Overview
Description
Turnkey income property located in Halifax’s premier university rental corridor & within walking distance to multiple universities & major hospitals. Ideally positioned for the high demand student rental market with an approximate 6% CAP RATE. Welcome to 1645/1647 Oxford Street, a fully rented South End legal duplex just steps from Dalhousie University, offering 10 bedrooms, parking for four vehicles & strong stable rental income. Positioned on a 5250 sq ft corner lot within the ER3 Low Rise High Density zone under the HRM Centre Plan, the property offers excellent long term redevelopment potential while generating strong current income. The building is configured as a seven bedroom upper flat spanning two levels & a bright three bedroom lower unit with open concept kitchen & living area. The property generates an approximate Net Operating Income of $94574, providing stable cash flow in one of Atlantic Canada’s strongest & most reliable rental markets. Each unit features separate entrances & separate power meters, allowing simplified management & efficient operation. The property has been well maintained & extensively upgraded, reducing near term capital expenditure requirements. Major improvements since 2015 include addition of the basement unit renovated in 2024, upgraded electrical panels & wiring, replacement of the lead water service line & interior cast iron waste piping, blown in wall insulation, installation of heat pumps, exterior drainage improvements, updated siding & windows, & roof shingles replaced in 2023. Located adjacent to Dalhousie & King’s College campuses & within walking distance to hospitals, universities & amenities, the property benefits from strong rental demand, historically low vacancy rates & continued enrolment growth, making it a reliable long term income producing asset. Rare opportunity to acquire a turnkey South End multi unit with strong cash flow & redevelopment potential.
Contact us about this listing & It's History
Neighborhood Information
Halifax, NS
Halifax, Nova Scotia is a vibrant city with a rich history and a strong sense of community. It's located on the eastern coast of Canada and is known for its scenic waterfront, historic architecture, and lively arts scene. The city is surrounded by natural beauty, with numerous parks, beaches, and hiking trails, making it a great place for outdoor enthusiasts. The downtown area is full of trendy shops, restaurants, and bars, offering a variety of entertainment options. On the downside, the cost of living is higher than in some other Canadian cities, and the weather can be unpredictable, with cold winters and foggy summers.
One of the city's main attractions is the historic Citadel Hill, a star-shaped fort that offers panoramic views of the city. The Halifax Public Gardens, a Victorian-era garden, is another popular spot, as is the Maritime Museum of the Atlantic, which features exhibits on the city's maritime history. Halifax is also home to several universities, including Dalhousie University and Saint Mary's University, adding a youthful energy to the city.
The city's population is approximately 403,131, making it the largest city in Atlantic Canada.
85
Compared to other cities in Canada, Halifax offers a unique blend of history, culture, and natural beauty, making it a desirable place to live. The city's strong sense of community, vibrant arts scene, and numerous outdoor activities contribute to its appeal. However, the higher cost of living and unpredictable weather can be drawbacks. Overall, the city scores a 85 out of 100.
Search Nearby Activities88
The education system in Halifax is highly regarded, with a range of quality public and private schools, as well as several universities. Compared to other Canadian cities, Halifax scores an 88 out of 100 for its schools.
Search Nearby Schools80
Halifax offers a variety of entertainment options, from its lively arts scene to its numerous bars and restaurants. Noteworthy options include Neptune Theatre, the oldest professional theatre company in Canada, and The Oval, a large outdoor skating rink. The city scores an 80 out of 100 for entertainment.
Search Nearby Restaurants90
Halifax offers a range of outdoor activities, from hiking trails to beaches, making it a great city for nature lovers. Compared to other Canadian cities, Halifax scores a 90 out of 100 for outdoor activities.
Walk Score - 87%About Your Relator®
Jessica Mugford
Meet Jessica Mugford, a dynamic and enthusiastic Realtor® based in the heart of Sydney, NS. Born and raised in this picturesque coastal city, Jessica brings a deep-seated passion and a comprehensive understanding of the local market to her role. Her journey in real estate began at RE/MAX Park Place, where she served as an administrative professional specializing in contract review. This experience has provided her with invaluable insights into the industry, enhancing her expertise in managing real estate transactions with finesse.
Jessica's love for travel has broadened her perspective, allowing her to appreciate diverse lifestyles and housing needs, making her an ideal advisor for clients seeking to navigate the complexities of the real estate market. Coupled with her exceptional customer service skills, Jessica is committed to offering personalized and effective real estate solutions.
With deep rooted entrepreneurial ties to the community, Jessica has the foresight to recognize independent real estate opportunities, propose growth strategies and guide her clients through effective and efficient closing processes.
With Jessica Mugford, you can expect nothing less than a professional, tailored approach.
Phone: (902) 322-1684
Email: jessicamugford@remax.net
Office: Sydney
Map
Mortgage Calculator
Estimated Monthly Payment:
Monthly mortgage and property tax payments are estimates for which we bear no responsibility.
Homeowners could also be subject to mortgage insurance premiums, homeowners insurance premiums, and other costs.
Property Details
| On Market Date | 2026-03-06T21:00:01.2 |
| Status | ACTIVE |
| Price | $1,575,000.00 |
| Year Built | 1930 |
| Neighborhood | Halifax - Dartmouth |
| Location | Lat: 44.639938, Lng: -63.597544 |
| Bedrooms | 10 |
| Bathrooms (Full) | 3 |
| Bathrooms (Total) | 3 |
| Square Feet | 4,731.00 |
| Lot Size | 5,250.00 5250 |
| Appliances | Range,Dishwasher,Dryer,Washer,Refrigerator |
| Heating | Baseboard,Heat Pump -Ductless,Hot Water,Radiator |
| Water Source | Municipal |
| Sewer | Municipal |
| Interior Features | Air Exchanger,HRV (Heat Rcvry Ventln) |
| Roof | Asphalt Shingle |
| Flooring | Ceramic,Hardwood,Vinyl |
| Community Features | Park,Playground,Public Transit,Recreation Center,Shopping,Place of Worship |
| Association Fee | 0.00 |
| Listing Office Name | The Agency Real Estate Brokerage |
| Listing Agent | Brehannah Hopgood |
| MLS® | 202604064 |
No representation is made as to the accuracy of any description. All measurements and square footages are approximate and all information should be confirmed by customer.