1463 Highway 214
105-East Hants/Colchester West Nine Mile River B2S 2R4

$949,900
Multi-Family

Main Photo: 1463 Highway 214, Nine Mile River, Nova Scotia
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Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
202611705
An exceptional and rare investment opportunity has arrived in East Hants. Multi-unit apartment buildings of this size seldom come up for sale in the area, and this turn-key six-unit property features strong rental income that fully supports its price from day one. Located in Nine Mile River, the building offers an ideal rental mix consisting of four 1-bedroom units and two 2-bedroom units. The property has been exceptionally well-maintained, with five of the six units already updated. This includes one apartment that underwent a total top-to-bottom renovation in 2025, and two other units that received fresh paint and modern upgrades. Additionally, the common laundry area has been updated with newer coin-operated washers and dryers. Outside, tenants and guests will enjoy ample parking space available in both the front and back of the building. The location is highly convenient for commuters and excellent for tenant retention, sitting just 5 minutes from the Elmsdale core, 15 minutes to the Halifax Stanfield International Airport, and 40 minutes to Halifax. With major updates already complete and strong numbers in place, this is an East Hants opportunity you do not want to miss.
#1463 on Highway 214, Nine Mile River
Listing Sub-Area:
105-East Hants/Colchester West
Property Type:
Multi-Family
Multi-Family Type:
5 - 8 Unit
Title To Land:
Freehold
Building Dimenions:
Irregular
Lot Size:
0.7 acre(s)
Prop Size:
0.5 to 0.99 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
6
# Floors:
3
Exterior Finish:
Vinyl
Foundation:
Concrete
Basement:
Fully Developed, Walkout
Floor Finish:
Carpet, Ceramic, Laminate, Linoleum
Roof:
Asphalt Shingle
Heating:
Baseboard
Fuel:
Electric
Driveway:
Parking Spaces(s), Paved
Water Supply:
Drilled Well
Sewer:
Septic
Num Units:
6
Num 1 Bed Units:
4
Num 2 Bed Units:
2
# Of Dryers:
1
# Of Fridges:
6
# Of Stoves:
6
# Of Washers:
1
Rental Income:
Yes, 77484
Laundry Income:
2100
Insurance Expense:
2813
Taxes Costs:
3285
Snow / Garbage Collection:
450
Electricity Bill:
1500
Cable, Laundry, Power, Storage
Playground, Recreation Center, School Bus Service
Stove, Dryer, Washer, Refrigerator, Water Softener
Water Softener
Shed
No
Zoning:
R2
Possession Info:
As Agreed
Elementary School:
Elmsdale District Elementary School
High School:
Hants East Rural High School
Middle School:
Riverside Education Centre
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    Unit 2
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    Unit 2
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    Unit 2
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    Unit 4
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    Unit 4
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    Unit 4
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Listed by Royal LePage Atlantic (Enfield)
Data was last updated May 22, 2026 at 03:20 AM (UTC)
Area Statistics
Listings on market:
106
Avg list price:
$836,950
Min list price:
$275,000
Max list price:
$6,600,000
Avg days on market:
44
Min days on market:
1
Max days on market:
577
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.
SCOTT ROBINSON