Well-located triplex in the heart of Halifax’s vibrant North End, offering immediate rental income and long-term growth potential. The property features three self-contained units: one spacious two-bedroom, one one-bedroom plus den, and one one-bedroom unit—providing a desirable mix that appeals to a broad tenant base. Situated on Gottingen Street, one of Halifax’s most dynamic and evolving corridors, this property is surrounded by local cafés, restaurants, and cultural hubs, with the Halifax Commons just steps away. Walkable access to hospitals, universities, downtown, and major transit routes continues to drive strong and consistent rental demand, supported by nearby employment centres and ongoing neighbourhood revitalization. From an investment perspective, this location performs. The building supports solid fundamentals with reliable income and projected returns that reflect the strength of the area, with estimates indicating up to a 109% return on investment over five years based on current assumptions. An excellent opportunity for investors seeking a centrally located multi-unit property in a proven rental market with upside for the future.
Gottingen Street
Listing Sub-Area:
1-Halifax Central
Property Type:
Multi-Family
Multi-Family Type:
Triplex
Title To Land:
Freehold
Building Dimenions:
Irregular
Lot Size:
2,322 sq. ft.216 m2
Prop Size:
Under 0.5 Acres
# of Rental Units / Occupied:
3
Exterior Finish:
Wood Siding
Foundation:
Concrete
Basement:
Fully Developed
Floor Finish:
Laminate, Tile
Roof:
Asphalt Shingle, Tar/Gravel
Heating:
ETS (Elec Therm Storage), Heat Pump -Ductless
Fuel:
Electric
Garage Description:
None
Parking:
No
Driveway:
None
Water Supply:
Municipal
Water And Sewage:
$1,200
Sewer:
Municipal
Num Units:
3
Num 1 Bed Units:
2
Num 2 Bed Units:
1
# Of Dishwashers:
1
# Of Dryers:
2
# Of Fridges:
3
# Of Microwaves:
2
# Of Stoves:
3
# Of Washers:
2
Rental Income:
Yes, $58,560
Laundry Income:
$0
Other Income:
$0
Approx. Net Income:
$47,120/year
Insurance Expense:
$1,440
Taxes Costs:
$6,400
Management expense:
$2,400
Approx. Total Expense:
$11,440/year
Approx. Total Income:
$58,560/year
s x3, f x3, w x2, d x1, dw x2, microwave x2
Park, Playground, Public Transit, Recreation Center, Shopping, Place of Worship
Data was last updated February 3, 2026 at 07:20 PM (UTC)
Area Statistics
Listings on market:
66
Avg list price:
$797,000
Min list price:
$275,000
Max list price:
$6,250,000
Avg days on market:
83
Min days on market:
1
Max days on market:
474
These statistics are generated based on the current listing's property type
and located in
Halifax-Dartmouth. Average values are
derived using median calculations. This data is not produced by the MLS® system.