Residential Income For Sale

$599,900

86 Williams Lake Road, Armdale, NS B3P 1T3

Description

Located at the east end of Williams Lake Road, this side-by-side duplex presents a strong investment opportunity in a desirable, family-oriented area with consistent rental demand. Walking distance to the lake, schools, and recreation, and just minutes to the Halifax Shopping Centre, the property benefits from both lifestyle appeal and convenient transit access. Each unit offers 3 bedrooms and 1.5 bathrooms, full basements, and private backyard space. Tenants pay all utilities, helping to minimize operating expenses and improve net income. Current rents are significantly below market, providing immediate upside. Comparable units in the area are achieving over $2,000/month per side, offering a clear path to increased cash flow over time. The property has been well maintained by the same family since 1987, with key capital improvements already completed, including a new roof (2016) and recently replaced fiberglass oil tanks. The front unit has seen updates to flooring, doors, and trim, while the rear unit remains in solid original condition—presenting a value-add opportunity. Flexible investment strategies include full rental operation, live-in with supplemental income, or future repositioning to maximize returns. A rare opportunity to acquire a stable asset with both immediate income and long-term growth potential.

Property Details

  • Property Type: Residential Income
  • PropertySubType: Duplex
  • Listing Type: For Sale
  • Listing ID: 202608689
  • Price: $599,900
  • Bedrooms: 6
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1964
  • Lot Area: 5,201.06 Acre
  • Status: Active
  • LivingAreaUnits : Square Feet

Features

  • Heating System : Furnace
  • Basement : Full, Unfinished, Finished
  • Roof Deck : Rolled/Hot Mop
  • Sewer : Municipal
  • Interior Flooring : Laminate, Porcelain
  • Zoning: R2

Details

  • Office Name: Sutton Group Professional Realty
  • Agent Name: Mark Lummis
  • ParkingTotal: 2
  • Garage: No
  • CommunityFeatures : Park, Playground, Shopping, Place Of Worship, Beach, Recreation Center, School Bus Service, Near Public Transport
  • LotFeatures : Under 0.5 Acres
  • ParkingFeatures : Paved, Double
  • ElementarySchool: John W Macleod-Fleming Tower Elementary School
  • HighSchool: JL Ilsley High School
  • MiddleOrJuniorSchool: Cunard Junior High School
  • Appliances : Stove, Dryer, Washer, Refrigerator, Refrigerator/Stove Combo, Water Heater
  • HeatingYN: Yes
  • PriceChangeTimestamp: 27/04/2026 00:00:00
  • Utilities : Cable Connected
  • Possession : Subject To Tenancy
  • ModificationTimestamp: 27/04/2026 18:42:07
  • MLSAreaMajor : 8-armdale/purcell's Cove/herring Cove
  • MLSAreaMinor : 8-c
  • Gas : Oil
  • FoundationDetails : Concrete Perimeter
  • FarmLandAreaUnits : Square Feet
  • ConstructionMaterials : Vinyl Siding, Brick
  • BuildingAreaUnits : Square Feet
  • BelowGradeFinishedAreaUnits : Square Feet
  • AdditionalParcelsYN: No

Property on Map

Request Info

Contact Agent
Colleen Ryan

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