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Investment signal

$419,000

404 Granville St., Port Hawkesbury, NS, B9A 2M7

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Location

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About this home

Welcome to 404 Granville Street in Port Hawkesbury. A solid investment opportunity in a prime, walkable location. This well maintained four unit apartment building features a desirable unit mix of two spacious 2 bedroom units and two comfortable 1 bedroom units, appealing to a wide range of tenants. Ideally situated within walking distance to shopping, schools, restaurants, and all local amenities, this property offers convenience and strong rental appeal. Each unit is separately metered, with tenants responsible for their own heat and electricity, helping to keep operating costs low for the owner. Whether youre looking to expand your portfolio or get started in multi unit investing, this property offers steady income potential in a high demand area. Dont miss your chance to own a turnkey rental in the heart of Port Hawkesbury! (id:65958)

Subtype: Multi-family
Structure: Fourplex
Community: Port Hawkesbury
Common interest: Freehold
Lot size: 0.08 acres
Lot dimensions: 0.0789
On market: Apr 14, 2026
Status changed: Apr 15, 2026
Photos: 5
MLS#: 202607313
Area: PORT_HAWKESBURY

Features and systems

Parking

Parking Space(s)

Basement

None

Appliances

RefrigeratorStove

Exterior

Vinyl

Flooring

LaminateVinyl

Foundation

Concrete Slab

Community

School BusRecreational Facilities

Negative cash flow ~$572/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-8.19%

Cap rate

4.25%

GRM

14.5

Break-even rent

$3,002

Financing

Down payment$83,800

Loan amount$335,200

Mortgage$2,056/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$192

Insurance$80

Maintenance$349

CapEx reserve$175

Vacancy loss$120

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Port Hawkesbury. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $2,056/mo at 5.49% with 20% down, 25-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 15, 2026.