1463 Highway 214, Nine Mile River, (MLS® 202611705) REMAX NOVA
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1463 Highway 214, Nine Mile River

$949,900 For Sale

Description

INVESTORS DREAM! An exceptional and rare investment opportunity has arrived in East Hants. Multi-unit apartment buildings of this size seldom come up for sale in the area, and this turn-key six-unit property features strong rental income that fully supports its price from day one. Located in Nine Mile River, the building offers an ideal rental mix consisting of four 1-bedroom units and two 2-bedroom units. The property has been exceptionally well-maintained, with five of the six units already updated. This includes one apartment that underwent a total top-to-bottom renovation in 2025, and two other units that received fresh paint and modern upgrades. Additionally, the common laundry area has been updated with newer coin-operated washers and dryers. Outside, tenants and guests will enjoy ample parking space available in both the front and back of the building. The location is highly convenient for commuters and excellent for tenant retention, sitting just 5 minutes from the Elmsdale core, 15 minutes to the Halifax Stanfield International Airport, and 40 minutes to Halifax. With major updates already complete and strong numbers in place, this is an East Hants opportunity you do not want to miss.

Listing Details

Address
1463 Highway 214, Nine Mile River, B2S 2R4

Status
ACTIVE
Listing Price
$949,900
MLS®
202611705
Type
n/a
Style
---
PID
45123320

Water
Drilled Well
Sewer
Septic
Utilities
---

Building Specifications

Foundation Type
Concrete
Roof
Asphalt Shingle
Exterior Finish
Vinyl
Flooring
Carpet,Ceramic,Laminate,Linoleum

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Garage & Parking

Garage
N
Details
---

Sales History

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

719

Median Age

44.2

Avg Household Size

2.5

Avg House Income

$112K

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 $390,400 ---
2023 $346,400 ---
2022 $306,400 ---
2021 $244,700 ---
2020 $240,100 ---
2019 $228,500 ---
2018 $228,400 ---
2017 $223,800 ---
2016 $223,600 ---
2015 $213,700 ---
2014 $210,500 ---
2013 $206,600 ---
2012 $202,500 ---

Maps

Mortgage Inquiries

Last Updated On: 5/22/2026 5:23:36 PM (UTC)