5551 Sullivan Street, Halifax, Nova Scotia, Canada. - Hero Image
5551
Sullivan Street
Halifax | Nova Scotia

Oceanic Island

Rare Opportunity

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Brenda Mackenzie
Brenda Mackenzie
Presented At
$799,900
Bedrooms
3
Bathrooms
2
Living
1,190
SQFT
High Ceiling
Open Kitchen
Office
Stone Countertops
Air Conditioning
Washer Dryer
Kitchen island
Bar
Basement
Terrace
Balcony
5551 Sullivan Street, Halifax, Nova Scotia, Canada. - Photo 1
5551 Sullivan Street, Halifax, Nova Scotia, Canada. - Photo 2
5551 Sullivan Street, Halifax, Nova Scotia, Canada. - Photo 3
5551 Sullivan Street, Halifax, Nova Scotia, Canada. - Photo 4
5551 Sullivan Street, Halifax, Nova Scotia, Canada. - Photo 5
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5551 Sullivan Street, Halifax, Nova Scotia, Canada. , Halifax , Nova Scotia

Impeccably Restored Century Home with Chic Modern Finishes

The classic craftsmanship of this 100 year old home has been perfectly maintained in this custom renovation. Timeless character blends seamlessly with modern comfort and every detail has been thoughtfully re-imagined
  • from the beautiful new open kitchen that features a butcher block island and chic brick backsplash to the beamed ceilings, antique bathroom vanities, original solid wood doors, and the many tasteful touches throughout. Effectively it is a new house with all new components
  • windows, floors, 200 amp electric panel and wiring, all new insulation and drywall, heat pump and electric baseboard heat, exterior doors, gutters, decks, and front siding.
The layout has been redesigned to include two upper bedrooms , each with its

Property

3D Street View Tour

Map showing 5551 Sullivan Street, Halifax, Nova Scotia, Canada.

Property Location

5551 Sullivan Street, Halifax, Nova Scotia, Canada., Halifax Nova Scotia

Local Weather & Climate

Halifax, Nova Scotia

Current Conditions Updated recently
25 °F
Overcast clouds
Feels Like 13°F
Humidity 76%
Wind 13 mph
Visibility 6.2 mi
Sunrise 11:02 AM
Sunset 9:53 PM
5-Day Forecast
Mon 23 Feb
Snow
High 32°
Low 25°
Tue 24 Feb
Snow
High 36°
Low 29°
Wed 25 Feb
Clouds
High 31°
Low 18°
Thu 26 Feb
Snow
High 35°
Low 30°
Fri 27 Feb
Snow
High 31°
Low 27°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Halifax?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

C$
%
C$100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.

Market Opinion

Our perspective on current market conditions in Halifax. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis
International luxury real estate typically appreciates steadily over time.
65
Buyer Score
Estimated regional appreciation: 4% annually
Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $79,990,000 20% down ($15,998,000)

Investment Perspective
$ $ $
$1 → $1.36
Every dollar invested today could become $1.36 in 10 years
$100 → 136 $1,000 → $1,362
+$6,874
$6,874/day
Your home may appreciate while you sleep
$48,247/week $209,070/mo $2,508,836/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$281K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential 8% advantage over stocks
RENT 💸 -$44.0M
vs
OWN 📈 +$62.4M
$62.4M Potential Equity
vs $44.0M lost to rent over 10 years
$16.0M Down Payment Growth
3.9x
10yr
$62.4M
8.1x
20yr
$129.3M
12.6x
30yr
$202.0M
Wealth Comparison
×481
Equivalent to 481 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $202.0M
Time to Double Your Investment (accounting for market cycles)
42.4
years
Conservative
1.65% effective/yr
15.3
years
Optimistic
4.62% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $94.2M +18%
Market $108.9M +36%
Optimistic $125.7M +57%
$62.4M est. equity
20 Years
Conservative $110.9M +39%
Market $148.3M +85%
Optimistic $197.5M +147%
$129.3M est. equity
30 Years
Conservative $130.7M +63%
Market $202.0M +153%
Optimistic $310.4M +288%
$202.0M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

This house at 5551 Sullivan Street, Halifax, Nova Scotia, Canada features 3 bedrooms with 1,190 square feet of living space.
This property offers 1,190 square feet of living space.
This property is listed at $79,990,000, which equals $67218 per square foot.
Based on current market indicators, Halifax shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.
This is a house located in Halifax, Nova Scotia. The property is situated in an established neighborhood with convenient access to local amenities and services.
Brenda Mackenzie

Brenda Mackenzie

Engel & Völkers Nova Scotia Halifax

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