1531 lemarchant Street, Halifax, Nova Scotia B3H 3R2
$1,449,000
- 9 bedrooms
- 6 bathrooms
- 3,437 Square Feet
Prime investment opportunity in the heart of Halifaxs university neighbourhood! Located in the Dalhousie campus area, 1531 LeMarchant Street offers 9 bedrooms and 6 bathrooms on a combined 4,121 sq. ft. lot (3,779 + 342 sq. ft.). With university facilities at your doorstep and hospitals, cafés, restaurants and shopping nearby, this South End location offers everyday convenience and easy access to downtown Halifax. Well maintained and in great condition, the property features a new roof installed in 2025 and a heat pump installed in 2026. Living accommodation spans three above-ground floors and the basement, which has a separate entrance and its own ... read more
Prime investment opportunity in the heart of Halifaxs university neighbourhood! Located in the Dalhousie campus area, 1531 LeMarchant Street offers 9 bedrooms and 6 bathrooms on a combined 4,121 sq. ft. lot (3,779 + 342 sq. ft.). With university facilities at your doorstep and hospitals, cafés, restaurants and shopping nearby, this South End location offers everyday convenience and easy access to downtown Halifax. Well maintained and in great condition, the property features a new roof installed in 2025 and a heat pump installed in 2026. Living accommodation spans three above-ground floors and the basement, which has a separate entrance and its own electricity meter. Based on the supplied rent schedule, projected gross rental income at full occupancy is $8,190 per month, or $98,280 annually, including $750 per month for the currently vacant room. Combining recent improvements, substantial rental accommodation and a central location close to campus, this property is an attractive opportunity for investors seeking to establish or expand their Halifax rental portfolio. (id:39198)
- Listing ID: 202624036
- Property Type: Single Family
- Year Built: 1920
| Property | |
|---|---|
| Style: | 3 Level |
| Ownership: | Freehold |
| Lot Size: | 0.0946 Ac Landscaped |
| Parking: | Interlocked |
| Building | |
|---|---|
| Type: | Single Family House |
| Appliances: | Dryer, Dryer - Electric, Microwave, Range - Electric, Refrigerator, Washer and Oven - Electric |
| HVAC: | Air Conditioned, Baseboard Heaters, Ductless, Fireplace, Heat Pump, Hot Water and Radiator Electric, Oil |
| Exterior: | Wood Shingles |
| Utilities: | Municipal Sewage System |
| Location | |
|---|---|
| Town: | Halifax |
| Province: | Nova Scotia |
| Nearby Amenities: | Beach, Park, Place Of Worship, Playground, Public Transit and Shopping |
| Community Features: | Recreational Facilities and School Bus |
| Rooms | Level | Dimensions |
|---|---|---|
| Living room | Main level | 103 x 129 |
| Kitchen | Main level | 182 x 135 |
| Bedroom | Main level | 151 x 131 |
| 3pc Bathroom | Main level | 510 x 64 |
| Bedroom | Main level | 199 x 135 |
| 2pc Bathroom | Main level | 510 x 210 |
| Bedroom | Second level | 151 x 133 |
| Bedroom | Second level | 911 x 91 |
| Bedroom | Second level | 113 x 97 |
| Bedroom | Second level | 1611 x 135 |
| 3pc Bathroom | Second level | 95 x 311 |
| 3pc Bathroom | Second level | 95 x 54 |
| Bedroom | Third level | 151 x 2610 |
| Bedroom | Third level | 12 x 2210 |
| 3pc Bathroom | Third level | 62 x 6 |
| Eat in kitchen | Lower level | 132 x 124 |
| Family room | Lower level | 13 x 124 |
| Bedroom | Lower level | 131 x 113 |
| 3pc Bathroom | Lower level | 6 x 71 |
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