5698 Normandy Drive, Halifax Peninsula, Nova Scotia

$3,700,000

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0.18

Acres

About 5698 Normandy Drive

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:6289)

Features of 5698 Normandy Drive

Listing # 202625116
Price $3,700,000
Acres 0.18
Type Multi-family
Sub-Type Apartment

Community Information

Address 5698 Normandy Drive
Subdivision Halifax Peninsula
City Halifax Peninsula
Province Nova Scotia
Postal Code B3K4J7

Amenities

Features Balcony
Parking Paved Yard, Parking Space(s)
Garages Paved Yard, Parking Space(s)
Is Waterfront No
Has Pool No

Interior

Heating Heat Pump, Baseboard heaters, Electric, Ductless
Cooling Air Conditioned
Fireplace No
Has Basement No
Basement Unknown

Exterior

Lot Description 0.1848
Foundation Concrete Perimeter, Concrete Slab

Listing Details

OfficeRE/MAX Nova (Halifax)

Listing Map

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