Address
817 Tower Road|5791 Harrington Dr, Halifax Peninsula, NS
Price
$ 1,650,000
Property Attributes
- ID#202623152
- Type
- Listing Status Active
- MunicipalityHalifax Peninsula
- CityHalifax Peninsula
- AreaHalifax Peninsula
- NeighbourhoodHalifax Peninsula
- Postal CodeB3H 2Y1
- Style
- Year Built1935
- Price$ 1,650,000
- Bedrooms0
- Bathrooms0
- Half Bathrooms0
- Lot Size0.141 Acres
Data Source:
Canadian Real Estate Association (CREA)
Property Description
Nothing else like it on the market! Immediately adjacent to Saint Marys University, 817 Tower Road/5791 Harrington Drive is a legal triplex offering established income and exceptional upside in one of Halifaxs strongest rental locations. Spanning approximately 4,000 sq. ft., the property is configured as three self-contained apartments, one on each level, with ten bedrooms currently rented under three fixed-term leases. Significant renovations completed over the past eight years include fire separation, extensive electrical upgrades with new meters and panels, a newer natural-gas heating system, three bathrooms, two kitchens, approximately 80% replacement windows and additional improvements. Current rents are believed to be below market, while the building offers the potential to accommodate up to 14 individually rented bedrooms under a shared-housing model, potentially increasing gross rental income by approximately 46%. The upper apartment includes four rented bedrooms, two full bathrooms and two existing loft rooms, with water and sewer roughed in for a potential additional bathroom. The main-floor apartment contains three bedrooms and generous living space that could potentially be reconfigured to create two additional rooms. The walkout ground-level apartment includes three bedrooms and its own living and kitchen areas. Additional highlights include coin-operated laundry, separate electrical meters, parking for four vehicles and a registered right-of-way from Harrington Street. Walk to universities, hospitals, downtown, transit, restaurants, cafés, shopping and everyday amenities, with Point Pleasant Park only minutes away. Shared-housing potential, projected income and alterations are estimates only and subject to purchaser verification and all required approvals, permits and other requirements. Detailed financials, floor plans and other property information are available through the listing agent. Access for viewings is from 817 Tower Road only. (id:7434)
General Features
| Community Features | Recreational Facilities, School Bus |
|---|---|
| Property Type | Multi-family |
| CommunityName | Halifax Peninsula |
| Amenities | Park, Playground, Public Transit, Shopping, Place of Worship |
| Building Appliances | Range, Dryer, Washer, Refrigerator |
| Location Description | From Inglis Street, Right on Tower Road to 817 on the Left |
| Foundation Type | Concrete Perimeter |
| Building Type | Triplex |
| Ownership Type | Freehold |
Interior Features
| Building Fireplace Present | False |
|---|---|
| Building Heating Type | Baseboard heaters, Hot Water, Radiator |
| Building Heating Fuel | Electric, Natural gas |
| Flooring Type | Hardwood, Laminate, Tile, Vinyl |
Exterior Features
| Land Amenities | Park, Playground, Public Transit, Shopping, Place of Worship |
|---|---|
| Sewer | Municipal sewage system |
| Exterior Finish | Wood shingles |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Average in B3H 2Y1
Price
Year Built
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating