A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 5571 North St, Halifax Nova Scotia B3K 1N1
58 days on Market

5571 North St, Halifax, Nova Scotia B3K 1N1

Detached
8
-
- sqft
$1,199,000
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Detached
8
-
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$5,149/mo

Tax Amount ()-

Days On Market58 days


Description

Exceptional investment opportunity awaits at 5571 North Street. This well-maintained multi-unit is priced below recently appraised value, featuring four spacious two-bedroom units, each with in-suite laundry, fully occupied, all on fixed-term leases, ensuring reliable and consistent rental income. Recent upgrades (since 2019) include modernized kitchens with updated appliances, new flooring, wiring, drywall, and paint, along with four brand-new bathrooms, new washers, dryers, and water tanks for each unit, plus updated windows to improve energy efficiency, and the roof (2024). Situated in a high-demand location, this property is a prime addition to any investment portfolio, offering both immediate returns and long-term growth potential. Zoned ER-2, it also provides the opportunity to expand by adding one or two additional units in the basement. Don’t miss out on this turn-key investment!


Property Details

StyleOther
View-
Age of property1967
SqFt-
Lot Size-
Parking Spaces-
MLS ®Number202503730
Community NameNorth End
Data SourceNSAR
Listing byRoyal LePage Atlantic

Features

Heating: Baseboard
Basement: Full, Walk-Out Access

Features

Patio: Deck

Property History

Feb 27, 2025
ListedActive
$1,199,000
58 days on market
history photo preview19
Listing by nsar®
Property listed by Royal LePage Atlantic, Brokerage
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Market Data - North End

Geo Zone Map ThumbnailNorth End

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

101 days

Compared to

2024

28 days

2023

25 days

2022

6 days

New Listings

Past 30 days

6 listings

Compared to

2024

4 listings

2023

6 listings

2022

14 listings

Units sold

Past 30 days

3 units

Compared to

2024

3 units

2023

4 units

2022

9 units

Median Sold Price

Past 30 days

$619,000

Compared to

2024

$638,000

2023

$422,500

2022

$702,110


Population and Demographics

Overview

Total population 14647
Average household income $107,005

Age (%)

20 to 34
37%
35 to 49
18%
65 and plus
16%
50 to 64
16%
0 to 19
13%

Household composition (%)

Single person
44%
Single family
42%
Multi person
13%
Multi family
0%

Mother tongue (%)

English
87%
Others
3%
French
2%
Arabic
2%
Mandarin
1%
English and French
1%
Punjabi (Panjabi)
1%

House tenancy (%)

Renters
72%
Owners
28%

Schools and amenities

Estimated Budget