1/366307 Chebucto Road, Halifax
6307 Chebucto Road, Halifax, NS B3L1K9
$948,900 total
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Asset Class
Office
Size
—
Building class
B
Zoning
CB2 — Central Business
$ / SF
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Occupancy
97%
Year Built
1950
Lot Size
0.053 ac
About this property
You know the golden rule of Real Estate: Location, Location, Location! Well, you may have just found the ultimate match. Presenting a prime, turnkey investment in Halifax's highly sought after West End. Formerly a commercial property, this versatile building was thoughtfully converted in high demand residential units. This property features convenient in building laundry facilities and a paved driveway with parking for up to four Vehicles. Generating reliable, steady income from day one, it's an ideal commercial layout to operate your business onsite while generating passive income from the upper level residential unit. Properties offering this level of stability, versatility and location appeal rarely stay on the market long. Schedule your private viewing today before it's gone. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$4K
Projected NOI
$71K
Annual cash flow
$18K
Cash-on-cash
6.50%
DSCR
1.35
Going-in cap
7.49%
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
86,187
Households
31,008
Median income
$87,500
Median age
42.1
Daytime population
102,100
5-yr growth
5.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 6307 Chebucto Road, Halifax.
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.