5698 Normandy Drive

Description

Turnkey Multi-Unit Investment Opportunity For Sale: 8-Unit Modern Apartment Building Halifax North End . A rare opportunity to own a low-maintenance, high-performance rental building designed for modern living. Secure a cornerstone asset in Halifaxs most aggressive growth submarket. This is not just a residential building; it is a turnkey, low-yield-risk investment specifically engineered for the modern portfolio. Yield Stability: With eight 2 Bedroom / 2 Bathroom suites, this property captures the highest-demand demographic in the North End. Operational Efficiency: Built with durable metal siding and individual energy-efficient heat pumps, the building is designed for minimal CAPEX and low maintenance overhead for years to come. Strategic Location: Situated in the "Path of Progress," the North End continues to see rapid appreciation. This location offers long-term equity growth alongside immediate cash flow. Modern Compliance: Fully turnkey construction means no immediate renovation requirementsstart collecting high-market rents from day one of ownership. Seller is licensed to sell real estate in Nova Scotia through NSREC. Any applicable HST is a throughput to be discussed with your accountant (id:56844)

Listing

MLS® number

202625116

Status

Active

Days On Market

26

Building

Type

Apartment

Foundation

Concrete Perimeter, Concrete Slab

Basement

Unknown

Interior

Flooring

Carpeted, Ceramic Tile, Vinyl

Heating

Heat Pump, Baseboard heaters, Electric, Ductless

Cooling

Air Conditioned

Land

Lot size

0.18 acres

Lot features

Balcony

Parking

Type

Paved Yard, Parking Space(s)

Utilities

Water

Municipal water

Sewer

Municipal sewage system

Fees and taxes

Common interest

Freehold

Parcel number

00028654

Directions

5698 Normandy