1278 Queen Street (MLS® 202227429)

Halifax, NS, B3J 2H4

Summary

MLS ®:
 202227429
Price:
 $2,595,000
Status:
 Active
District:
 2
Zoning:
 HCD-SV
Property Type:
 Fourplex
Title To Land:
 Freehold

Income

Approx. Net Income:
 $50,154
Other Income:
 Parking $175/month
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 $21,546
Insurance Expense:
 $4000
Tax Costs:
 $10,154
Electricity Bill:
 Tenants pay power
Heating Bill:
 Gas $7000
Expense Details:
Call 902-499-7886

Property Overview

1278 Queen Street, Halifax (MLS® 202227429): Here is a rare opportunity to buy one of the nicest multi unit properties in DOWNTOWN HALIFAX. This particular area in Downtown is famously known as Schmidtville. Today the rich past is a source of pride for the residents here. In 2017, Schmidtville won the Great Places in Canada Contest as best neighbourhood in Canada; beating out 48 other city neighborhoods. Seeing how it is only a 5 minute walk in all directions to the finest shopping and eating in Downtown. This grand home was completely redone in 2019, adding a full 3rd story and a decked out rooftop patio. This 100 year old house has all the old grandiose charm from yesteryear. With 3400+ sq/ft of modern living space, there are many different uses permitted for this unit. This stunning, super central Queen Street home also has 3 (highly sought after) separate rented apartments. Two 1 bedrooms & one 4 bedroom. This would be an amazing family home with income, or if the investment is all you are thinking about, this spectacular house would make a great high end rental, Airbnb/short term rental.

Listing Courtesy of: RE/MAX NOVA - 15867

Directions

Spring Garden Road to Queen Street South

Building Specs.

Building Age:
142
Building Dimensions:
38x42
Foundation Type:
Block, Concrete, Slab
Roof Material:
Asphalt Shingle, Tar/Gravel
Exterior Finish:
Wood Shingles
Flooring Type:
Ceramic, Hardwood, Tile
Heating & Cooling:
Baseboard, Hot Water, In Floor
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Parking:
4 cars
Driveway/Parking:
Gravel, Parking Spaces(s), Shared

Features

Balcony, Dining Room, Ensuite Bath, Family Room, Fireplace(s), Laundry, Main Flr Fam Rm, Multi-Use Rooms, Secondary Suite

Community Features

Park, Public Transit, Recreation Center, School Bus Service, Shopping, Place of Worship

Schools

Elem. School: Saint Mary's Elementary School
Elem. School (French Imm.): Lemarchant - St Thomas Elementary School
Mid. School: Gorsebrook Junior High School
Mid. School (French Imm.): Gorsebrook Junior High School
High School: Citadel High School
High School (French Imm.): Citadel High School

Inclusions

All appliances

Exclusions

personal & tenants belongings

Rental Equipment

None

Map

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