1178 Queen St Active

Halifax,NS B3H 2S3

$ 1500000

6 Beds

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202511167

Bedrooms 6

Lot Size 2,731 Sqft

Property Sub-Type Multi Family

Property Description

Prime 5-Unit Investment Property in Downtown Halifax. Located in the heart of the highly sought-after South End of Halifax, this exceptional 5-unit building on Queen Street presents a rare investment opportunity. Just minutes from major hospitals, both Dalhousie and Saint Mary's Universities, and the vibrant Halifax waterfront, the location is second to none. This 8 bedroom, 5 bathroom, three-level building offers a mix of thoughtfully laid-out units—ranging from bachelor suites to three-bedroom apartments—most with private balconies and excellent natural light. Currently generating $7,208 in monthly rental income, all units are fully leased, with a strong history of low vacancy and reliable quality tenants. Investors will appreciate the strong rental demand and premium market rents this property commands. A key upgrade includes the installation of a natural gas boiler system, contribute to lower operating costs and improved energy efficiency. Whether you're expanding your portfolio or seeking a solid income-generating asset in one of Halifax's most desirable neighborhoods, this property checks all the boxes.

Location

Province NS

County Halifax

Area 2-Halifax South

Zoning ER-2

Interior

Heating Baseboard

Flooring Hardwood,Laminate,Tile

Inclusions Washer/Dryer, Appliances

Equipment No Rental Equipment

Laundry Laundry

Exterior

Exterior Feature Balcony

Community Features Park,Playground,Near Public Transport,Recreation Center,School Bus Service,Shopping,Marina,Place of Worship

Utilities Available Natural Gas Connected

View Y/N No

Roof Type Tar/Gravel

Building

Lot Description Under 0.5 Acres

Foundation Stone

Sewer Municipal

Water Municipal

New Construction No

Schools

Elementary Schools St. Mary'S Education Centre/ Academy

Middle Schools Gorsebrook Junior High School

High Schools Citadel High School

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