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Sean Watt

seanrwatt@gmail.com +1(902) 220-7326

Listed by Brehannah Hopgood • The Agency Real Estate Brokerage

$1,495,000

Est. payment - /mo

5,248 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202623437

HOA Y/N No

Year Built 1930

Lot Size 5,248 Sqft

Acres 0.1205

Property Sub-Type Duplex

Source Nova Scotia

Property Description

Turnkey income property in Halifax's premier university rental corridor, 1645/1647 Oxford Street presents a rare opportunity to acquire a fully rented South End legal duplex with strong, stable cash flow and long-term upside, all within walking distance to multiple universities, major hospitals, amenities, and transit. Ideally positioned for the high-demand student rental market, the property generates gross annual revenue of approximately $114,300, with total operating expenses of approximately $24,166.36 per year and an estimated Net Operating Income of approximately $90,133.64. The building offers 10 bedrooms total, including a seven-bedroom upper flat spanning two levels and a bright three-bedroom lower unit with an open-concept kitchen and living area, along with parking for four vehicles. Situated on a 5,250 sq. ft. corner lot within the ER3 Low Rise High Density zone under the HRM Centre Plan, the property also offers excellent redevelopment potential. Each unit has separate entrances and power meters for ease of management. Extensively upgraded and well maintained, major improvements since 2015 include the addition and 2024 renovation of the basement unit, upgraded electrical systems, replacement of the lead water service line and cast iron piping, blown-in insulation, heat pumps, exterior drainage improvements, updated siding and windows, and a new roof in 2023. Located adjacent to Dalhousie and King's College and close to hospitals, this property benefits from consistently strong rental demand, low vacancy rates, and ongoing enrollment growth, making it a reliable, long-term income-producing asset.

Location

Province NS

County Halifax

Area 2-Halifax South

Zoning ER-3

Region Halifax - Dartmouth

City Region Halifax - Dartmouth

Rooms

Basement Full, Finished

Dining Room Gross revenue: $114, 300/year

Interior

Heating Baseboard, Ductless, Hot Water, Radiator

Flooring Ceramic Tile, Hardwood, Vinyl

Inclusions All Appliances.

Equipment No Rental Equipment

Fireplace No

Appliance Range, Dishwasher, Dryer, Washer, Refrigerator, Stove

Exterior

Community Features Park, Playground, Near Public Transport, Recreation Center, School Bus Service, Shopping, Place of Worship

Utilities Available Electricity Connected

View Y/N No

Roof Type Asphalt

Garage No

Private Pool No

Exclusions Tenants Possessions.

Building

Lot Description Under 0.5 Acres

Foundation Concrete Perimeter

Sewer Municipal

Water Municipal

New Construction No

Schools

Elementary Schools Lemarchant - St Thomas Elementary School

Middle Schools Halifax Central Junior High School

High Schools Citadel High School

Others

Ownership Freehold

ParcelsYN No

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Sean Watt

+1(902) 220-7326

Agent N13318

1645 Oxford St Halifax, NS B3H 3Z5

Sean Watt

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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