Our Office Listings

5106 Highway 7
31-Lawrencetown, Lake Echo, Port Porters Lake B3E 1J3

$559,900
Multi-Family built: 1964

Main Photo: 5106 Highway 7 in Porters Lake: 31-Lawrencetown, Lake Echo, Port Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202402600
Photo 1: 5106 Highway 7 in Porters Lake: 31-Lawrencetown, Lake Echo, Port Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202402600
Photo 2: 5106 Highway 7 in Porters Lake: 31-Lawrencetown, Lake Echo, Port Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202402600
Photo 3: 5106 Highway 7 in Porters Lake: 31-Lawrencetown, Lake Echo, Port Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202402600
Photo 4: 5106 Highway 7 in Porters Lake: 31-Lawrencetown, Lake Echo, Port Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202402600
Photo 5: 5106 Highway 7 in Porters Lake: 31-Lawrencetown, Lake Echo, Port Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202402600
Photo 6: 5106 Highway 7 in Porters Lake: 31-Lawrencetown, Lake Echo, Port Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202402600
Photo 7: 5106 Highway 7 in Porters Lake: 31-Lawrencetown, Lake Echo, Port Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202402600
Photo 8: 5106 Highway 7 in Porters Lake: 31-Lawrencetown, Lake Echo, Port Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202402600
Photo 9: 5106 Highway 7 in Porters Lake: 31-Lawrencetown, Lake Echo, Port Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202402600
Photo 10: 5106 Highway 7 in Porters Lake: 31-Lawrencetown, Lake Echo, Port Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202402600
Photo 11: 5106 Highway 7 in Porters Lake: 31-Lawrencetown, Lake Echo, Port Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202402600
Photo 12: 5106 Highway 7 in Porters Lake: 31-Lawrencetown, Lake Echo, Port Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202402600
Photo 13: 5106 Highway 7 in Porters Lake: 31-Lawrencetown, Lake Echo, Port Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202402600
Photo 14: 5106 Highway 7 in Porters Lake: 31-Lawrencetown, Lake Echo, Port Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202402600
Photo 15: 5106 Highway 7 in Porters Lake: 31-Lawrencetown, Lake Echo, Port Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202402600
Photo 16: 5106 Highway 7 in Porters Lake: 31-Lawrencetown, Lake Echo, Port Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202402600
Photo 17: 5106 Highway 7 in Porters Lake: 31-Lawrencetown, Lake Echo, Port Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202402600
Photo 18: 5106 Highway 7 in Porters Lake: 31-Lawrencetown, Lake Echo, Port Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202402600
Photo 19: 5106 Highway 7 in Porters Lake: 31-Lawrencetown, Lake Echo, Port Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202402600
Photo 20: 5106 Highway 7 in Porters Lake: 31-Lawrencetown, Lake Echo, Port Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202402600
Photo 21: 5106 Highway 7 in Porters Lake: 31-Lawrencetown, Lake Echo, Port Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202402600
Photo 22: 5106 Highway 7 in Porters Lake: 31-Lawrencetown, Lake Echo, Port Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202402600
Photo 23: 5106 Highway 7 in Porters Lake: 31-Lawrencetown, Lake Echo, Port Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202402600
Photo 24: 5106 Highway 7 in Porters Lake: 31-Lawrencetown, Lake Echo, Port Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202402600
Photo 25: 5106 Highway 7 in Porters Lake: 31-Lawrencetown, Lake Echo, Port Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202402600
Photo 26: 5106 Highway 7 in Porters Lake: 31-Lawrencetown, Lake Echo, Port Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202402600
Photo 27: 5106 Highway 7 in Porters Lake: 31-Lawrencetown, Lake Echo, Port Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202402600
Photo 28: 5106 Highway 7 in Porters Lake: 31-Lawrencetown, Lake Echo, Port Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202402600
Photo 29: 5106 Highway 7 in Porters Lake: 31-Lawrencetown, Lake Echo, Port Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202402600
Photo 30: 5106 Highway 7 in Porters Lake: 31-Lawrencetown, Lake Echo, Port Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202402600
Photo 31: 5106 Highway 7 in Porters Lake: 31-Lawrencetown, Lake Echo, Port Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202402600
Photo 32: 5106 Highway 7 in Porters Lake: 31-Lawrencetown, Lake Echo, Port Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202402600
Photo 33: 5106 Highway 7 in Porters Lake: 31-Lawrencetown, Lake Echo, Port Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202402600
Photo 34: 5106 Highway 7 in Porters Lake: 31-Lawrencetown, Lake Echo, Port Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202402600
Photo 35: 5106 Highway 7 in Porters Lake: 31-Lawrencetown, Lake Echo, Port Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202402600
Photo 36: 5106 Highway 7 in Porters Lake: 31-Lawrencetown, Lake Echo, Port Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202402600
Photo 37: 5106 Highway 7 in Porters Lake: 31-Lawrencetown, Lake Echo, Port Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202402600
Photo 38: 5106 Highway 7 in Porters Lake: 31-Lawrencetown, Lake Echo, Port Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202402600
Photo 39: 5106 Highway 7 in Porters Lake: 31-Lawrencetown, Lake Echo, Port Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202402600
Photo 40: 5106 Highway 7 in Porters Lake: 31-Lawrencetown, Lake Echo, Port Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202402600
Photo 41: 5106 Highway 7 in Porters Lake: 31-Lawrencetown, Lake Echo, Port Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202402600
Status:
Pending
Prop. Type:
Multi-Family
MLS® Num:
202402600
Year Built:
1964
Welcome to 5106 Highway 7 in Porters Lake — a prime investment opportunity! Finding an income property with positive cash flow in today's market can be challenging, but this property offers a rare chance to generate passive income. Conveniently located just off exit 20, in the heart of Porters Lake's shopping and business district, this property boasts easy access to amenities and schools within walking distance. This property can also be good for first time home buyers looking to secure a property now and move in later in either one of the 2 units with the other one helping paying their mortgage. This property features a well-maintained 2-bedroom unit upstairs and a separate 1-bedroom unit downstairs, each with its own laundry and entrance. Recent renovations/upgrades, including a new roof, new siding, new insulation, heat pump system, new windows all around, brand new apartment downstairs and more since 2022, ensure both comfort and value. The sale of this property is conditional to the seller remaining as a tenant for a minimum of one year after closing on a fixed term lease which would start on closing along with the lower unit's tenants committing to a two-year fixed term lease. The lower unit's rent remains at $1850/month, all-inclusive, while negotiations are open for the upstairs unit, either all-inclusive or priced per month plus utilities.All inclusive rent would be $1950/month. Contact me for more information and book your showings now!!
Listing Sub-Area:
31-Lawrencetown, Lake Echo, Port
Property Type:
Multi-Family
Multi-Family Type:
Duplex
Title To Land:
Freehold
Building Dimenions:
26x36
Lot Size:
0.794 acre(s)
Prop Size:
0.5 to 0.99 Acres
# of Rental Units / Occupied:
2
Year built:
1964 (Age: 60)
Age:
60
Exterior Finish:
Vinyl, Wood Siding
Foundation:
Concrete
Basement:
Fully Developed, Full, Walkout
Floor Finish:
Ceramic, Hardwood, Laminate, Vinyl
Roof:
Asphalt Shingle
Heating:
Forced Air, Heat Pump -Ducted
Fuel:
Electric
Driveway:
Gravel, Parking Spaces(s)
Water Supply:
Dug
Sewer:
Septic
Num Units:
2
Num 1 Bed Units:
1
Num 2 Bed Units:
2
Rental Income:
Yes
Balcony
Park, Playground, Public Transit, School Bus Service, Shopping, Place of Worship, Beach
Oven, Dishwasher, Dryer, Washer, Refrigerator
None
Deck, Shed
No
Access: Lake
Zoning:
RE
Possession Info:
NEG
Listed Date:
Feb 13, 2024
Days on Mkt:
13
  • Photo 1: 5106 Highway 7 in Porters Lake: 31-Lawrencetown, Lake Echo, Port Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202402600
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Virtual Tour

Data was last updated February 26, 2024 at 03:20 AM (UTC)
Area Statistics
Listings on market:
48
Avg list price:
$1,111,500
Min list price:
$250,000
Max list price:
$5,950,000
Avg days on market:
41
Min days on market:
3
Max days on market:
439
These statistics are generated based on the current listing's property type and located in Halifax-Dartmouth. Average values are derived using median calculations.
Samir Loukhaila, REALTOR®