Opportunity awaits the buyer of this property. If you're looking to own a well established income property with both residential and commercial space, look no further—it's here. The property includes 3 parcels. One parcel features a 73ft by 40ft commercial building with 2 separate spaces. Both spaces include mezzanine areas, office space, and a kitchen/meeting room, and both come with their own power meters. Another parcel features the apartment building that has 5 rental units (4 - 1bedroom and 1 - 2 bedroom). All units are currently occupied, have their own power meters, and have been recently updated throughout. The last parcel is a vacant lot between the 2 buildings. The whole property offers ample paved parking for cars, trucks, equipment, etc. Some other perks of this property include a metal roof on the commercial building, the Shubenacadie River running behind the entire property and coin-operated laundry machines in the basement utility room for all the tenants to use. This is a rare opportunity to own such a unique property in our wonderful community which is centrally located and only a short distance to all of your needs.
Highway 2 to civic 2445
Listing Sub-Area:
30-Waverley, Fall River, Oakfield
Property Type:
Multi-Family
Multi-Family Type:
5 - 8 Unit
Title To Land:
Freehold
Building Dimenions:
41 x 39.5
Outside Dimenions:
41 x 39.5
Lot Size:
0.54 acre(s)0.22 hectare(s)
Prop Size:
0.5 to 0.99 Acres
Commercial / Retail Space:
Yes
# of Rental Units / Occupied:
5
# Floors:
2
Exterior Finish:
Vinyl
Foundation:
Block, Concrete
Basement:
Full, Walkout
Floor Finish:
Carpet, Laminate, Linoleum
Roof:
Asphalt Shingle
Heating:
Radiant
Fuel:
Electric, Oil
Garage Description:
73 x 40
Parking:
Yes
Parking Description:
Multiple spots, paved, concrete and gravel.
Driveway:
Parking Spaces(s), Paved
Water Supply:
Municipal
Water And Sewage:
1200
Water Type:
Fresh Water
Sewer:
Septic
Num Units:
5
Num Bachelor Units:
0
Num 1 Bed Units:
4
Num 2 Bed Units:
1
Num 3 Bed Units:
0
Num 4 Bed Units:
0
# Of Dryers:
1
# Of Fridges:
5
# Of Stoves:
5
# Of Washers:
1
Rental Income:
Yes, 6875 apartments only
Laundry Income:
Varies
Other Income:
Commercial space approx $7500
Approx. Net Income:
$68,300 not inc commercial
Insurance Expense:
6000
Taxes Costs:
6000
Other Costs:
0
Maintenace:
0.0
Management expense:
0
Betterment Charges:
None known of
Snow / Garbage Collection:
0
Heating Bill:
1000
Electricity Bill:
0
Approx. Total Income:
Potential $15,000
1 fridge and one stove per apartment- coin operated 1-washer and 1-dryer
Golf Course, Park, Playground, Recreation Center, School Bus Service, Shopping, Place of Worship, Beach
Data was last updated July 10, 2026 at 03:20 AM (UTC)
Area Statistics
Listings on market:
117
Avg list price:
$825,000
Min list price:
$349,900
Max list price:
$6,595,000
Avg days on market:
51
Min days on market:
1
Max days on market:
626
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.