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Legal suite

$1,345,000

8 & 10 Sailboat Lane

Save this home

Beds

5

Baths

4

Sqft

Year

2010

Type

Single Family

Suite

Legal suite

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

Perched above the North West Arm in a quiet pocket off Purcells Cove Road, this extensively renovated home offers the rare combination of modern construction, water views, and a legal secondary suite. Built in 2010, this beautifully updated home pairs modern construction with a private oasis in the backyard and of course, exceptional flexibility. Extensively renovated over the past five years, the main level features new tile flooring, updated lighting and fixtures throughout, and a renovated kitchen complete with quartz countertops, new appliances, updated hardware, and a modern sink and faucet. The open-concept layout is bright and inviting, designed for both everyday living and entertaining. Upstairs, two of the three bedrooms offer private ensuites - a highly desirable layout for families or guests. All bathrooms have been refreshed with quartz countertops, new sinks, faucets, mirrors, hardware, toilets, and tile flooring, creating cohesive, contemporary spaces! The legal secondary suite includes its own kitchen, appliances, and laundry, offering excellent income potential, extended family living, or a private workspace. Outdoor living is equally impressive. A composite deck and hot tub overlook a very private backyard, while recent exterior improvements include new front with glass railings and side concrete stairs, excavation and regrading, a new retaining wall, and upgraded hardscaping that enhances both curb appeal and durability. Major upgrades also include a heat pump (2024), electric furnace (2024), air exchanger (2021), and hot water tank (2021). Move-in ready, thoughtfully renovated, and rarely available with views like this this is a standout opportunity in one of Halifaxs most sought-after coastal neighbourhoods. (id:65958)

Subtype
Single Family
Architectural style
2 Level
Structure
House
Community
Halifax
Common interest
Freehold
Living area
3,276 square feet
Lot size
0.18 acres
Lot dimensions
0.1837
Bedrooms
3 above grade, 2 below grade
Stories
2
Fireplace
Yes
On market
Feb 11, 2026
Status changed
Apr 20, 2026
Photos
50
MLS#
202602579
Area
HALIFAX

Features and systems

Parking

Parking Space(s)Concrete

Appliances

WasherRefrigeratorHot TubRangeDryer

Exterior

BrickVinyl

Flooring

HardwoodLaminateEngineered hardwoodCeramic TileVinylVinyl Plank

Foundation

Poured Concrete

Community

School BusRecreational Facilities

View

View of water
Negative cash flow ~$158/mo at these assumptions

Cash on cash

-0.71%

Cap rate

4.72%

GRM

13.9

Break-even rent

$8,242

Financing

Down payment$269,000
Loan amount$1,076,000
Mortgage$5,452/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$616
Insurance$80
Maintenance$1,121
CapEx reserve$560
Vacancy loss$404

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 $5,452/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 20, 2026.

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