SALE 2150 WINDSOR STREET HALIFAX, NOVA SCOTIA FOR COMMERCIAL / INVESTMENT PROPERTY 4,800 SF A DIVISION OF KELLER WILLIAMS SELECT REALTY

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1 FOR SALE COMMERCIAL / INVESTMENT PROPERTY 4,800 SF A DIVISION OF KELLER WILLIAMS SELECT REALTY MAT HOUSTON Real Estate Advisor mathouston@kwcommercial.com TOM GERARD, CCIM, SIOR Real Estate Advisor tomgerard@kwcommercial.com KW COMMERCIAL ADVISORS Young Tower, Suite Young Street Halifax, NS B3K 5L2

2 EXECUTIVE SUMMARY Civic Address 2150 Windsor Street, Halifax, NS PID # Property Type Construction Style Age Building Size Lot Size Zoning Municipal Services Assessed Value Assessed Owner Income Mixed Use Commercial / Apartment 2 Storey Wood Framed ~ 60 Years Old GLA Approximately 4,800 sq. ft. Ground Floor 2,400 square feet (Vacant upon sale) Second Level 3 separate apartment units. 2 x 2 BDRM & 1 x 1 BDRM 3,200 square feet C-2A (Minor Commercial Zone) Municipal water & sewer $429,300 (2015 Residential Taxable) $128,200 (2015 Commercial Taxable) NOVA SCOTIA LIMITED Please contact agent for current income information List Price $759,000 $ psf 2

3 AREA OVERVIEW The subject property is located on the corner of Lawrence St. and Windsor St in the West End of the Halifax peninsula. The property is located in a small commercial corridor a long Windsor St. nestled in the middle of a residential community. North of the property is the Windsor Street/Cunard Street intersection which is widely used as a thoroughfare for commuters between downtown Halifax and the west end of the city. Just a few blocks south is the Quinpool Road district which is predominantly commercial containing a mix of retail and office buildings aligning both sides of the street. There are also many high density apartment complexes located to the southeast of the subject property. However, in general the areas to the north, east and west are mainly low-density residential in nature and are comprised of single family dwellings with some two family and smaller multi-family buildings. 3

4 AREA OVERVIEW 4

5 SITE SPECIFICATIONS Lot Size Zoning 3,200 square feet C-2A (Minor Commercial Zone Quinpool) Site Gradient Flat, irregular shaped lot Municipal services Water, electricity, sewer, telephone Assessed Value Site Dimensions Site Improvements $429,300 (2015 Residential Taxable) $128,200 (2015 Commercial Taxable) The parcel is irregular in shape and has the following dimensions: - Lawrence St. Frontage: 64 ft - Western Boundary: 59 ft - Windsor St. Frontage: 59 ft - Northern Boundary: 41 ft Majority of lot is occupied by building 5

6 EXTERIOR VIEWS Windsor St. 6

7 Windsor Street FLOOR PLAN GROUND FLOOR ~2,400 square feet of ground floor retail space * Space can be demised into 2 smaller units Lawrence Street 7

8 BUILDING OVERVIEW Type Building Size Current Use Exterior Roof type Age Mixed use Commercial / Investment Property Ground Floor : 2,400 sf Second Floor : 2,400 sf Apartment 1: 2 Bedroom Apartment 2: 2 Bedroom Apartment 3: 2 Bedroom GLA : 4,800 square feet Square footages are approximate Ground floor commercial can be demised into 2 separate units Ground floor commercial with second level apartments Wood and vinyl siding Pitched shingle roof Approximately 60 years Heating & Cooling Fuel Type Forced Air Hot Water Electric Oil Property Features Located on the Halifax Peninsula Visible corner lot Income in place from apartment rentals Amenities in close proximity Public transit available Close to large student population with a demand for apartment rentals Ground floor commercial can be demised into 2 separate units 8

9 ZONING C-2A (Minor Commercial Zone) The following uses are permitted in a C-2A Zone: (a) all R-1, R-2, R-2T and C-1 uses; (b) stores for the purpose of retail trade and rental excluding: (i) motor vehicle dealers; (ii) motor vehicle repair shops which such shops are not primarily engaged in providing service station facilities; and (iii) adult entertainment uses (c) radio, television and electrical appliance repair shops; (d) watch and jewellery repair shops; (e) a store for the purpose of personal service including shoe repair shops, barber and beauty shops, dry cleaners, funeral services, and excepting massage parlours and adult entertainment uses and amusement centres; (f) bowling alley; (g) a motion picture theatre; (h) a service station; (i) offices; (j) a bank and other financial institutions; (k) a restaurant; (l) community facilities; (la) billboards not to exceed twenty-eight square meters (28m2) in area and not to extend more than eight meters (8m) above the mean grade on which it is situated provided that no billboard shall be erected in the Peninsula North Area; (lb) commercial recreation uses; (lc) day care facility; (RC-Mar 3/09;E-Mar 21/09) (m) any use accessory to any of the foregoing uses. Height: The height of any building in a C-2A Zone shall not exceed 35 feet. For additional information, see the Halifax Regional Municipality Land Use By-Law for Halifax Peninsula. 9

10 CONTACT INFORMATION MAT HOUSTON, BA, ULE Real Estate Advisor TOM GERARD, CCIM, SIOR Real Estate Advisor KW COMMERCIAL ADVISORS Young Tower, Suite Young Street Halifax, NS B3K 5L2 10

11 LIMITING CONDITIONS The information contained in this package was obtained from NOVA SCOTIA LIMITED and other sources deemed reliable. However, no representations, declarations or warranties are given or implied by Keller Williams Select Realty or NOVA SCOTIA LIMITED as to its accuracy or completeness and such information should not be relied upon by prospective purchasers without independent investigation and verification. This information package does not purport to be all-inclusive or to contain all of the information that a prospective purchaser may require in determining whether or not to purchase the property NOVA SCOTIA LIMITED and Keller Williams Select Realty expressly disclaim any and all liability for any errors or omissions in this package or any other oral or written communication transmitted or made available to prospective purchasers. This information package is for information and discussion purposes only and does not constitute an offer to sell or the solicitation of any offer to buy the property NOVA SCOTIA LIMITED and Keller Williams Select Realty undertake no obligations to provide the recipient with access to additional information NOVA SCOTIA LIMITED reserves the right to remove the offering from the market at any time and is under no obligation to respond to or accept any proposal or offer to purchase the property. 11