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Cordwood & Penwood Lane
21-Kingswood, Haliburton Hills, Hammonds Pl.
Upper Hammonds Plains
B4B 2H9
$4,500,000
Multi-Family
built: 2023
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- 202609105
- Year Built:
- 2023
- Photos (47)
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Rare opportunity to acquire two newly built six-unit bungalow townhouse buildings, offering a total of 12 modern residential units designed for long-term rental appeal, low-maintenance ownership, and strong tenant demand. Less than five years old, these slab-on-grade buildings provide investors with the confidence of newer construction, efficient systems, and a highly marketable unit mix. Each unit features a bright and functional bungalow-style layout with 2 bedrooms, 2 full bathrooms, an attached garage, stainless steel appliances, stone countertops, and a ductless heat pump providing efficient heating and cooling year-round. The single-level design appeals to a wide range of tenants, including downsizers, professionals, small families, and those seeking accessible, low-maintenance living. With modern finishes, private garages, and individual townhouse-style entrances, this offering stands apart from traditional apartment-style rentals. The combination of newer construction, desirable layouts, and durable finishes helps support tenant retention while reducing the capital improvement concerns often associated with older multi-unit assets. Purpose-built for today’s rental market, this is an excellent opportunity for investors seeking a stabilized, turnkey multi-residential asset with strong curb appeal, efficient operation, and long-term income potential. Units are currently at 100 percent occupancy! **Option for mortgage assumption or share sale to save on fees and streamline the process!
- From Hammonds Plains Rd take turn to Pockwock Rd then take left to Cordwood Lane.
- Listing Sub-Area:
- 21-Kingswood, Haliburton Hills, Hammonds Pl.
- Property Type:
- Multi-Family
- Multi-Family Type:
- 9 - 12 Unit
- Title To Land:
- Freehold
- Building Dimenions:
- 178 x 55 + 178 x 55
- Lot Size:
- 2.65 acre(s)1.07 hectare(s)
- Prop Size:
- 3 to 9.99 Acres
- Commercial / Retail Space:
- No
- # of Rental Units / Occupied:
- 12
- Year built:
- 2023 (Age: 3)
- Age:
- 3
- # Floors:
- 1
- Exterior Finish:
- Vinyl
- Foundation:
- Slab
- Basement:
- None
- Floor Finish:
- Laminate
- Roof:
- Asphalt Shingle
- Heating:
- Baseboard, Heat Pump -Ductless
- Fuel:
- Electric
- Garage Description:
- Single and attached garage for each unit.
- Parking:
- Yes
- Parking Description:
- Mutiple spots
- Driveway:
- Gravel
- Water Supply:
- Municipal
- Water And Sewage:
- 2,719.81
- Sewer:
- Septic
- Num Units:
- 12
- Num Bachelor Units:
- 0
- Num 1 Bed Units:
- 0
- Num 2 Bed Units:
- 12
- Num 3 Bed Units:
- 0
- Num 4 Bed Units:
- 0
- # Of Dishwashers:
- 12
- # Of Dryers:
- 12
- # Of Fridges:
- 12
- # Of Microwaves:
- 12
- # Of Stoves:
- 12
- # Of Washers:
- 12
- Rental Income:
- Yes, 304,886.61
- Laundry Income:
- 0
- Other Income:
- 0
- Approx. Net Income:
- 221,277.03
- Insurance Expense:
- 12,938.00
- Taxes Costs:
- 37,909.53
- Other Costs:
- 0
- Maintenace:
- 15244.33
- Management expense:
- 0
- Snow / Garbage Collection:
- 12,900.00
- Heating Bill:
- 0
- Electricity Bill:
- 1,897.91
- Approx. Total Expense:
- 83,609.58
- Approx. Total Income:
- 304,886.61
- Laundry, Wheelchair Access
- Golf Course, Park, Playground, Place of Worship
- Stove, Dishwasher, Dryer, Washer, Microwave, Refrigerator
- None
- None
- No
- 10 Cordwood Lane Lot 1-C & 12 Penwood Lane Lot 1-B Upper Hammonds Plains
- Zoning:
- GU-1
- Possession Info:
- Negotiable
- Elementary School:
- Hammonds Plains Consolidated Ele
- High School:
- Charles P Allen High School
- Middle School:
- Madeline Symonds Middle School
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Listed by Coldwell Banker Maritime Realty
Data was last updated May 3, 2026 at 07:20 PM (UTC)
Area Statistics
- Listings on market:
- 105
- Avg list price:
- $839,900
- Min list price:
- $275,000
- Max list price:
- $4,500,000
- Avg days on market:
- 38
- Min days on market:
- 1
- Max days on market:
- 559
These statistics are generated based on the current listing's property type
and located in
Halifax-Dartmouth. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- JF MACIVOR
- PROPERTIES & APPRAISALS LTD
- 1 (902) 755-4250
- Contact by Email


