Townhouse Portfolio - Significant Upside

97, 99, 101, 103, 107 Walker Avenue, Lower Sackville, NS B4C0A

  • For Sale $2,080,000
  • Property Type Multi-Family
  • Property Size 7,350 SF
  • Units 5
  • Lot Size 0.48 Acre
  • Property Tenancy Single Tenant
  • Date Updated Apr 5, 2024
This 5-unit Town Home investment is in an extremely well-positioned location directly off Highway 101 and Sackville's main thoroughfare, Sackville Drive. These quality-built townhomes have the ability to draw a tenant base ranging from working professionals to empty nesters. The area is surrounded by many amenities, including shopping, grocery, fitness, entertainment, hospitality, medical and much more. Neighbouring structures within walking distance include a mix of single-family, multi-residential and commercial uses, including automotive shops and retail plazas. Sackville is an ever-growing town that will continue to see development and growth for years to come, ultimately bringing additional amenities to the immediate area. Demand for residential accommodation has skyrocketed from the local, national and international community, who now realize the immense future potential of HRM and what it has to offer, balanced with a quality of life unmatched by many cities. Demand for rentals in Halifax is anticipated to outstrip supply for a minimum of five years and very likely much longer.Walker Ave consists of 5 townhomes in a row of 6. These are quality-built townhomes that each include a bright living room with laminate flooring. There is a large kitchen/dining area with many cabinets, a private back deck with a fenced-in backyard, and a lower level with three spacious bedrooms. Built in 2006, it is still in like new condition and very low maintenance. The current rents are well below market with some significant potential lift for investors.

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Highlights

  • Conveniently located in close proximity to many amenities, including shopping, transit and much more
  • Surrounding land uses are complementary to single and multi-residential developments.
  • Within Walking distance to the metro transit station with multiple different routes
  • Directly off the highway
  • Residential real estate is in high demand due to strong growth in the municipality and low vacancies.
  • Units have electric heat and are separately metered and charged directly to the tenants.

Contacts

broker

Michael Brown

Avison Young - CA - NS - Halifax

(902) 229-6179

Location

Getting Around

  • Walk Score ®

    57/100 Somewhat Walkable
  • Transit Score ®

    47/100 Some Transit
  • Bike Score ®

    8/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Lower Sackville, NS
  • Neighborhood Lower Sackville
  • Postal Code B4C0A

Points of Interest

  • Alderney Ferry Terminal

    9.41 miles

  • Wilson's GasBar

    0.41 miles

  • SuperStore Gas Bar

    0.43 miles

  • Esso

    0.59 miles

  • Ultramar

    0.60 miles

  • Irving

    0.67 miles

  • Shell

    1.01 miles

  • Petro-Canada

    1.09 miles

  • Petro-Canada

    1.78 miles

  • Ultramar

    1.81 miles

  • Petro-Canada

    2.36 miles

  • Sobeys Parking

    1.48 miles

  • Cobequid Park 'N Ride

    1.77 miles

  • Margeson Drive Park and Ride

    1.97 miles

  • West Bedford Park and Ride

    3.01 miles

  • Fall River Transit Terminal

    5.42 miles

  • 40 Kent Avenue

    5.62 miles

  • Public Parking

    6.49 miles

  • Shubie Drive Trail Head

    7.88 miles

  • Accessible Parling Three Spots

    8.37 miles

  • Maybank Park and Ride

    8.40 miles

  • Heritage Hideaway B&B

    3.08 miles

  • Maritime Motel

    3.28 miles

  • Stardust Motel

    3.50 miles

  • Travelers Motel

    4.18 miles

  • Esquire Motel

    4.29 miles

  • Abigail Apartments

    4.73 miles

  • Bluenose Inn & Suites

    4.90 miles

  • Inn on the Lake

    5.16 miles

  • Comfort Inn Halifax

    5.24 miles

  • Chateau Bedford

    5.72 miles

  • 720 Yans Chinese Restaurant

    0.28 miles

  • Pizza Hut Delivery

    0.32 miles

  • Mezza Lebanese Kitchen

    0.32 miles

  • Dairy Queen

    0.33 miles

  • King of Donair

    0.36 miles

  • Boston Pizza

    0.36 miles

  • Hella's

    0.37 miles

  • Wendy's

    0.40 miles

  • KFC

    0.40 miles

  • Jasmine Chinese Restaurant

    0.41 miles

  • Sackville Heights Junior High School Park

    0.87 miles

  • Ecole du Grand-Portage

    1.36 miles

  • Smokey Drive Elementary

    1.39 miles

  • Sackville Heights Elementary School Park

    1.45 miles

  • Leslie Thomas Jr. High

    1.46 miles

  • Leslie Thomas Junior High School Park

    1.49 miles

  • Millwood Elementary School Park

    1.56 miles

  • Hillside Elementary Park School Park

    1.69 miles

  • Millwood High School

    1.78 miles

  • Sandy Lake Academy

    2.63 miles

  • Sackville Early Learning Centre

    0.93 miles

  • Willow Creek Children's Centre

    2.60 miles

  • Crestview Children's Center

    3.03 miles

  • Tiny Angels

    4.15 miles

  • Ayeshah's preschool home daycare

    4.23 miles

  • Dona's home daycare

    4.38 miles

  • Kids & Company

    4.50 miles

  • Care And Fun Childcare

    6.75 miles

  • Halifax Christian Academy Early Childhood Centre

    7.70 miles

  • Alexandra Children’s Centre

    8.20 miles

Frequently Asked Questions

What is the lease rate for Townhouse Portfolio - Significant Upside?

Rental asking rate at Townhouse Portfolio - Significant Upside is $1,040,000.00/YR.

What is the total square footage of Townhouse Portfolio - Significant Upside?

Townhouse Portfolio - Significant Upside totals 7,350 square feet.

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Contact Listing Broker

broker

Michael Brown

Avison Young - CA - NS - Halifax

(902) 229-6179