Presenting an exceptional investment opportunity in a high-demand rental area, featuring a solid, well-maintained triplex with three spacious two-bedroom units and a non-legal one-bedroom basement suite. Each upper unit is fully self-contained with its own entrance, hardwood floors, updated windows, and private balconies that bring in natural light, while the basement unit offers a walk-out patio and access to the shared coin-operated laundry area for additional income. The property is separately metered with four electrical panels, and each unit has its own hot water heater, with tenants paying their own heat and power. The owners responsibilities are limited to maintenance, water, and taxes, making this a low-effort, high-yield investment. Recent upgrades include new siding and fresh paint in two units, enhancing appeal and reducing future upkeep. The lot measures 50 x 145 feet and provides parking for at least five vehicles. Three units will be vacant for closing, offering flexibility to set market rents or renovate, while the fourth unit is under a fixed-term lease at $1,675/month plus utilities until June 2026. The basement unit, which shares power with the laundry and exterior lighting, requires some work, but with sweat equity and a potential application to the city, it could become a significant income booster. Estimated rent for each unit is $1,850+ per month, giving the property excellent upside potential. Located minutes from the Armdale Rotary, 2 blocks from the public dock at Chocolate Lake and along major transit routes, this income property combines strong cash flow potential with long-term appreciation in one of Halifaxs most desirable rental corridors.
Keith Kenny
Century 21 Optimum Realty
Mobile
(902) 817-8178
Listing Courtesy of NOVA SCOTIA - IDX / Century 21 Optimum Realty / Keith Kenny
$825,000 (CAD)
Armdale Area Multi-Family
Active
358 St Margarets Bay Road Armdale, NS B3N 1J9
Bed
0 Baths
sqft
MLS® 202527574
Presenting an exceptional investment opportunity in a high-demand rental area, featuring a solid, well-maintained triplex with three spacious two-bedroom units and a non-legal one-bedroom basement suite. Each upper unit is fully self-contained with its own entrance, hardwood floors, updated windows, and private balconies that bring in natural light, while the basement unit offers a walk-out patio and access to the shared coin-operated laundry area for additional income. The property is separately metered with four electrical panels, and each unit has its own hot water heater, with tenants paying their own heat and power. The owners responsibilities are limited to maintenance, water, and taxes, making this a low-effort, high-yield investment. Recent upgrades include new siding and fresh paint in two units, enhancing appeal and reducing future upkeep. The lot measures 50 x 145 feet and provides parking for at least five vehicles. Three units will be vacant for closing, offering flexibility to set market rents or renovate, while the fourth unit is under a fixed-term lease at $1,675/month plus utilities until June 2026. The basement unit, which shares power with the laundry and exterior lighting, requires some work, but with sweat equity and a potential application to the city, it could become a significant income booster. Estimated rent for each unit is $1,850+ per month, giving the property excellent upside potential. Located minutes from the Armdale Rotary, 2 blocks from the public dock at Chocolate Lake and along major transit routes, this income property combines strong cash flow potential with long-term appreciation in one of Halifaxs most desirable rental corridors. (id:42016)
Keith Kenny
Century 21 Optimum Realty
Mobile
(902) 817-8178
Listing Courtesy of CREA - C21 Brokers / Century 21 Optimum Realty / Keith Kenny
$1,375,000 (CAD)
Halifax Area Single Family Home
Active
3352 Westerwald Street Halifax, NS B3N 2R7
4 Bed
2 Baths
1466 sqft
MLS® 202523631
Well-kept single-family home on a 7,900 sq. ft. lot in Halifaxs Fairview area, just off Dutch Village Road and minutes to downtown. This 3-bedroom residence features bright living areas, hardwood floors, an efficient kitchen, and a private yardperfect as a rental or comfortable home while planning redevelopment. 3352 is one of three parcels (with 3342 & 3346 Westerwald) forming a 23,862 sq. ft. site under C-2C zoning, positioned on a quiet street with fast access to Hwy 102, Joseph Howe Drive and the MacKay Bridge. A professional capacity study confirms the potential for an 80-unit, 80,252 sq. ft. building across the assembled lands, with 52 one-bed and 28 two-bed layouts, underground parking and optional commercial spaceall designed within current zoning and code. Listed individually to demonstrate rentability and holding strength, 3352 will be conveyed as part of the full package priced at $4,375,000 (approx. $183.50 per sq. ft. of land and $54.50 per buildable sq. ft.). The Westerwald corridor benefits from Dutch Village Roads revitalizationupgraded streetscapes, active-transportation links and new retail investmentsupporting strong rental and condo demand. Whether held as an income property or integrated into future construction, 3352 Westerwald offers immediate cash flow and clear upside as part of one of Halifaxs most attractive medium-density opportunities.
Keith Kenny
Century 21 Optimum Realty
Mobile
(902) 817-8178
Listing Courtesy of NOVA SCOTIA - IDX / Century 21 Optimum Realty / Keith Kenny
$4,375,000 (CAD)
Halifax Area Multi-Family
Active
3342 Westerwald Street Halifax, NS B3N 2R7
Bed
0 Baths
sqft
MLS® 202523628
Exceptional development opportunity in Halifaxs Fairview district! 3342, 3346 & 3352 Westerwald Street comprise three contiguous parcels totaling 23,862 sq. ft., perfectly positioned just off Dutch Village Road with swift access to Highway 102, Joseph Howe Drive and the MacKay Bridge. Zoned C-2C, the site supports mixed-use or residential development up to 20 m in height and 75% lot coverage, allowing a range of building forms and future flexibility. A professional architectural capacity study confirms the potential for an 80-unit, 80,252 sq. ft. building with 52 well-proportioned one-bedroom and 28 two-bedroom layouts, plus underground parking and optional ground-floor commercial space, all thoughtfully designed within current code and zoning parameters. Each parcel is improved with a single-family home, offering immediate rental income while developers prepare permit applications, finalize designs, or pursue financing and partnerships. Priced at $4,375,000approximately $183.50 per sq. ft. of land and $54.50 per buildable sq. ft.this opportunity is attractively positioned below recent C-2C and COR land sales along Bayers Road and Dutch Village Road, several of which lacked architectural studies or evidence of true feasibility. Westerwald Street offers a quieter residential setting just steps from an area undergoing significant revitalization, including upgraded streetscapes, active-transportation corridors, new retail and mixed-use investmentall enhancing long-term rental and condominium demand. For developers or investors seeking scale, verified buildability, interim cash flow and exceptional upside in one of Halifaxs most dynamic urban growth corridors, 33423352 Westerwald Street is a rare chance to secure a high-confidence project with both near-term holding income and outstanding future potential. (id:42016)
Keith Kenny
Century 21 Optimum Realty
Mobile
(902) 817-8178
Listing Courtesy of CREA - C21 Brokers / Century 21 Optimum Realty / Keith Kenny
$4,375,000 (CAD)
Halifax Area Multi-Family Home
Active
3342/46/52 Westerwald Street Halifax, NS B3N 2R7
108 Bed
0 Baths
sqft
MLS® 202523628
Exceptional development opportunity in Halifaxs Fairview district! 3342, 3346 & 3352 Westerwald Street comprise three contiguous parcels totaling 23,862 sq. ft., perfectly positioned just off Dutch Village Road with swift access to Highway 102, Joseph Howe Drive and the MacKay Bridge. Zoned C-2C, the site supports mixed-use or residential development up to 20 m in height and 75% lot coverage, allowing a range of building forms and future flexibility. A professional architectural capacity study confirms the potential for an 80-unit, 80,252 sq. ft. building with 52 well-proportioned one-bedroom and 28 two-bedroom layouts, plus underground parking and optional ground-floor commercial space, all thoughtfully designed within current code and zoning parameters. Each parcel is improved with a single-family home, offering immediate rental income while developers prepare permit applications, finalize designs, or pursue financing and partnerships. Priced at $4,375,000approximately $183.50 per sq. ft. of land and $54.50 per buildable sq. ft.this opportunity is attractively positioned below recent C-2C and COR land sales along Bayers Road and Dutch Village Road, several of which lacked architectural studies or evidence of true feasibility. Westerwald Street offers a quieter residential setting just steps from an area undergoing significant revitalization, including upgraded streetscapes, active-transportation corridors, new retail and mixed-use investmentall enhancing long-term rental and condominium demand. For developers or investors seeking scale, verified buildability, interim cash flow and exceptional upside in one of Halifaxs most dynamic urban growth corridors, 33423352 Westerwald Street is a rare chance to secure a high-confidence project with both near-term holding income and outstanding future potential.
Keith Kenny
Century 21 Optimum Realty
Mobile
(902) 817-8178
Listing Courtesy of NOVA SCOTIA - IDX / Century 21 Optimum Realty / Keith Kenny
$4,375,000 (CAD)
Fairview Area Land
Active
3342/46/52 Westerwald Street Fairview, NS B3N 2R7
Bed
0 Baths
sqft
MLS® 202523630
Exceptional development opportunity in Halifaxs Fairview district! 3342, 3346 & 3352 Westerwald Street comprise three contiguous parcels totaling 23,862 sq. ft., perfectly positioned just off Dutch Village Road with swift access to Highway 102, Joseph Howe Drive and the MacKay Bridge. Zoned C-2C, the site supports mixed-use or residential development up to 20 m in height and 75% lot coverage, allowing a range of building forms and future flexibility. A professional architectural capacity study confirms the potential for an 80-unit, 80,252 sq. ft. building with 52 well-proportioned one-bedroom and 28 two-bedroom layouts, plus underground parking and optional ground-floor commercial space, all thoughtfully designed within current code and zoning parameters. Each parcel is improved with a single-family home, offering immediate rental income while developers prepare permit applications, finalize designs, or pursue financing and partnerships. Priced at $4,375,000approximately $183.50 per sq. ft. of land and $54.50 per buildable sq. ft.this opportunity is attractively positioned below recent C-2C and COR land sales along Bayers Road and Dutch Village Road, several of which lacked architectural studies or evidence of true feasibility. Westerwald Street offers a quieter residential setting just steps from an area undergoing significant revitalization, including upgraded streetscapes, active-transportation corridors, new retail and mixed-use investmentall enhancing long-term rental and condominium demand. For developers or investors seeking scale, verified buildability, interim cash flow and exceptional upside in one of Halifaxs most dynamic urban growth corridors, 33423352 Westerwald Street is a rare chance to secure a high-confidence project with both near-term holding income and outstanding future potential.
Keith Kenny
Century 21 Optimum Realty
Mobile
(902) 817-8178
Listing Courtesy of NOVA SCOTIA - IDX / Century 21 Optimum Realty / Keith Kenny