last updated September 8, 2026 at 11:20 PM (UTC)
Area Statistics
- Listings on market:
- 10
- Avg list price:
- $607,950
- Min list price:
- $485,000
- Max list price:
- $3,999,900
- Avg days on market:
- 61
- Min days on market:
- 1
- Max days on market:
- 365
These statistics are generated based on the current listing's property type
and located in
6-Fairview. 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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