NS
Halifax
Halifax Peninsula
B3H 2Y1
817 Tower Road
817 Tower Road, Halifax Peninsula, NS B3H 2Y1
Share Listing
Listing Type
Multi Family
Listing Status
Active
0
$1,650,000

Home Details for 817 Tower Road

Price
$1,650,000
Type
Residential Income
Bedrooms
10
Year built
1935
Lot size acres
0.141
County
Halifax
Basement
Partially Finished, Walk-Out Access
MLS Listing#
202623152
Property Description

Nothing else like it on the market! Immediately adjacent to Saint Mary’s University, 817 Tower Road/5791 Harrington Drive is a legal triplex offering established income and exceptional upside in one of Halifax’s 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.

Property Features
  • Heating Information
    • Hot Water
    • Radiant
    • Baseboard
  • Utilities
    • Natural Gas Available
    • Electricity Connected
    • Natural Gas Connected
  • Parking
    • Driveway
    • Paved
  • Basement
    • Partially Finished
    • Walk-Out Access
  • Water Features
    • Public
School Information
School Information for 817 Tower Road, Halifax Peninsula, NS B3H 2Y1
Elementary School
Inglis Street Elementary School
Middle School
Gorsebrook Junior High School
High School
Citadel High School
Listing Courtesy: Century 21 Optimum Realty
NSAR IDX Reciprocity listings are displayed in accordance with NSAR's IDX Agreements and property information is provided under copyright © by the Nova Scotia Association of REALTORS® The above information is from sources deemed reliable but it should not be relied upon without independent verification.
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EXIT REALTY INTER LAKE
271 North Street, Bridgewater, NS B4V 2V7
Office
902 543 7642
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