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5571 North Street, Halifax, NS, B3K 1N1

MLS® # 202503730
Investment For Sale In North End, Halifax, Nova Scotia
$1,199,000 QuickQuoteTM: Not Available
5571 North Street, Halifax, NS
5571 North Street, Halifax, NS
5571 North Street, Halifax, NS
5571 North Street, Halifax, NS
5571 North Street, Halifax, NS
5571 North Street, Halifax, NS
5571 North Street, Halifax, NS
5571 North Street, Halifax, NS
5571 North Street, Halifax, NS
5571 North Street, Halifax, NS
5571 North Street, Halifax, NS
5571 North Street, Halifax, NS
5571 North Street, Halifax, NS
5571 North Street, Halifax, NS
5571 North Street, Halifax, NS
5571 North Street, Halifax, NS
5571 North Street, Halifax, NS
5571 North Street, Halifax, NS
5571 North Street, Halifax, NS
5571 North Street, Halifax, NS
5571 North Street, Halifax, NS
5571 North Street, Halifax, NS
5571 North Street, Halifax, NS
5571 North Street, Halifax, NS
5571 North Street, Halifax, NS
5571 North Street, Halifax, NS
5571 North Street, Halifax, NS
5571 North Street, Halifax, NS
5571 North Street, Halifax, NS
5571 North Street, Halifax, NS
5571 North Street, Halifax, NS
5571 North Street, Halifax, NS
5571 North Street, Halifax, NS
5571 North Street, Halifax, NS
5571 North Street, Halifax, NS
5571 North Street, Halifax, NS
5571 North Street, Halifax, NS
5571 North Street, Halifax, NS
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5571 North Street, Halifax, NS, B3K 1N1
$1,199,000

Property Information:

Exceptional investment opportunity awaits at 5571 North Street. This well-maintained multi-unit is priced below recently appraised value, featuring four spacious two-bedroom units, each with in-suite laundry, fully occupied, all on fixed-term leases, ensuring reliable and consistent rental income. Recent upgrades (since 2019) include modernized kitchens with updated appliances, new flooring, wiring, drywall, and paint, along with four brand-new bathrooms, new washers, dryers, and water tanks for each unit, plus updated windows to improve energy efficiency, and the roof (2024). Situated in a high-demand location, this property is a prime addition to any investment portfolio, offering both immediate returns and long-term growth potential. Zoned ER-2, it also provides the opportunity to expand by adding one or two additional units in the basement. Don’t miss out on this turn-key investment!

Property Features:

  • Built in: 1967
  • Title to Land: Freehold

Data provided by: Nova Scotia Association of REALTORS® 68 Highfield Park Drive, Suite 112, Dartmouth, Nova Scotia B3A 0E4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Location of 5571 North Street, Halifax, NS, B3K 1N1

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

29 hot days expected in 2050

Projected Precipitation Risk: High

13 storms expected in 2050

Projected Heat Risk: Moderate-Low

29 hot days expected in 2050

36/100

Moderate-Low

ClimateCheck®

Current data

This property, 5571 North Street , experiences 7 hot days per year at around 28.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 29 hot days at 32.1 degrees Celsius.

Projected Avg. Temperature

Past
28.2℃
2050
32.1℃

# Hot Days Per Year

Past
7
2050
29

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

13 storms expected in 2050

91/100

High

ClimateCheck®

Current data

This property, 5571 North Street , experiences 11 significant 2-day storms per year, with about 483mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 605.7mm of precipitation per year.

Precipitation Per Storm

Past
483mm
2050
605.7mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 5571 North Street, Halifax, NS, B3K 1N1

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$95,488.57

Average Number of Children

1.45

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.94 %

High school certificate or equivalent

24.64 %

Apprenticeship trade certificate/diploma

3.98 %

College/non-university certificate

15.59 %

University certificate (below bachelor)

2.89 %

University Degree

41.97 %

Commuter

Travel To Work

By Car

42.39 %

By Public Transit

12.22 %

By Walking

34.02 %

By Bicycle

3.06 %

By Other Methods

8.32 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

66.03 %

Houses

33.97 %

Own Vs. Rent