5571 North Street, Halifax, (MLS® 202503730) REMAX NOVA
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5571 North Street, Halifax

0 sqft
$1,199,000 For Sale

Description

Exceptional investment opportunity awaits at 5571 North Street. This well-maintained multi-unit is priced below recently appraised value, featuring four spacious two-bedroom units, each with in-suite laundry, fully occupied, all on fixed-term leases, ensuring reliable and consistent rental income. Recent upgrades (since 2019) include modernized kitchens with updated appliances, new flooring, wiring, drywall, and paint, along with four brand-new bathrooms, new washers, dryers, and water tanks for each unit, plus updated windows to improve energy efficiency, and the roof (2024). Situated in a high-demand location, this property is a prime addition to any investment portfolio, offering both immediate returns and long-term growth potential. Zoned ER-2, it also provides the opportunity to expand by adding one or two additional units in the basement. Don’t miss out on this turn-key investment!

Listing Details

Address
5571 North Street, Halifax, B3K 1N1

Status
ACTIVE
Listing Price
$1,199,000
MLS®
202503730
Type
n/a
Style
---
Age
58
PID
00168450

Water
Municipal
Sewer
Municipal
Utilities
---

Building Specifications

Foundation Type
Stone
Roof
Tar/Gravel
Exterior Finish
Vinyl
Flooring
Ceramic,Laminate,Vinyl

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Garage & Parking

Garage
N
Details
---

Inclusions & Exclusions

Exclusions
Tenants belongings

Sales History

Halifax Regional Municipality Data

Zoning
ER-2
By-Law Code:
Polling District
Halifax Peninsula North
Concillor: Virginia Hinch
Waste Collection
TUESDAY
Contractor: REgroup

Demographic Data

Demographic data is based on the dissemination area that contains the listing parcel . Dissemination Areas are small areas composed of one or more neighbouring dissemination blocks. All of Canada is divided into dissemination areas. Data source: Environics Analytics via ArcGIS Online, 2021

Population Size

425

Median Age

35.6

Avg Household Size

2.0

Avg House Income

$79K

The number of people for each age range.

How the population of this area is expected to change.

The highest level of education obtained by people within this area.

The maritial status of the people in this area.

The average household income within this area.

The number of people that rent versus own.

When the buildings in the area were constructed.

The number of children at home for the given age ranges.

The occupations of the people living here.

Tax Assessment

Year Amount % Change
2024 $621,800 ---
2023 $592,000 ---
2022 $563,200 ---
2021 $539,100 ---
2020 $568,900 ---
2019 $558,300 ---
2018 $543,800 ---
2017 $549,700 ---
2016 $480,000 ---
2015 $474,100 ---
2014 $443,400 ---
2013 $420,100 ---
2012 $407,600 ---

Maps

Mortgage Inquiries

Last Updated On: 6/5/2025 4:12:57 PM (UTC)
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