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Investment signal

$899,000

3658 Albert Street

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Beds

Baths

Sqft

—

Year

—

Type

Single 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 Peninsula. 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 3658 Albert Street in Halifax, the sought-after North End. This triplex offers a great investment opportunity to build or add to your rental portfolio. Two bedrooms and one one-bedroom backyard suite offer multiple living and rental scenarios. Property offers great return on investment and has potential to add one more unit. Completely renovated and ready for new owners looking for a great investment. Property has potential to add one more unit and back yard suite has potential to add rooms on top. (id:65958)

Subtype: Single Family
Architectural style: 2 Level
Structure: Duplex
Community: Halifax Peninsula
Common interest: Freehold
Living area: 1,820 square feet
Lot size: 0.13 acres
Lot dimensions: 0.1267
Bedrooms: 3 above grade, 1 below grade
Stories: 1
On market: Apr 23, 2026
Status changed: Apr 23, 2026
Photos: 50
MLS#: 202608344
Area: HALIFAX_PENINSULA

Features and systems

Parking

Paved Yard

Basement

FinishedFull

Appliances

RefrigeratorDishwasherStove

Cooling

Heat Pump

Exterior

Wood shinglesVinyl

Flooring

LaminateEngineered hardwood

Foundation

Poured Concrete

Lot

LevelSump Pump

Community

Recreational Facilities

Negative cash flow ~$985/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

-6.57%

Cap rate

3.55%

GRM

16.6

Break-even rent

$5,537

Financing

Down payment$179,800

Loan amount$719,200

Mortgage$3,644/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$412

Insurance$80

Maintenance$749

CapEx reserve$375

Vacancy loss$225

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 $3,644/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 23, 2026.