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Investment signal

$935,000

26 Randall Avenue

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Beds

—

Baths

—

Sqft

—

Year

1969

Type

Multi-family

Suite

Investment signal

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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

Welcome to 26 Randall Avenue! This well-located four-unit property in the heart of Fairview features three 2-bedroom units and one 1-bedroom unit, with all units currently rented, providing strong and stable income from day one. Recent updates include a new roof (2022) and electrical upgrades, along with efficient natural gas heating. Ideally located close to transit, amenities, and just minutes from downtown Halifax, offering excellent rental appeal. Well-maintained with functional layouts, this property offers reliable income and long-term growth potential in a strong rental market. With an estimated after-repair value (ARV) of approximately $1.3M, this is a compelling opportunity for investors seeking both cash flow and upside. (id:65958)

Subtype: Multi-family
Structure: Fourplex
Community: Halifax
Common interest: Freehold
Lot size: 0.17 acres
Lot dimensions: 0.1676
On market: Apr 13, 2026
Status changed: Apr 21, 2026
Photos: 44
MLS#: 202607216
Area: HALIFAX

Features and systems

Parking

Parking Space(s)

Basement

None

Appliances

RefrigeratorStove

Exterior

Vinyl

Flooring

Other

Foundation

Concrete Perimeter

Community

School Bus

Utilities

Cable Available

Negative cash flow ~$1,026/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.58%

Cap rate

3.55%

GRM

16.7

Break-even rent

$5,755

Financing

Down payment$187,000

Loan amount$748,000

Mortgage$3,790/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$429

Insurance$80

Maintenance$779

CapEx reserve$390

Vacancy loss$234

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

Estimated $3,790/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 21, 2026.