Overview

Property Type Triplex

Description

Excellent investment opportunity in a highly convenient Fairview location! This well-maintained property is configured for three units but is currently being rented as two, offering an investor an exciting opportunity to maximize the income potential with minimal changes needed to convert to three legal units. Two excellent tenants are currently in place, and both would love the opportunity to stay. The upper level features a spacious 3-bedroom unit, while the middle level offers another 3-bedroom unit and the lower level features a 1-bedroom unit. The middle and lower units are currently rented together while the upstairs unit is being rented separately, bringing the total rental income to $4,730/month. With the property currently operating as two rental units and rents offering room for growth, there is significant upside for an investor looking to increase future rental income. All units are in great condition, with separate entrances and multiple paved parking spaces. Heating is provided by electric baseboards and ductless heat pumps, with tenants paying their own heat and electricity. The property has seen approximately $70,000 in upgrades since 2022, including a brand-new multi-level deck, updated flooring in the lower unit, new appliances, and numerous other improvements. Outside, enjoy a beautiful level backyard with plenty of usable space and a convenient shed for additional storage. Located close to shopping, schools, restaurants, public transit, parks and everyday amenities, with easy access to both Halifax and Dartmouth, this is an ideal opportunity for investors seeking strong existing income, quality tenants, excellent condition and substantial future rental upside. Transitioning the property into three legal units is dependent on applicable municipal approvals and/or permits - Buyer to inquire.

Contact us about this listing & It's History

About Your Relator®

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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Property Details

On Market Date2026-09-08T15:29:57.3
StatusACTIVE
Price$725,000.00
Year Built1967
NeighborhoodHalifax - Dartmouth
LocationLat: 44.651815, Lng: -63.632685
Square Feet0.00
Lot Size6,110.00
Parking FeaturesMultiple cars
AppliancesStove,Dishwasher,Dryer,Washer,Refrigerator
HeatingBaseboard,Heat Pump -Ductless
CoolingBaseboard,Heat Pump -Ductless
SewerMunicipal
Interior FeaturesAir Conditioning,Apt Non-Conforming,Laundry,Secondary Suite
RoofAsphalt Shingle
FlooringLaminate,Tile
Lot Features6110
Community FeaturesPark,Playground,Public Transit,Recreation Center,School Bus Service,Shopping,Place of Worship
Association Fee0.00
Assessments709900
Listing Office Name816
Listing AgentChantele Joordens
Listing Agent Contactchantele@exitmetro.ca
MLS®202622616
All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice.
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.