$2,249,900
2055,2059,2061 North Park Street
Beds
—
Baths
—
Sqft
—
Year
1901
Type
Multi-family
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Halifax. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Here is a fantastic investment property on North Park Street, overlooking the Halifax Commons. A turn key investment opportunity on the iconic North Park Street, Halifaxs historic corridor. This 10-unit property sits with striking views over the Halifax Commons and blends old-world charm with modern upgrades. Over the past eight years, significant structural work has been completed to this 125 year old building: leaning sections of the foundation were removed and rebuilt using original-style stone where possible and poured concrete where needed, with the building jacked to level floors throughout. Nine of the units that needed renovations were refreshed with new flooring, bathrooms, and kitchens, delivering an attractive, updated living experience. The property benefits from multiple units with private decks, and the third-floor unit at 2061 features a large rooftop patio overlooking the Commons. This combination of historic character, recent improvements, and a highly desirable location supports a strong income stream and ease of renting. (id:65958)
- Subtype
- Multi-family
- Structure
- Apartment
- Community
- Halifax
- Common interest
- Freehold
- Lot size
- 0.09 acres
- Lot dimensions
- 0.091
- On market
- Jan 13, 2026
- Status changed
- Apr 28, 2026
- Photos
- 19
- MLS#
- 202600698
- Area
- HALIFAX
Features and systems
Parking
Basement
Appliances
Exterior
Flooring
Foundation
Lot
Community
Cash on cash
-6.28%
Cap rate
3.61%
GRM
16.7
Break-even rent
$13,730
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 28, 2026.