Primary photo of 1463 Highway 214, Nine Mile River
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Apartment For Sale

$949,900

MLS® Number: 202611705

Land Size

0.702

1463 Highway 214, Nine Mile River, Nova Scotia

About This Property

INVESTORS DREAM! An exceptional and rare investment opportunity has arrived in East Hants. Multi-unit apartment buildings of this size seldom come up for sale in the area, and this turn-key six-unit property features strong rental income that fully supports its price from day one. Located in Nine Mile River, the building offers an ideal rental mix consisting of four 1-bedroom units and two 2-bedroom units. The property has been exceptionally well-maintained, with five of the six units already updated. This includes one apartment that underwent a total top-to-bottom renovation in 2025, and two other units that received fresh paint and modern upgrades. Additionally, the common laundry area has been updated with newer coin-operated washers and dryers. Outside, tenants and guests will enjoy ample parking space available in both the front and back of the building. The location is highly convenient for commuters and excellent for tenant retention, sitting just 5 minutes from the Elmsdale core, 15 minutes to the Halifax Stanfield International Airport, and 40 minutes to Halifax. With major updates already complete and strong numbers in place, this is an East Hants opportunity you do not want to miss.

Property Details

Interior Details

Appliances

Washer, Refrigerator, Water softener, Stove, Dryer

Flooring

Laminate, Carpeted, Ceramic Tile, Linoleum

Building & Exterior

Exterior Features

Vinyl

Foundation Details

Concrete Perimeter

Parking Features

Paved Yard, Parking Space(s)

Land & Location

City Region

Nine Mile River

Community Features

School Bus, Recreational Facilities

Lot Size Area

0.7024 acres

Lot Size Dimensions

0.7024

Parcel Number

45123320

Postal Code

B2S2R4

Utilities & Services

Utilities

Cable Available

Listing & Financials

Listing Office

Royal LePage Atlantic (Enfield)

Originating System Name

Nova Scotia Association of REALTORS®

Other Specifications

Common Interest

Freehold

Country

Canada

Mortgage Calculator

20% ($189,980)
5.5%
25 Years

Estimated Monthly Payment

$4,667

Principal and interest only. Actual rates may vary.

Location & Map

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