$2,585,000
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1278 Queen Street, Halifax, NS B3J2H4

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Few properties in Halifax carry the presence of this 1880 Schmidtville residence. All four units total 5, 400 square feet. The main home is 3, 400 square feet across three graceful storeys and is presently occupied by the owners. Together, the three rental units generate $91k in annual gross rental income and $65k in annual net income. At an estimated 4.5%-5% cap rate, the rental component alone supports a valuation of roughly $1.3m to $1.45m This values the main unit between $1.15m and $1.3m at the list price - substantially below what a standalone home like this would be valued at, creating a large built-in discount. Alternatively, you can rent out the main unit. It was previously rented for $7, 050 monthly (Gross of $175k and net of $130k annually). There's potential to increase this in numerous ways. With 11-foot ceilings on the main floor the main residence commands its surroundings with the kind of architectural character that simply cannot be replicated today. A rooftop patio completes the picture, offering sweeping views over one of the city. The main residence offers five bedrooms and three bathrooms arranged across a classic Halifax layout, with generous room sizes, original character, and thoughtful recent renovations throughout. Step outside and the best of Halifax is on foot: Spring Garden Road a block away, the waterfront five minutes, the city's finest restaurants and boutiques within easy reach. Citadel High School is a fifteen-minute walk. Rarely does a historic home of this calibre come paired with income that essentially carries itself. Three fully self-contained rental units two behind the main house (a one-bedroom and a four-bedroom) and one at street level operate with complete separation from the primary residence. They require virtually no management and vacancy- when it occurs at all - it fills within days. Many upgrades and renovations have been completed over the past year. (id:58753)

Listing By: Kelly Reardon - Royal LePage Atlantic cncrea2 Realty.com
  • MLS® 202610661
  • Date Listed05/13/2026
  • Days on Realty 23 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 4,517 sq. ft
  • Sewer Public Sewer
  • Property Type Quadruplex
  • Year Built 1881
  • Water Public

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT 4,517.17
  • Lot Features Balcony

Directions

Spring Garden Road to Queen Street South

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for B3J2H4

Discover key demographics, population statistics, and environmental insights for the Halifax, NS area.

Walkability in NS / B3J2H4

Source: Walk Score

96/100

Walker's Paradise

Walk Score ®

68/100

Good Transit

Transit Score ®

64/100

Bikable

Bike Score ®

Overview

Daily errands do not require a car. Many nearby public transportation options. Some bike infrastructure.

Transit Summary

34 nearby routes: 33 bus, 1 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 50/100, Transit Score: 46/100, Bike Score: 46/100.

Points of Interest near 1278 Queen Street, Halifax, NS B3J2H4

Frequently Asked Questions for 1278 Queen Street

Source: Realty.com

1278 Queen Street, Halifax, NS B3J2H4 in Halifax, NS B3J2H4 is a quadruplex listed at $2,585,000. Highlights include built in 1881. Realty.ca has 48 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 48 photos of 1278 Queen Street.

Our records indicate that 1278 Queen Street was built in 1881.

The full address for this home is 1278 Queen Street, Halifax, NS B3J2H4.

1278 Queen Street has been listed on Realty.com since Wed May 13, 2026

Daily errands do not require a car. Many nearby public transportation options. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 50/100, Transit Score: 46/100, Bike Score: 46/100.

Listing provided courtesy of: Royal LePage Atlantic
Listing agent: Kelly Reardon

This content last refreshed on 2026-06-05 14:17:46. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.