1056 Bland Street (MLS® 202507342)
Summary
- MLS ®:
- 202507342
- Price:
- $1,300,000
- Status:
- Active
- District:
- 2
- Zoning:
- ER-2
- Property Type:
- Triplex
- Title To Land:
- Freehold
Income
- Approx. Total Income:
- $82,200
- Approx. Net Income:
- $55,552.08
- Income Details:
- Call 902-499-7886
Expenses
- Approx. Total Expenses:
- $26,647.92
- Maintenance Expense:
- $1,200
- Snow & Garbage Expense:
- $600
- Water & Sewage Expense:
- $24a9.87
- Insurance Expense:
- $4,116.50
- Tax Costs:
- $11,132.96
- Electricity Bill:
- $2400
- Heating Bill:
- $4,778.59
- Expense Details:
- Call 902-499-7886
Property Overview
1056 Bland Street, Halifax (MLS® 202507342): Welcome to 1056 Bland Street, an exceptional and rare investment opportunity in the heart of Halifax’s prestigious South End. This charming Victorian triplex is perfectly positioned to be a standout addition to any savvy investor’s portfolio. With three self-contained rental units consisting of two one-bedroom units and one spacious three-bedroom unit, this property offers excellent income-generating potential in a location that consistently attracts high-quality tenants, with each tenant on a fixed term lease. The upstairs unit offers a one unit plus den allowing for additional rental income. Properties like this are seldom available in such a prime location, just steps from universities, hospitals, shopping, restaurants, and downtown Halifax. The South End continues to be one of the city’s most desirable rental markets, making this a smart long-term investment with stable returns. Over the years, the property has been carefully maintained and thoughtfully upgraded, including roof updates in 2011 and 2017, exterior painting in 2016, a hot water tank replacement in 2018, and new sewer lines also installed in 2018, new deck in 2022 and washer/dryer in upper unit. Additionally, all units are equipped with a sprinkler system, offering enhanced safety and peace of mind for both tenants and owners. There is a dedicated parking spot with the property along with ample street parking in the area. This property offers timeless Victorian character—high ceilings, elegant details, and classic curb appeal with minimal maintenance. Whether you're expanding an existing portfolio or entering the real estate market with a high-performing asset, 1056 Bland Street represents a unique and rewarding opportunity in a location where properties like this rarely come available. Don’t miss your chance to secure a solid investment in one of Halifax’s most coveted neighbourhoods.
Listing Courtesy of: Royal LePage Atlantic Down Inglis to Bland. Family Room, Laundry, Storage Marina, Park, Place of Worship, Playground, Public Transit, Recreation Center, School Bus Service, Shopping Appliances Tenant Belongings None Directions
Building Specs.
Garage & Parking
Features
Community Features
Schools
Inclusions
Exclusions
Rental Equipment
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