432 Herring Cove Road
Property Description
432 Herring Cove Road presents investors with a rare opportunity to acquire a newly built, Class A multifamily asset in one of Halifax’s most dynamic residential districts. Completed in 2023, this four‑storey, wood‑frame apartment building comprises 32 bachelor to two-bedroom units and underground parking, offering a streamlined investment ideally positioned for long‑term value creation. The property is currently operating at 100% occupancy, showcasing both its desirability and the strong underlying rental demand in the surrounding market. Designed for contemporary living, the building features high‑quality construction and finishes that appeal to a broad tenant base, supported by amenities such as in‑suite laundry, modern layouts, efficient heating and cooling systems, and secure building access. Situated along the established Herring Cove Road corridor in the Spryfield community, the property offers excellent convenience and connectivity. The location benefits from nearby commuter routes and public transit services, ensuring strong accessibility throughout the Halifax Regional Municipality. Surrounding amenities, including grocery stores, retail shops, dining options and professional services, enhance daily convenience for tenants. The area is also enriched by natural recreational destinations such as McIntosh Run Trails and Long Lake Provincial Park, contributing to its enduring residential appeal. Halifax continues to attract residents due to its strong economic profile and high quality of life, supported by sectors such as finance, government services, education, and healthcare. As the provincial capital and home to more than two‑fifths of Nova Scotia’s population, Halifax remains a resilient and steadily growing urban centre with deep rental demand fundamentals
Broker Details
Avison Young - CA - NS - Halifax 902 229 6179
Broker Details
Avison Young - CA - NS - Halifax 902-448-8988
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $9,950,000 |
| No. of Units: | 32 |
| Year Built: | 2023 |
| Lot Size: | 32,000.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $310,938 |
| Property Website | Click Here |
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout