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2542 Gottingen Street
1-Halifax Central
Halifax
B3K 3C4
$879,900
Multi-Family
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- 202602009
- Photos (50)
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Well-located triplex in the heart of Halifax’s vibrant North End, offering immediate rental income and long-term growth potential. The property features three self-contained units: one spacious two-bedroom, one one-bedroom plus den, and one one-bedroom unit—providing a desirable mix that appeals to a broad tenant base. Situated on Gottingen Street, one of Halifax’s most dynamic and evolving corridors, this property is surrounded by local cafés, restaurants, and cultural hubs, with the Halifax Commons just steps away. Walkable access to hospitals, universities, downtown, and major transit routes continues to drive strong and consistent rental demand, supported by nearby employment centres and ongoing neighbourhood revitalization. From an investment perspective, this location performs. The building supports solid fundamentals with reliable income and projected returns that reflect the strength of the area, with estimates indicating up to a 109% return on investment over five years based on current assumptions. An excellent opportunity for investors seeking a centrally located multi-unit property in a proven rental market with upside for the future.
- Gottingen Street
- Listing Sub-Area:
- 1-Halifax Central
- Property Type:
- Multi-Family
- Multi-Family Type:
- Triplex
- Title To Land:
- Freehold
- Building Dimenions:
- Irregular
- Lot Size:
- 2,322 sq. ft.216 m2
- Prop Size:
- Under 0.5 Acres
- # of Rental Units / Occupied:
- 3
- Exterior Finish:
- Wood Siding
- Foundation:
- Concrete
- Basement:
- Fully Developed
- Floor Finish:
- Laminate, Tile
- Roof:
- Asphalt Shingle, Tar/Gravel
- Heating:
- ETS (Elec Therm Storage), Heat Pump -Ductless
- Fuel:
- Electric
- Garage Description:
- None
- Parking:
- No
- Driveway:
- None
- Water Supply:
- Municipal
- Water And Sewage:
- $1,200
- Sewer:
- Municipal
- Num Units:
- 3
- Num 1 Bed Units:
- 2
- Num 2 Bed Units:
- 1
- # Of Dishwashers:
- 1
- # Of Dryers:
- 2
- # Of Fridges:
- 3
- # Of Microwaves:
- 2
- # Of Stoves:
- 3
- # Of Washers:
- 2
- Rental Income:
- Yes, $58,560
- Laundry Income:
- $0
- Other Income:
- $0
- Approx. Net Income:
- $47,120/year
- Insurance Expense:
- $1,440
- Taxes Costs:
- $6,400
- Management expense:
- $2,400
- Approx. Total Expense:
- $11,440/year
- Approx. Total Income:
- $58,560/year
- s x3, f x3, w x2, d x1, dw x2, microwave x2
- Park, Playground, Public Transit, Recreation Center, Shopping, Place of Worship
- Stove, Dishwasher, Dryer, Washer, Microwave, Refrigerator
- None
- No
- Zoning:
- ER-2
- Possession Info:
- Immediate
- Elementary School:
- Joseph Howe Elementary School
- French Imm Elementary School:
- St Joseph's - Alexander Mckay El
- French Imm High School:
- Citadel High School
- French Imm Middle School:
- Oxford School
- High School:
- Citadel High School
- Middle School:
- Oxford School
-
Welcome to 2542 Gottingen St
-
Well-located triplex
-
Bright and welcoming
-
Photo 4 of 50
-
Open and inviting
-
Efficient ductless heat pump for heating & cooling
-
Big bright windows
-
Great flow to the dining room
-
Great dining room
-
Functional space for everyday meal
-
Seamlessly connected to the living area
-
Lots of natural lights
-
Well-laid-out kitchen
-
Stainless steel appliances
-
Looking into nice backyard space
-
Lots of counter space
-
Well-sized bedroom
-
Comfortable & offering quiet retreat
-
Full bathroom
-
Great mudroom space
-
Upper unit living room
-
Welcoming space to relax
-
Upper unit fully equipped kitchen
-
Lots of windows with natural lights
-
Upper unit primary bedroom
-
Great layout
-
Ample closet space
-
Upper unit second bedroom
-
Upper unit full bathroom
-
Clean & functional
-
Lower level unit Kithchen
-
Lower level unit full bathroom
-
Lower level living room
-
Lower level unit bedroom
-
Photo 35 of 50
-
Lower level unit Den
-
Separate entrance for each unit
-
Ideally situated on Gottingen St
-
Photo 39 of 50
-
One of the city's most evolving location
-
Photo 41 of 50
-
Main floor unit floor plan
-
Upper unit floor plan
-
Halifax Commons just steps away
-
Just around the corner from Cogswell district project
-
Quick access to Macdonald Bridge
-
Compelling opportunities for investors seeking central location
-
Including estimates indicating 109% ROI
-
Great backyard space
-
Photo 50 of 50
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Listed by Royal LePage Atlantic
Data was last updated February 5, 2026 at 09:20 AM (UTC)
Area Statistics
- Listings on market:
- 69
- Avg list price:
- $799,000
- Min list price:
- $275,000
- Max list price:
- $6,250,000
- Avg days on market:
- 84
- Min days on market:
- 1
- Max days on market:
- 476
These statistics are generated based on the current listing's property type
and located in
Halifax-Dartmouth. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- Keller Williams Select Realty
- (902) 407-7373
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