5484–86 Clyde Street presents an opportunity to acquire an 8-unit apartment building in the heart of Downtown Halifax. The property features a desirable unit mix of six 2-bedroom units and two 1-bedroom units. The building underwent a full down-to-the-studs renovation in 2018, with all units upgraded to include modern kitchens and bathrooms, in-suite ductless electric heat pumps, in-suite washers and dryers, and individual hot water tanks. The comprehensive nature of the renovation positions the asset as a turn-key, low-maintenance investment suitable for a long-term hold. The property benefits from an exceptional downtown location within walking distance of restaurants, shopping, Halifax Central Library, and Park Lane Mall, offering strong tenant appeal and long-term demand.
From Spring Garden Road, take a right onto Queen St and then take your first right onto Clyde St.
Listing Sub-Area:
2-Halifax South
Property Type:
Multi-Family
Multi-Family Type:
5 - 8 Unit
Title To Land:
Freehold
Building Dimenions:
53 x 42
Lot Size:
5,001 sq. ft.465 m2
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
8
Exterior Finish:
Cementitious Board, Wood Siding
Foundation:
Concrete
Basement:
Fully Developed, Walkout
Floor Finish:
Carpet, Hardwood, Laminate, Tile
Roof:
Other
Heating:
Baseboard, Heat Pump -Ductless
Fuel:
Electric
Parking:
Yes
Parking Description:
4 paved parking stalls
Driveway:
Parking Spaces(s), Paved, Shared Driveway
Water Supply:
Municipal
Water And Sewage:
$3,754.29
Sewer:
Municipal
Num Units:
8
Num 1 Bed Units:
2
Num 2 Bed Units:
6
# Of Dishwashers:
8
# Of Dryers:
8
# Of Fridges:
8
# Of Microwaves:
8
# Of Stoves:
8
# Of Washers:
8
Rental Income:
Yes, $178,631.64
Other Income:
$5,845
Approx. Net Income:
$145,358.55
Insurance Expense:
$7,216
Taxes Costs:
$11,183
Management expense:
$5,358.95
Snow / Garbage Collection:
$7,232.49
Electricity Bill:
$553.60
Approx. Total Expense:
$39,117.45
Approx. Total Income:
$184,476.66
Air Conditioning, Apt Conforming, Balcony, Cable, Intercom, Laundry, Telephone
Park, Public Transit, Shopping, Place of Worship
Dishwasher, Washer/Dryer Combo, Microwave Rng Hd Combo, Refrigerator
Data was last updated February 15, 2026 at 11:20 PM (UTC)
Area Statistics
Listings on market:
78
Avg list price:
$847,400
Min list price:
$275,000
Max list price:
$7,675,000
Avg days on market:
74
Min days on market:
2
Max days on market:
486
These statistics are generated based on the current listing's property type
and located in
Halifax-Dartmouth. Average values are
derived using median calculations. This data is not produced by the MLS® system.