Prime investment opportunity in the heart of Halifax’s 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.
coburg Rd to Lemarchant st
Listing Sub-Area:
2-Halifax South
Property Type:
Residential
Residential Type:
Single Family
Residential Style:
Detached
Title To Land:
Freehold
Home Style:
3 Level
Exterior Finish:
Wood Shingles
Year built:
1920
(Age: 106)
Age:
106
Bedrooms:
9
Bedrooms Above Grade:
8
Bedrooms Below Grade:
1
Full Bathrooms:
5
Half Bathrooms:
1
Main Living Area:
2,728 sq. ft.253 m2
Floor Area:
3,437 sq. ft.319 m2
Building Dimenions:
36’3”x24+ 16x4
Prop Size:
Under 0.5 Acres
Lot Size:
4,121 sq. ft.383 m2
Zoning:
ER-3
Water Supply:
Municipal
Sewer:
Municipal
Foundation:
Poured Concrete
Floor Finish:
Hardwood, Laminate, Vinyl
Roof:
Asphalt Shingle
New Constr.:
No
Basement:
Partially Developed, Walkout
Heating:
Baseboard, Heat Pump -Ductless, Hot Water, Radiator
Fuel:
Electric, Oil
Utilities:
Cable, Electricity, High Speed Internet, Telephone
Data was last updated September 22, 2026 at 07:20 PM (UTC)
Area Statistics
Listings on market:
100
Avg list price:
$819,450
Min list price:
$279,900
Max list price:
$4,950,000
Avg days on market:
62
Min days on market:
1
Max days on market:
360
Avg price per sq.ft.:
$549.66
These statistics are generated based on the current listing's property type
and located in
2-Halifax South. Average values are
derived using median calculations. This data is not produced by
the MLS® system.