5484 Clyde Street

Description

5484–86 Clyde Street presents an opportunity to acquire an 8-unit apartment building in the heart of Downtown Halifax, with the option to add a rear addition, allowing up to 10 units. The property features a desirable unit mix of six 2-bedroom units and two 1-bedroom units. The building underwent a full down-to-the-studs renovation in 2018, with all units upgraded to include modern kitchens and bathrooms, in-suite ductless electric heat pumps, in-suite washers and dryers, and individual hot water tanks. The comprehensive nature of the renovation positions the asset as a turn-key, low-maintenance investment suitable for a long-term hold. The property benefits from an exceptional downtown location within walking distance of restaurants, shopping, Halifax Central Library, and Park Lane Mall, offering strong tenant appeal and long-term demand.