1645 Oxford Street, 1647 Oxford Street
Halifax, Nova Scotia
MLS® 202623437
$1,495,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 202623437
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1930
1 / 46Listing description
Turnkey income property in Halifaxs 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 Kings 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.
Property summary
- MLS® number
- 202623437
- Property type
- Multi-family
- Building type
- Duplex
- Title
- Freehold
- Land size
- 0.1205 acres
- Built in
- 1930
- Parking
- Paved Yard, Parking Space(s)
- Days on market
- 0 days
Features & details
- Heating
- Heat Pump, Baseboard heaters, Oil, Electric, Radiator, Hot Water, Ductless
- Basement
- Finished, Full
- Flooring
- Hardwood, Ceramic Tile, Vinyl
- Appliances
- Washer, Refrigerator, Dishwasher, Range, Dryer
- Exterior features
- Vinyl
- Community features
- School Bus, Recreational Facilities
What would this home cost you?
Based on the $1,495,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of The Agency Real Estate Brokerage, Halifax.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.