$ 2,145,000

224-238 Gabriel Road, Falmouth

Exceptional Duplex Rental Portfolio - Introducing a premier 8-unit rental portfolio on desirable Gabriel Road in Falmouth. The package consists of 4 PIDs, each with a quality-built detached duplex featuring a spacious 3-bed, 1-bath upper unit paired with a versatile 2-bed+den, 1-bath lower unit. Thoughtfully-designed, functional layouts offer private entries, ample parking, and inviting outdoor spaces including front and rear decks.  The interiors showcase beautiful finishes throughout, large eat-in kitchens, open living spaces and expansive windows that provide abundant natural light. Practical touches include large bathrooms with laundry and over-sized utility closets for extra storage.  The naturally sloping lot allows for full walk-outs that keep the lower units bright and airy year-round.  Duplex living consistently attracts high-quality tenants and families drawn to the privacy, yard space and convenience over larger apartment complexes.  Proximity to excellent schools, local shopping, groceries, cafes and essential services ensures everyday convenience, along with easy access to the local sports complex and hospital in Windsor. Quick highway access also makes Halifax a manageable commute, broadening the appeal for stable tenant acquisition for years to come. These properties are professionally managed and meticulously maintained, providing a turn-key income-producing asset with quality tenants on a mix of fixed-term and month-to-month leases. Plus, the contiguous nature of this portfolio delivers powerful economies of scale, reducing property management costs, maintenance logistics and landscaping expenses compared to scattered holdings.   Properties of this nature and calibre rarely become available. This is an ideal acquisition for investors seeking a substantial multi-family portfolio in a single transaction all with the long-term flexibility of multiple PIDs. (id:1945)
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Property details for 224-238 Gabriel Road, Falmouth

Type
Multi-family
Lot Size
1.3426
Parking
Gravel
Heating
Baseboard heaters, Electric
Exterior
Vinyl
Ownership
Freehold

Nearby Listings Stat

Estimated price and comparable properties near 224-238 Gabriel Road

Active Listings
14
Min Price
$360,000
Max Price
$2,145,000
Avg Price
$695,607
Days on Market
76
days
Sold Listings
6
Min Sold Price
$549,900
Max Sold Price
$619,900
Avg Sold Price
$590,767
Days until Sold
120
days

Neighbourhood Census Data

West Hants, Nova Scotia / Nouvelle-Écosse

Population
685
Median Age
49.9
Median Income
$29,888
Dwelling Value
$200,369

Housing Tenure

Owners 90%
Renters 10%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.3
Pop. Density: 95.6/km²
Avg Shelter Cost: $914/mo
Owners with Mortgage: 45.3%
Owners Spending 30%+: 18.5%
Tenants Spending 30%+: 60%
English only: 95.6%
English and French: 5.1%
Median Household Income: $58,048
Median Employment Income: $28,480

Price History

Listed
July 31, 2026
by Engel & Volkers (Wolfville)
Current Price
$2,145,000
Type
Multi-family
For Sale
224-238 Gabriel Road

Contact Agent Get in touch about 224-238 Gabriel Road, Falmouth

Christine Brennan
Engel & Volkers (Wolfville)

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