A brilliant opportunity to purchase one of Schmidtville's distinguished Georgian mansions, where executive urban living is enhanced by approximately $95,000 in annual rental income from three self-contained and separate rental suites (1 X 4 Bedroom and 2 X 1 Bedroom units). Enjoy an exceptional family home where you can maintain independent living while significantly offsetting ownership costs, OR maximize the property's income potential by leasing all four units to generate approximately $180,000 in annual gross rental income. The primary residence spans +/- 3,400 sf over three levels, offering six bedrooms, four bathrooms, soaring ceilings, elegant principal rooms, abundant natural light, two offices, rooftop and garden terraces, plus off-street parking for 3-4 vehicles. Fully renovated in 2019 to a high quality standard, this remarkable 6,400 sf property is steps from Spring Garden Road, hospitals, universities and all downtown amenities.
Spring Garden Road to Queen Street (beside Atlantic News)
Listing Sub-Area:
2-Halifax South
Property Type:
Multi-Family
Multi-Family Type:
Fourplex
Title To Land:
Freehold
Building Dimenions:
71.8 x 37.10 +/-JOGS
Outside Dimenions:
71.8 x 37.10 +/-JOGS
Lot Size:
4,400 sq. ft.409 m2
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
4
Year built:
1880
(Age: 146)
Age:
146
# Floors:
3
Exterior Finish:
Wood Shingles
Foundation:
Block, Concrete, Stone
Basement:
Fully Developed, Walkout
Floor Finish:
Carpet, Hardwood, Laminate, Tile, Vinyl
Roof:
Asphalt Shingle, Other
Heating:
Baseboard, Hot Water, In Floor, Radiant, Radiator
Fuel:
Natural Gas
Parking:
Yes
Parking Description:
3-4 stalls via ROW off Queen Street
Driveway:
Gravel, Parking Spaces(s), Shared Driveway
Water Supply:
Municipal
Water And Sewage:
2572
Sewer:
Municipal
Num Units:
4
Num 1 Bed Units:
2
Num 4 Bed Units:
1
# Of Dishwashers:
4
# Of Dryers:
5
# Of Fridges:
4
# Of Microwaves:
1
# Of Stoves:
4
# Of Washers:
5
Rental Income:
Yes, $180,540 (estimated)
Approx. Net Income:
$132,300 (estimated)
Insurance Expense:
7248
Taxes Costs:
23915
Other Costs:
2500
Maintenace:
3500.0
Heating Bill:
6962
Electricity Bill:
1543
Approx. Total Expense:
48240
Approx. Total Income:
$180,540 (estimated)
Apt Conforming, Balcony, Ensuite Bath, Laundry, Multi-Use Rooms, Secondary Suite, See Remarks
All landlord owned appliances
Tenant possessions
Park, Playground, Public Transit, Shopping, Place of Worship
Range - Electric, Dishwasher, Dryer, Washer, Microwave, Refrigerator
Data was last updated July 21, 2026 at 09:20 PM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$1,649,000
Min list price:
$929,900
Max list price:
$6,595,000
Avg days on market:
77
Min days on market:
12
Max days on market:
178
These statistics are generated based on the current listing's property type
and located in
2-Halifax South. Average values are
derived using median calculations. This data is not produced by
the MLS® system.