Home Details for 7 Hayes Street

Investment opportunity in one of Halifaxs most desirable and convenient locations! Welcome to this brand-new fourplex built by GSN Construction, recognized for quality craftsmanship, thoughtful design, and attention to detail. This purpose-built multi-unit property consists of two semi-detached buildings with a total of four self-contained units and 10 bedrooms across the entire development. What truly sets this property apart is the smart layout unlike many multi-unit buildings, the lower units are completely above grade with their own side entrances, allowing for large windows, abundant natural light, and a much more desirable living experience for tenants. Built with long-term ownership in mind, this property features quality construction materials, beautiful modern kitchens, carefully selected flooring, efficient layouts, and durable finishes throughout. Each unit is individually serviced with its own power meter, hot water tank, dedicated air exchanger, and heat pump system, giving tenants full control over their own heat and electricity while significantly reducing landlord operating expenses. Designed to be as close to worry-free as possible, ownership costs are minimized with tenants responsible for utilities, leaving the landlord primarily responsible for property taxes and insurance while benefiting from minimal maintenance expected for years to come. Located 20 minutes from downtown Halifax and close to major amenities, transit, shopping, and everyday conveniences, this property also offers multiple parking spaces with enough room to comfortably accommodate all occupants. Projected gross annual income exceeds $108,000 with an estimated annual cash flow of approximately $30,000, making this an exceptional opportunity for investors seeking strong returns, low operating costs, and the peace of mind that comes with owning brand-new construction. A rare chance to secure a turnkey, income-producing asset in a high-demand Halifax location. (id:31684)