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Exceptional Property

220 Melrose Avenue, Halifax

$549,000
4 + 1 Bedrooms
2 Bathrooms
1945 sqft

Property Highlights

Distinctive Features That Set This Property Apart

Property Type

Single Family

Style

House

Year Built

1964

Square Footage

1945 square feet

Bedrooms

4 + 1 Bedrooms

Bathrooms

2 Bathrooms

Distinguished Features

Property Overview

A Closer Look at This Distinguished Residence

Welcome to 220 Melrose Family Home with ample space for the whole family. Located on a large 10,080 sq. ft. treed lot, this property offers curb appeal, and good bones. The west-facing backyard offers plenty of space for kids, pets, and barbecues. The main level offers four spacious bedrooms, an inviting living room with a bay window and wood-burn...

MLS Number

202520520

Listed By

RE/MAX Nova

Last Updated

Nov 4, 2025, 6:55 p.m.

Data Source

CREA

All information provided is deemed reliable but is not guaranteed and should be independently verified.
Agent's Insight

Property Specifications

Comprehensive Details of This Fine Residence

Property Specifications

Property Type
Single Family
Architectural Style
House
Year Built
1964
Square Footage
1945

Interior Features

Flooring
Hardwood, Laminate, Carpeted

Exterior & Surroundings

Exterior Construction
Wood shingles
Foundation
Poured Concrete

Additional Amenities

Refrigerator, Range - Electric, Dishwasher, Microwave

Information deemed reliable but not guaranteed. Buyers should verify all property details.

Property Provenance

Historical Timeline of This Distinguished Address

Property Timeline

Historical transactions and listing information

Property image
45
New
MLS# 202520520
List Date
Aug 14, 2025, 12:50 p.m.
List Price
$549,000
Property Type
Sale
Bedrooms
4
Bathrooms
2

Financial Planning

Tools to Help You Plan Your Investment

Mortgage Financing Calculator

Calculate your monthly mortgage payments and visualize your investment over time.

$
300,000
$
20%
% p.a.

Monthly Payment

$0
Per Month
Mortgage Details
Loan Amount
$240,000
Total Interest
$0
Total Payments
$0
Loan-to-Value Ratio
80%
Total Number of Payments
360
Financial Insight

Your 20%+ down payment typically eliminates the need for private mortgage insurance, potentially saving you thousands over the life of your loan.

This calculator provides an estimate only. Your actual mortgage terms may vary based on credit history, lender requirements, and other factors.

Investment Cash Flow Analysis

Analyze your property's financial performance by tracking income and expenses to calculate net cash flow.

Total Income
$4,300/monthly
2 income sources
Total Expenses
$2,530/monthly
3 expense items
Net Cash Flow
$1,770/monthly
Positive investment return

Cash Flow Analysis

This property generates a positive cash flow of $1,770 per monthly. Consider reinvesting this surplus to enhance property value, build reserves for maintenance, or diversify your investment portfolio.

Income Sources

Rental Income
monthly
$3,500
Investment Returns
monthly
$800
Add New Income
$

Expense Items

Mortgage
monthly
$1,800
Property Tax
monthly
$450
Property Management
monthly
$280
Add New Expense
$
This calculator provides an estimate only. Actual investment returns may vary based on market conditions and unforeseen expenses.

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