About 5698 Normandy Drive
Turnkey Multi-Unit Investment Opportunity For Sale: 8-Unit Modern Apartment Building – Halifax North End . A rare opportunity to own a low-maintenance, high-performance rental building designed for modern living. Secure a cornerstone asset in Halifax’s most aggressive growth submarket. This is not just a residential building; it is a turnkey, low-yield-risk investment specifically engineered for the modern portfolio. Yield Stability: With eight 2 Bedroom / 2 Bathroom suites, this property captures the highest-demand demographic in the North End. Operational Efficiency: Built with durable metal siding and individual energy-efficient heat pumps, the building is designed for minimal CAPEX and low maintenance overhead for years to come. Strategic Location: Situated in the "Path of Progress," the North End continues to see rapid appreciation. This location offers long-term equity growth alongside immediate cash flow. Modern Compliance: Fully turnkey construction means no immediate renovation requirements—start collecting high-market rents from day one of ownership. Seller is licensed to sell real estate in Nova Scotia through NSREC. Any applicable HST is a throughput to be discussed with your accountant
Features of 5698 Normandy Drive
| MLS® # | 202625116 |
|---|---|
| Price | $3,700,000 |
| Bedrooms | 16 |
| Acres | 0.18 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 5698 Normandy Drive |
|---|---|
| Area | Halifax - Dartmouth |
| Subdivision | 3-A |
| City | Halifax Peninsula |
| County | Halifax |
| Province | NS |
| Postal Code | B3K 4J7 |
Amenities
| Utilities | Electricity Connected |
|---|---|
| Parking | Parking Spaces(s), Paved |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Stove, Refrigerator, Dishwasher, Washer, Dryer |
|---|---|
| Heating | Baseboard, Ductless |
| Cooling | Air Conditioning |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Other |
Exterior
| Exterior Features | Balcony |
|---|---|
| Lot Description | Under 0.5 Acres |
| Roof | Asphalt |
| Foundation | Concrete Perimeter, Slab |
Additional Information
| Zoning | er3 |
|---|
Listing Details
| Office | RE/MAX Nova (Halifax) |
|---|