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:4069)
Address
1531 lemarchant Street
List Price
$1,449,000
Property Type
Single Family
Type of Dwelling
House
Style of Home
3 Level
Transaction Type
Sale
Area
Nova Scotia
Sub-Area
Halifax
Bedrooms
9
Bathrooms
6
Half Bathrooms
1
Floor Area
3,437 Sq. Ft.
Lot Size
0.0946 Ac.
Year Built
1920
MLS® Number
202624036
Listing Brokerage
Royal LePage Atlantic
Postal Code
B3H3R2
Ownership
Freehold
Site Influences
Park, Playground, Public Transit, Shopping, Place of Worship, Beach
Community Features
Recreational Facilities, School Bus
Appliances
Oven - Electric, Range - Electric, Dryer, Dryer - Electric, Washer, Microwave, Refrigerator
Heat Source
Electric, Oil
Heat Type
Baseboard heaters, Heat Pump, Ductless, Hot Water, Radiator
Cooling Features
Air Conditioned
Foundation Details
Poured Concrete
Number Of Floors In Building
3
Water Source
Municipal water
Sewer
Municipal sewage system
