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.
37 Martin Lake Drive, LAKE ECHO
2026-07-03
Quick Summary
MLS®#202616349
Property Description
RARE OPPORTUNITY. Investment opportunities like this are seldom available in Lake Echo. One of the few four-unit apartment buildings in the area, this fully occupied property offers immediate rental income with a 5.1% cap rate in a market where demand for quality rental housing remains strong. The well-maintained building features four two-bedroom apartments, a common laundry room, well and septic, and a newly constructed four-unit storage building (2025), adding both tenant convenience and long-term value. With happy, established tenants already in place, investors can step into a stable, income-producing asset from day one. Significant capital improvements have already been completed, reducing the risk of costly deferred maintenance for the next owner. Major investments include an Eco-Flow septic system, drainage management system, well pump, pressure tank, commercial laundry equipment, renovated bathrooms, and numerous other infrastructure upgrades completed over the past several years. Rather than inheriting a list of major projects, the next owner can focus on operating and growing the investment with confidence. Located in one of the Halifax area's most sought-after bedroom communities, Lake Echo continues to attract families and professionals seeking a quieter, cottage-country lifestyle within commuting distance of the city. Its combination of natural surroundings with lakes and outdoor activities, public transit, nearby amenities, and easy access to downtown Halifax and the airport supports strong tenant demand, helping minimize vacancy risk and making this a compelling addition to any investment portfolio. Full financials and list of upgrades and maintenance since 2022 available. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Park, Playground, Public Transit, Place of Worship, Beach
Building
- Amenities: Storage - Locker
- Appliances: Stove, Dryer, Washer, Refrigerator
- Basement Type: None
- Exterior Finish: Stucco, Vinyl
- Fireplace: No
- Flooring Type: Laminate
- Building Type: Fourplex
- Utility Water: Drilled Well
Features
- Feature: Balcony
Land
- Land Size: under 1/2 acre
- Sewer: Septic System
Ownership
- Type: Freehold
Structure
- Structure: Shed
Information entered by RE/MAX Nova (Halifax)
Listing information last updated on: 2026-07-04 13:30:02
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How much could you save in commission selling with One Percent Realty?
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$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!
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