This freshly updated raised bungalow with a fully permitted legal 2-bedroom suite is located in sought-after Forest Hills—close to schools, Cole Harbour Place, walking trails, and everyday shopping. Whether you're a multigenerational family, a homeowner seeking mortgage support, or an investor looking for a turnkey opportunity, this home delivers flexibility and peace of mind. The main unit features three bedrooms, updated flooring in common areas, fresh paint throughout, and a fully renovated bathroom—all designed for comfort and durability. The kitchen has been enhanced with new appliances, and a new back door adds to the home's functionality. A ductless heat pump ensures energy-efficient heating and cooling. The lower-level legal suite has been completely rebuilt with rental functionality in mind. It includes two bedrooms, its own laundry, a brand-new bathroom, and new flooring throughout. It operates on a separate power meter with its own electrical panel, providing true independence for tenants. A new hot water tank and upgraded lighting complete the lower-level improvements. There is fully fenced, level backyard that is easy to maintain and ideal for tenant use. Two storage sheds provide added value for tenants or owner-occupiers, and recently upgraded front steps improve curb appeal with minimal ongoing upkeep. With all major capital updates completed, this legal duplex is ready for immediate occupancy and income generation. Whether you're looking to live in one unit while renting the other or seeking a reliable investment in a high-demand rental area, this property checks all the boxes.
Cole Harbour Road, Peron Street, right on Arklow, left on Amaranth 146
Listing Sub-Area:
15-Forest Hills
Property Type:
Multi-Family
Multi-Family Type:
Duplex
Title To Land:
Freehold
Building Dimenions:
24'.7" x 36.8"
Outside Dimenions:
24'.7" x 36'.8" + 11'.7" x 4'.6"
Lot Size:
6,220 sq. ft.578 m2
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
2
Year built:
1976
(Age: 49)
Age:
49
# Floors:
1
Exterior Finish:
Vinyl
Foundation:
Concrete
Basement:
Full, Fully Developed, Walkout
Floor Finish:
Concrete, Laminate
Roof:
Asphalt Shingle
Heating:
Baseboard, Heat Pump -Ductless, Ductless Cooling
Fuel:
Electric
Parking:
Yes
Parking Description:
Double, paved, shared
Driveway:
Double, Parking Spaces(s), Shared
Water Supply:
Municipal
Water And Sewage:
$1122 / yr - Note:tenants paid
Sewer:
Municipal
Num Units:
2
Num 2 Bed Units:
1
Num 3 Bed Units:
1
# Of Dishwashers:
1
# Of Dryers:
2
# Of Fridges:
2
# Of Stoves:
2
# Of Washers:
2
Rental Income:
Potential, $44,730 -2024/2025 Income
Approx. Net Income:
$34,833.74
Insurance Expense:
$2022 / yr
Taxes Costs:
$4437.76
Management expense:
$2236.50
Heating Bill:
$2160/yr - Note:tenants paid
Electricity Bill:
Included in Heating Bill
Approx. Total Expense:
$9896.26
Approx. Total Income:
$44,730
Air Conditioning, Heat/Air Exchange, Laundry, Power, Secondary Suite, Storage, Telephone
Data was last updated May 14, 2025 at 07:20 PM (UTC)
Area Statistics
Listings on market:
94
Avg list price:
$1,045,000
Min list price:
$369,900
Max list price:
$6,995,000
Avg days on market:
49
Min days on market:
2
Max days on market:
811
These statistics are generated based on the current listing's property type
and located in
Halifax-Dartmouth. Average values are
derived using median calculations.