Investment opportunity in one of Halifax’s most desirable and convenient locations! Welcome to this brand-new fourplex built by GSN Construction, recognized for quality craftsmanship, thoughtful design, and attention to detail. This purpose-built multi-unit property consists of two semi-detached buildings with a total of four self-contained units and 10 bedrooms across the entire development. What truly sets this property apart is the smart layout — unlike many multi-unit buildings, the lower units are completely above grade with their own side entrances, allowing for large windows, abundant natural light, and a much more desirable living experience for tenants. Built with long-term ownership in mind, this property features quality construction materials, beautiful modern kitchens, carefully selected flooring, efficient layouts, and durable finishes throughout. Each unit is individually serviced with its own power meter, hot water tank, dedicated air exchanger, and heat pump system, giving tenants full control over their own heat and electricity while significantly reducing landlord operating expenses. Designed to be as close to worry-free as possible, ownership costs are minimized with tenants responsible for utilities, leaving the landlord primarily responsible for property taxes and insurance while benefiting from minimal maintenance expected for years to come. Located 20 minutes from downtown Halifax and close to major amenities, transit, shopping, and everyday conveniences, this property also offers multiple parking spaces with enough room to comfortably accommodate all occupants. Projected gross annual income exceeds $108,000 with an estimated annual cash flow of approximately $30,000, making this an exceptional opportunity for investors seeking strong returns, low operating costs, and the peace of mind that comes with owning brand-new construction. A rare chance to secure a turnkey, income-producing asset in a high-demand Halifax location.
Herring Cove onto Charlton Ave, right on Hayes St
Listing Sub-Area:
7-Spryfield
Property Type:
Multi-Family
Multi-Family Type:
Fourplex
Title To Land:
Freehold
Building Dimenions:
42x 40
Outside Dimenions:
38x37
Lot Size:
10,498 sq. ft.975 m2
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
0
Year built:
2026
(Age: 0)
Age:
0
# Floors:
3
Exterior Finish:
Vinyl
Foundation:
Concrete
New Constr.:
Yes
Construction Status:
Roof Tight
Basement:
Full, Fully Developed, Walkout
Floor Finish:
Hardwood, Laminate
Roof:
Asphalt Shingle
Heating:
Baseboard, Heat Pump -Ductless
Fuel:
Electric
Parking:
Yes
Parking Description:
up to 8 cars
Driveway:
Gravel, Paved
Water Supply:
Municipal
Water And Sewage:
estimated $3000
Sewer:
Municipal
Num Units:
4
Num 2 Bed Units:
2
Num 3 Bed Units:
2
# Of Dishwashers:
4
# Of Dryers:
4
# Of Fridges:
4
# Of Microwaves:
4
# Of Stoves:
4
# Of Washers:
4
Rental Income:
Potential, projected $108,000
Laundry Income:
0
Other Income:
0
Approx. Net Income:
$100,000
Insurance Expense:
estimated $2000
Taxes Costs:
estimated $10,000
Other Costs:
0
Management expense:
0
Snow / Garbage Collection:
Tenants pay
Heating Bill:
Tenants pay
Electricity Bill:
Tenants Pay
Approx. Total Expense:
$15,000
Approx. Total Income:
projected $108,000
Appliances.
Playground, Public Transit, School Bus Service, Shopping
Data was last updated May 23, 2026 at 05:20 PM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$659,900
Min list price:
$275,000
Max list price:
$974,900
Avg days on market:
53
Min days on market:
1
Max days on market:
214
These statistics are generated based on the current listing's property type
and located in
7-Spryfield. Average values are
derived using median calculations. This data is not produced by
the MLS® system.