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For Sale · Multifamily

32 Berm Street, Spryfield

32 Berm Street, Spryfield, NS B3R0H2

$659,900 total

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Asset Class

Multifamily

Size

—

Building class

C

Zoning

RF6 — Medium Density

$ / SF

—

Occupancy

96%

Year Built

2026

Lot Size

0.0574 ac

About this property

Brand new two unit semi in a fantastic new subdivision at the border of Spryfield and Herring Cove!! With two electric meters, two HRVs, laundry in both units and a path to the rear separate entry, this is the ideal opportunity to own a low maintenance beautiful property with income. Live upstairs in the stunning 3bdrm, 2.5 bath (ensuite off Primary Bedroom!) unit with a gorgeous great room, contemporary kitchen with large island, quartz countertops, a walk in pantry and tonnes of light through oversized windows. Comfort of a ductless heatpump in the Great Room. Rent the lovely spacious one bedroom basement suite with it's separate entrance at the rear, to support your mortgage. Carpet free with quality laminate flooring and ceramic tile throughout, featuring hardwood stairs up and down, and just 20 minutes to downtown on a bus route. Visit the furnished model home and choose your preferred lot and layout today. Still time to choose your own finishes depending on lot and construction stage. This unit includes new kitchen and laundry appliances in the upper unit. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$660K
Down payment30% · $198K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$34K

Annual cash flow

$-2K

Cash-on-cash

-1.24%

DSCR

0.93

Going-in cap

5.17%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

73,893

Households

28,073

Median income

$84,500

Median age

41.4

Daytime population

92,297

5-yr growth

2.7%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 32 Berm Street, Spryfield.

NDA required

  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.