2055,2059,2061 North Park Street

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$1,949,900

2055,2059,2061 North Park Street

Halifax · MLS® 202600698

Condo · Multi-family · built 1901 · 284 days on market

listed by Steven Giffin, Keller Williams Select Realty

realtor's description

Here is a fantastic investment property on North Park Street, overlooking the Halifax Commons. A turn key investment opportunity on the iconic North Park Street, Halifaxs historic corridor. This 10-unit property sits with striking views over the Halifax Commons and blends old-world charm with modern upgrades. Over the past eight years, significant structural work has been completed to this 125 year old building: leaning sections of the foundation were removed and rebuilt using original-style stone where possible and poured concrete where needed, with the building jacked to level floors throughout. Nine of the units that needed renovations were refreshed with new flooring, bathrooms, and kitchens, delivering an attractive, updated living experience. The property benefits from multiple units with private decks, and the third-floor unit at 2061 features a large rooftop patio overlooking the Commons. This combination of historic character, recent improvements, and a highly desirable location supports a strong income stream and ease of renting.

property details

type: Condo, Multi-family
parking: 0
year built: 1901
days on market: 284
MLS®: 202600698

features

Balcony
Recreational Facilities
Washer
Refrigerator
Range - Electric
Dishwasher

monthly cost

$8,496/mo

Mortgage $8,496

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment

$8,496/ monthly

loan $1,559,920

25-year amortization

down payment20% · $389,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $988,738
cash to close: $389,980; down payment; transfer tax and fees not included
total paid: $2,548,658

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.