37 Martin Lake Drive, Lake Echo, NS (MLS® 202616349): RARE OPPORTUNITY. Investment opportunities like this are seldom available in Lake Echo. One of the few four-unit apartment buildings in the area, this fully occupied property offers immediate rental income with a 5.1% cap rate in a market where demand for quality rental housing remains strong. The well-maintained building features four two-bedroom apartments, a common laundry room, well and septic, and a newly constructed four-unit storage building (2025), adding both tenant convenience and long-term value. With happy, established tenants already in place, investors can step into a stable, income-producing asset from day one. Located in one of the Halifax area's most sought-after bedroom communities, Lake Echo continues to attract families and professionals seeking a quieter, cottage-country lifestyle within commuting distance of the city. Its combination of natural surroundings with lakes and outdoor activities, public transit, nearby amenities, and easy access to downtown Halifax and the airport supports strong tenant demand, helping minimize vacancy risk and making this a compelling addition to any investment portfolio. Full financials and list of upgrades and maintenance since 2022 available.
Nas has been a licensed REALTOR® since 2003. Nas enjoys the challenge of matching people to their dream homes.
Directions to 37 Martin Lake Drive, Lake Echo, NS (MLS® 202616349): Highway 107 to exit 18, right on xxx, left on Martin Lake Drive, property is on the right.
Included with the sale of 37 Martin Lake Drive, Lake Echo, NS (MLS® 202616349): 4 fridges, 4 stoves, 1 commercial washing machine, 1 commercial dryer, lawn mower, salt spreader
| Type | Name |
|---|---|
| Elementary School | Bell Park Academic Centre |
| Middle School | Graham Creighton Junior High School |
| High School | Auburn Drive High School |