Townhouse Portfolio - Significant Upside

For Sale

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

This Lower Sackville property for sale is located at 97, 99, 101, 103, 107 Walker Avenue. The current listed sale price for Townhouse Portfolio - Significant Upside is $2,080,000. Townhouse Portfolio - Significant Upside is situated on a lot that is 0.48 acre in size.

Contacts

broker

Michael Brown

Avison Young - CA - NS - Halifax

(902) 229-6179

Property Details

  • 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.

Getting around

  • 57/100

    Walk Score ®

  • 47/100

    Transit Score ®

  • 8/100

    Bike Score ®

Powered by Walk Score ®

Location

  • 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

  • Sobeys

    0.38 miles

  • Canadian Tire

    0.43 miles

  • Atlantic Superstore

    0.54 miles

  • Sobeys

    1.49 miles

  • Walmart

    2.71 miles

  • Canadian Tire

    2.77 miles

  • Bulk Barn

    2.86 miles

  • Atlantic Superstore

    2.91 miles

  • Pete's Frootique

    3.10 miles

  • Sobeys Bedford Mill Cove

    3.68 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Michael Brown

Avison Young - CA - NS - Halifax

(902) 229-6179