For Sale: 1531 Lemarchant Street, Halifax, NS - REW
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$1,449,000
9 bd • 6 ba • 3437 sf • House
1531 Lemarchant Street
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$1,449,000

1531 Lemarchant StreetHalifax, NS, B3H 3R2

  • 9 Bed
  • 6 Bath
  • 3437 Sqft
  • House

About this home

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:63626)
Listed by: Lei Tang, Royal LePage Atlantic

Home facts and features

Price details
List Price
$1,449,000
Home facts
Bedrooms
9
Full Bathrooms
5
Partial Bathrooms
1
Parking Details
Paved Yard, Interlocked
Property Type
House
Lot Size
4120 ft²
Depth
Year Built
Built in 1920 (106 yrs old)
Title
Freehold
Style
3 Level
Exterior Finish
Wood shingles
Heating Type
Heat Pump, Baseboard heaters, Oil, Electric, Radiator, Hot Water, Ductless
Cooling
Air Conditioned
Amenities
5ft min Kitchen Turning Radius, Entry threshold less than ½ inch
Appliances
Dryer, Dryer - Electric, Microwave, Oven - Electric, Range - Electric, Refrigerator, Washer
Agent details
Primary Agent
Primary Broker
Royal LePage Atlantic
Listing details
Days on REW
19 Days
Property Views
15
MLS® Number
202624036
Source
Canadian Real Estate Association
Board
Nova Scotia Association of REALTORS®
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Purchase Price
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Lemarchant-St. Thomas Elementary School
  • n/a
  • K - 6
  • In Catchment
Halifax Central Junior High School
  • n/a
  • 7 - 9
  • In Catchment
Gorsebrook Junior High School
  • n/a
  • 7 - 9
  • In Catchment
Sir Charles Tupper School
  • n/a
  • K - 6
  • In Catchment
Citadel High School
  • n/a
  • 10 - 12
  • In Catchment
Inglis Street Elementary School
  • n/a
  • K - 6
  • In Catchment
Saint Mary's Elementary School
  • n/a
  • K - 6
  • In Catchment
Oxford School
  • n/a
  • K - 9
  • In Catchment
Joseph Howe Elementary School
  • n/a
  • K - 6
  • In Catchment
Westmount Elementary School
  • n/a
  • K - 6
  • In Catchment
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Lei Tang
Phone:
(902) 580-8886
Office:
902-453-1700
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