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5571 Fenwick Street
homes for sale · Halifax Peninsula
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$929,900

5571 Fenwick Street

Halifax Peninsula · MLS® 202602006

0 sq ft lot · House · Multi-family · 263 days on market

listed by Natalie Urquhart, One Percent Realty East Inc.

realtor's description

Excellent opportunity to acquire a fully rented triplex in the heart of downtown Halifax, one of the citys strongest and most consistent rental markets with CEN-2 Zoning. The property offers three self-contained units, including two 2-bedroom units and one 1-bedroom unit, all currently rented on fixed-term leases, providing immediate and reliable income. Each unit offers a functional layout, good natural light, and a comfortable blend of character and modern updates. The building generates approximately $66,600 in annual rental income, with tenants paying their own heat and electricity, contributing to efficient operating costs. The current owner has invested approximately $100,000 in recent upgrades, significantly reducing future capital requirements. Improvements include all new electrical, conversion to electric heating, plumbing upgrades, in-unit washers and dryers in all units, new water heaters, bathroom upgrades, flooring upgrades, and a dishwasher added to the main-floor unit. Well-located within walking distance of universities, hospitals, transit, shopping, and downtown amenities, this property offers strong tenant demand and long-term investment stability. A turnkey asset ideal for investors seeking solid income in a proven location.

property details

type
House, Multi-family
lot
0 sq ft
parking
0
days on market
263
MLS®

similar homes nearby

202602006

features

  • School Bus
  • Recreational Facilities
  • Refrigerator
  • Dishwasher
  • Stove
  • Washer/Dryer Combo

monthly cost

$4,051/mo
Mortgage $4,051

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

estimated payment
$4,051/ monthly
loan $743,920
25-year amortization
total interest
$471,526
cash to close
$185,980
down payment; transfer tax and fees not included
total paid
$1,215,446

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

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Natalie Urquhart
One Percent Realty East Inc.
call Natalie · 902-489-0700
Powered by: REALTOR.ca

location

Halifax PeninsulaGoogle Maps ↗

location

Halifax PeninsulaGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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