We are a fully licensed real estate brokerage offering the same top-tier services and exposure as the big names in the industry—but at a lower commission rate. Here's what you can expect when you work with us: ✅ Full MLS® system listing ✅ Exposure on all major internet real estate platforms ✅ Professional signage (where permitted) ✅ Property showings and open houses ✅ Strategic advertising to attract buyers ✅ Skilled negotiation to secure the best deal ✅ Seamless conveyancing to ensure a smooth closing With us, you’re getting everything you need to sell your property successfully—just without the high commission fees.
358-360 St Margarets Bay Road, ARMDALE
2025-11-10
Quick Summary
- Location
- 358-360 St Margarets Bay Road, ARMDALE, Nova Scotia B3N1J9
- Price
- $825,000
- Status:
- For Sale
- Property Type:
- Multi-family
- Year of Construction:
- 1952
MLS®#202527574
Property Description
Presenting an exceptional investment opportunity in a high-demand rental area, featuring a solid, well-maintained triplex with three spacious two-bedroom units and a non-legal one-bedroom basement suite. Each upper unit is fully self-contained with its own entrance, hardwood floors, updated windows, and private balconies that bring in natural light, while the basement unit offers a walk-out patio and access to the shared coin-operated laundry area for additional income. The property is separately metered with four electrical panels, and each unit has its own hot water heater, with tenants paying their own heat and power. The owners responsibilities are limited to maintenance, water, and taxes, making this a low-effort, high-yield investment. Recent upgrades include new siding and fresh paint in two units, enhancing appeal and reducing future upkeep. The lot measures 50 x 145 feet and provides parking for at least five vehicles. Three units will be vacant for closing, offering flexibility to set market rents or renovate, while the fourth unit is under a fixed-term lease at $1,675/month plus utilities until June 2026. The basement unit, which shares power with the laundry and exterior lighting, requires some work, but with sweat equity and a potential application to the city, it could become a significant income booster. Estimated rent for each unit is $1,850+ per month, giving the property excellent upside potential. Located minutes from the Armdale Rotary, 2 blocks from the public dock at Chocolate Lake and along major transit routes, this income property combines strong cash flow potential with long-term appreciation in one of Halifaxs most desirable rental corridors. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Park, Playground, Public Transit, Shopping, Place of Worship, Beach
Building
- Exterior Finish: Vinyl
- Fireplace: No
- Flooring Type: Ceramic Tile, Hardwood, Linoleum
- Building Type: Triplex
- Utility Water: Municipal water
Features
- Feature: Balcony
Land
- Land Size: 0.1636 ac
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Information entered by Century 21 Optimum Realty
Listing information last updated on: 2025-11-10 12:49:57
Book your free home evaluation with a 1% REALTOR® now!
How much could you save in commission selling with One Percent Realty?
Slide to select your home's price:
$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty East Inc’s posted commission rates compared to a brokerage charging
5%. (HST is extra). Not all agents charge the same.
One Percent Realty's top FAQs
Simple, Transparent Pricing—No Surprises! Our commission structure is designed to save you money while providing top-tier service: • Residential Properties Under $400,000: $7,950 • Residential Properties Between $400,000 and $900,000: $9,950 • Residential Properties Over $900,000: 1% of the sale price + $950 Plus applicable taxes. Optional Flexibility: You have the option to offer additional commission to the buyer's agent. The choice is entirely yours! For commercial properties, farms, or development properties, please contact a One Percent Realty East agent directly or fill out the market evaluation form at the bottom right of our website. An agent will be in touch to discuss your specific needs. It’s that simple. Maximum service, minimum commission!
Yes, yes, and yes! Our listings receive maximum exposure on the MLS® system, REALTOR.ca®, and all major real estate websites, ensuring your property gets seen by as many potential buyers as possible. With us, you’re never compromising on visibility—just saving on commission!
Learn more about the One Percent Realty Deal