1178 Queen Street - Prime 5-Unit Investment Property in Downtown Halifax. Located in the heart of the highly sought-after South End of Halifax, this exceptional 5-unit building on Queen Street presents a rare investment opportunity. Just minutes from major hospitals, both Dalhousie and Saint Mary’s Universities, and the vibrant Halifax waterfront, the location is second to none. This 8 bedroom, 5 bathroom, three-level building offers a mix of thoughtfully laid-out units—ranging from bachelor suites to three-bedroom apartments—most with private balconies and excellent natural light. Currently generating $7,208 in monthly rental income, all units are fully leased on fixed-term agreements, with a strong history of low vacancy and reliable quality tenants. Investors will appreciate the strong rental demand and premium market rents this property commands. A key upgrade includes the installation of a natural gas boiler system, contribute to lower operating costs and improved energy efficiency. Whether you're expanding your portfolio or seeking a solid income-generating asset in one of Halifax’s most desirable neighborhoods, this property checks all the boxes.
Building Age: |
Property Size: Under 0.5 Acres |
Total Living Area: |
Main Living Area: |
Style: 5-8 Units |
Roof: Tar/Gravel |
Exterior: Vinyl |
Flooring: Hardwood, Laminate, Tile |
Heating: Baseboard |
Basement: Crawl Space, Full |
Foundation: Stone |
Driveway: None |
Community Features:
Park, Playground, Public Transit, Recreation Center, School Bus Service, Shopping, Marina, Place of Worship
Appliances Included: Stove, Dryer, Washer/Dryer Combo, Refrigerator |
Other Features: Balcony, Laundry |
Water: Municipal |
Sewer: Municipal |
Rental Equipment: None |
Bryant Realty Atlantic