$ 1,449,000

1531 Lemarchant Street, Halifax

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:1945)
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Property details for 1531 Lemarchant Street, Halifax

Type
Residential
Style
3 Level
Bedrooms
9
Bathrooms
6
Living Area
3,437 square feet
Lot Size
0.0946
Stories
3
Parking
Paved Yard, Interlocked
Heating
Heat Pump, Baseboard heaters, Oil, Electric, Radiator, Hot Water, Ductless
Cooling
Air Conditioned
Exterior
Wood shingles
Ownership
Freehold

Nearby Listings Stat

Estimated price and comparable properties near 1531 Lemarchant Street

Active Listings
1
Min Price
$1,449,000
Max Price
$1,449,000
Avg Price
$1,449,000
Days on Market
8
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days

Neighbourhood Census Data

Halifax, Nova Scotia / Nouvelle-Écosse

Population
450
Median Age
31
Median Income
$36,288
Dwelling Value
$500,950

Housing Tenure

Owners 61%
Renters 42%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.1
Pop. Density: 6,198.3/km²
Avg Shelter Cost: $1,491/mo
Owners with Mortgage: 42.3%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 50%
English only: 76.7%
English and French: 22.2%
Neither: 1.1%
Median Household Income: $74,752
Median Employment Income: $20,544

Price History

Listed
September 22, 2026
by Royal LePage Atlantic
Current Price
$1,449,000
Type
Residential
For Sale
1531 Lemarchant Street

Contact Agent Get in touch about 1531 Lemarchant Street, Halifax

Lei Tang
Royal LePage Atlantic