Overview
Description
Renovated Turnkey Side by Side Duplex. Investment with Exceptional Upside. Welcome to 625/627 Herring Cove Rd, an extensively renovated, vacant, move in ready duplex where every detail has been upgraded, offering incredible flexibility for investors, developers, or homeowners. From top to bottom, this property has been completely transformed with two separate 200amp panels, one per unit, all new electrical, plugs, lighting, & thermostats, new efficient electric baseboards, hardwired smoke detectors, all new plumbing, vinyl plank flooring throughout, new trim, closet doors, interior & exterior doors, renovated kitchens with new appliances & all new hardware throughout, updated bathrooms, new stairs, new front & back porches, new windows from the main level down, & fresh paint throughout, truly making this feel like a brand new home in duplex form. The opportunities here are unmatched, subdivide & sell individually with services already separated, estimated at approximately $20K to complete, with strong comparable sales, including nearby properties sale supporting resale values of $550K+/side, hold as a strong income property generating approximately $2800+/month per unit plus utilities, with tenants responsible for all power & water, previously rented at this rate, resulting in over $60K NET annual income, approximately $2400/year in taxes & $2000/year in insurance, & an estimated 6.4% cap rate, well above many comparable duplexes currently trading in the 4-5% range, or house hack by living in one unit & renting the other to offset your mortgage. Located just 15 mins to downtown Halifax in a rapidly developing area with significant nearby growth, large scale developments close to the property & with comparable peninsula properties exceeding $1M in cost generating similar rents, this location is primed for appreciation, making this a rare turnkey investment with multiple strategies that delivers on every level.
Contact us about this listing & It's History
Neighborhood Information
Halifax, NS
Halifax, Nova Scotia is a vibrant city with a rich history and a strong sense of community. It's located on the eastern coast of Canada and is known for its scenic waterfront, historic architecture, and lively arts scene. The city is surrounded by natural beauty, with numerous parks, beaches, and hiking trails, making it a great place for outdoor enthusiasts. The downtown area is full of trendy shops, restaurants, and bars, offering a variety of entertainment options. On the downside, the cost of living is higher than in some other Canadian cities, and the weather can be unpredictable, with cold winters and foggy summers.
One of the city's main attractions is the historic Citadel Hill, a star-shaped fort that offers panoramic views of the city. The Halifax Public Gardens, a Victorian-era garden, is another popular spot, as is the Maritime Museum of the Atlantic, which features exhibits on the city's maritime history. Halifax is also home to several universities, including Dalhousie University and Saint Mary's University, adding a youthful energy to the city.
The city's population is approximately 403,131, making it the largest city in Atlantic Canada.
85
Compared to other cities in Canada, Halifax offers a unique blend of history, culture, and natural beauty, making it a desirable place to live. The city's strong sense of community, vibrant arts scene, and numerous outdoor activities contribute to its appeal. However, the higher cost of living and unpredictable weather can be drawbacks. Overall, the city scores a 85 out of 100.
Search Nearby Activities88
The education system in Halifax is highly regarded, with a range of quality public and private schools, as well as several universities. Compared to other Canadian cities, Halifax scores an 88 out of 100 for its schools.
Search Nearby Schools80
Halifax offers a variety of entertainment options, from its lively arts scene to its numerous bars and restaurants. Noteworthy options include Neptune Theatre, the oldest professional theatre company in Canada, and The Oval, a large outdoor skating rink. The city scores an 80 out of 100 for entertainment.
Search Nearby Restaurants90
Halifax offers a range of outdoor activities, from hiking trails to beaches, making it a great city for nature lovers. Compared to other Canadian cities, Halifax scores a 90 out of 100 for outdoor activities.
Walk Score - 15%About Your Relator®
Jessica Mugford
Meet Jessica Mugford, a dynamic and enthusiastic Realtor® based in the heart of Sydney, NS. Born and raised in this picturesque coastal city, Jessica brings a deep-seated passion and a comprehensive understanding of the local market to her role. Her journey in real estate began at RE/MAX Park Place, where she served as an administrative professional specializing in contract review. This experience has provided her with invaluable insights into the industry, enhancing her expertise in managing real estate transactions with finesse.
Jessica's love for travel has broadened her perspective, allowing her to appreciate diverse lifestyles and housing needs, making her an ideal advisor for clients seeking to navigate the complexities of the real estate market. Coupled with her exceptional customer service skills, Jessica is committed to offering personalized and effective real estate solutions.
With deep rooted entrepreneurial ties to the community, Jessica has the foresight to recognize independent real estate opportunities, propose growth strategies and guide her clients through effective and efficient closing processes.
With Jessica Mugford, you can expect nothing less than a professional, tailored approach.
Phone: (902) 322-1684
Email: jessicamugford@remax.net
Office: Sydney
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Monthly mortgage and property tax payments are estimates for which we bear no responsibility.
Homeowners could also be subject to mortgage insurance premiums, homeowners insurance premiums, and other costs.
Property Details
| On Market Date | 2026-05-02T03:23:12.7 |
| Status | ACTIVE |
| Price | $974,900.00 |
| Neighborhood | Halifax - Dartmouth |
| Location | Lat: 44.594362, Lng: -63.599136 |
| Bedrooms | 8 |
| Bathrooms (Full) | 4 |
| Bathrooms (Total) | 4 |
| Square Feet | 4,185.00 |
| Lot Size | 5,200.00 5200 |
| Appliances | Range - Electric,Dishwasher,Washer/Dryer Combo,Refrigerator |
| Heating | Baseboard,Hot Water |
| Water Source | Municipal |
| Sewer | Municipal |
| Interior Features | Sump Pump |
| Roof | Asphalt Shingle |
| Flooring | Ceramic,Tile,Vinyl Plank |
| Lot Features | Landscaped,Level,Partially Fenced |
| Community Features | Golf Course,Park,Public Transit,Recreation Center,Shopping,Place of Worship |
| Association Fee | 0.00 |
| Listing Office Name | The Agency Real Estate Brokerage |
| Listing Agent | Brehannah Hopgood |
| MLS® | 202609440 |
No representation is made as to the accuracy of any description. All measurements and square footages are approximate and all information should be confirmed by customer.