$1,449,000 Sale

Listed 20 days ago

1531 lemarchant Street

MLS® 202624036 House

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Beds · 8+1

Baths · 5.5

Parking · 0

Sqft · 3437

Est. mortgage

$5,497/mo

Key Facts

Key facts for 1531 lemarchant Street

Property Type

House, 3 Level

Parking

Garage: No, 0 parking

MLS #

202624036

Size

3437 sqft

Basement

Listed on

Lot size

Tax

Days on Market

Year Built

1920

Maintenance Fee

Description

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, rest...aurants 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:10452)

Full Property Details

Interior

Bedrooms

Bedrooms Plus

Washrooms

5.5

Square Footage

3437 sqft

Heating Source

Electric, Oil

Heating Type

Baseboard heaters, Heat Pump, Ductless, Hot Water, Radiator

Air Conditioning

Air Conditioned

Kitchens

Full Bathrooms

Half Bathrooms

Flooring Type

Hardwood, Laminate, Vinyl

Bedrooms

Bedrooms Plus

Washrooms

5.5

Square Footage

3437 sqft

Heating Source

Electric, Oil

Heating Type

Baseboard heaters, Heat Pump, Ductless, Hot Water, Radiator

Air Conditioning

Air Conditioned

Kitchens

Full Bathrooms

Half Bathrooms

Flooring Type

Hardwood, Laminate, Vinyl

Exterior

Acreage

0.0946 ac

Parking Spaces

Garage Spaces Y/N

Land Amenities

Park, Playground, Public Transit, Shopping, Place of Worship, Beach

Acreage

0.0946 ac

Parking Spaces

Garage Spaces Y/N

Land Amenities

Park, Playground, Public Transit, Shopping, Place of Worship, Beach

Building Description

Style

3 Level

Home Type

House

Subtype

House

Year Built

1920

Exterior

Wood shingles

Sewers

Municipal sewage system

Water Supply

Municipal water

Architectural Style

3 Level

Style

3 Level

Home Type

House

Subtype

House

Year Built

1920

Exterior

Wood shingles

Sewers

Municipal sewage system

Water Supply

Municipal water

Architectural Style

3 Level

Community

Halifax

Area Code

Halifax

Features

Recreational Facilities, School Bus

Community

Halifax

Area Code

Halifax

Features

Recreational Facilities, School Bus

Room Types

3pc Bathroom

Dimensions 62 x 6

372 sqft

3pc Bathroom

Dimensions 95 x 311

29545 sqft

3pc Bathroom

Dimensions 95 x 54

5130 sqft

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Cathy Hamel

Email: [email protected] Cell: 902-789-3118