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Investment signal

$1,339,000

5554- 5556 Atlantic Street

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Beds

Baths

Sqft

Year

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

Welcome to this fabulous triplex in the heart of Deep Southend Halifax peninsula! Ideally located minutes from Point Pleasant Park (18 hectares of Halifax Harbour), Saint Mary's University, The Sacred Heart, HGS.. Easy walking distance to CBD, Dalhousie, NSCAD and hospitals. The main floor is a gracious Edwardian two-bedroom unit consisting of spacious living room with sliding wooden doors opening to a separate dining room with gas fireplace. Lovely hardwood floors, cove moldings, beautiful natural light throughout. spacious eat-in kitchen opening to private deck with access to parking area. Smart updated efficient 3-piece bath with new window, access to lower-level laundry for this unit only, hot water furnace 2012 and inside oil tank 2016 for main unit. The space could easily be developed for greater space for main unit or possible 4th unit with exterior access from the present back window area. There is a lovely interior hardwood staircase to the upper two apartments. Welcome to the upper missile unit, a spacious unit with a sunny living room and cove mouldings! This unit is carpeted with lovely tile in the kitchen. There is a large bedroom and a smaller one or home office. This unit's bath (3 pc + water closet) facilities have been professionally renovated with new window. There is a smaller eat-in kitchen, bright & sunny for that morning tea. opening to the most wonderful large, private second floor deck set amongst the mature trees! Ideal place to escape from the world. There is exterior access from this upper unit and to tenant parking at the back. To top it off... welcome to The Treehouse! A spacious funky bedsitting room set amongst the treetops, with raised sleeping area and loads of storage underneath. Well designed with open kitchen area, carpeted throughout with cathedral ceiling and ceiling fan. The efficient kitchen area opens to exterior backstairs and small sitting area, great for that morning tea. Parking area at thew back is off MacLean Street. (id:65958)

Subtype
Multi-family
Structure
Triplex
Community
Halifax
Common interest
Freehold
Lot size
0.08 acres
Lot dimensions
0.0803
On market
Oct 27, 2025
Status changed
Apr 21, 2026
Photos
38
MLS#
202526647
Area
HALIFAX

Features and systems

Parking

Paved YardParking Space(s)

Basement

UnfinishedFull

Appliances

WasherDryer - ElectricRefrigeratorStove

Exterior

Wood shingles

Flooring

HardwoodLaminateCarpetedEngineered hardwoodPorcelain Tile

Foundation

Concrete Perimeter

Lot

Balcony

Community

School Bus
Negative cash flow ~$1,430/mo at these assumptions

Cash on cash

-6.41%

Cap rate

3.58%

GRM

16.7

Break-even rent

$8,205

Financing

Down payment$267,800
Loan amount$1,071,200
Mortgage$5,428/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$614
Insurance$80
Maintenance$1,116
CapEx reserve$558
Vacancy loss$335

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 $5,428/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.

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