Main Points Of Interest
For Sale
$6,595,000
Status
Active
Assessment
$2,352,500 (2026)
Age
n/a
Days Listed
146
List Date
May, 6th, 2026
MLS®#
202609959
Prop Type
Over 12 Units
Zoning
HR-1
Lot Size
Lot Size M
3,200 sq ft
Acres
Under 0.5 Acres
Legal Desc
LOT 3
Water
Municipal
Sewer
Municipal

**new low equity vtb finance option!! Fantastic opportunity to add a newly renovated 31-room international student residence to your portfolio. Ideally positioned just minutes from dalhousie university, university of king's college, and saint mary's university, this ideally-located income property benefits from consistent demand and strong occupancy in one of halifax's most established student rental markets. Cmhc financing has been in place since june 2024, featuring a 50-year amortization supported by the property's exceptional energy score of 100 points — a financing advantage that is no longer available under current cmhc offerings. The building is thoughtfully configured for student living, offering 31 furnished rooms, two communal kitchens with granite countertops, eight bathrooms, laundry facilities, and modern furnishings in each room, including a bed, nightstand, desk, chair, and mini fridge. The layout is designed to support efficient operations while providing a comfortable and functional living environment for tenants. Major recent upgrades have been completed throughout the property in the last few years, including vinyl siding, roof shingles, electrical, plumbing, foundation improvements, added lower-level windows, internet access points, lighting, paint, furniture, hardware, and a remote monitoring system. Essentially, all major systems and overall student experience have been significantly enhanced. The property benefits from an efficient natural gas boiler, with solar pre-heating being added shortly to further reduce energy costs while providing ample heat and hot water throughout the building. There are also 3 parking spots that can be easily rented for extra income or for easy parking for management/cleaners. For investors seeking a turnkey, high-demand student rental with strong cash flow, meaningful upside, and an exceptional university-adjacent location, this is a rare opportunity in the halifax market. **share sale available**


Dwelling Details
Num Stories
2
Commercial Space
No
Year Built (approx)
0
Heating
Baseboard
Fuel Type
Electric
Foundation
Concrete
Basement
Full,Fully Developed,Walkout
Exterior
Vinyl
Dimensions
61 X 28.6 + Jogs
Roof
Asphalt Shingle
Flooring
Carpet,Ceramic,Tile
Appliances
Stove,Dishwasher,Dryer,Washer,Refrigerator
Building Feat
Laundry
Rental Equip
None
Land Details
Migrated
Yes
Approx Num Acres
0
Title To Land
Freehold
PID#
00055707
Legal Desc
6033 South St Lot 3 Halifax Rooming Hse
Community Feat
Park,Playground,Public Transit,Recreation Center,School Bus Service
County
Halifax
Postal Code
B3H 1S8
Directions
South Street, Between Edward Street And Robie Street
Parking/Garage Details
Garage
No
Garage Details
Driveway
Multiple Driveways,Parking Spaces(s)
Parking Y/N
Yes
Parking Details
(3 spots out back)
RENTAL UNITS & APPLIANCES
Bach Units
0
1 Bedrm Units
31
2 Bedrm Units
0
3 Bedrm Units
0
4 Bedrm Units
0
Units Occupied
31
Stoves
2
Fridges
31
Dishwashers
1
Microwaves
0
Washers
2
Dryers
2
Jerry Lynds Halifax real estate agent Do you have a sensitive sniffer? I bet it smells great but give it your own smell test with a private viewing. Click the green button to contact Jerry!

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Other Details
Original Price
$6,600,000 (since reduced $5,000)
Last Price Change
June, 24th, 2026
Inclusions
Exclusions
PCDS
No
Possession
Negotiable
MLS® Area
Halifax - Dartmouth: 2-Halifax South
Listing Office
Coldwell Banker Maritime Realty
FINANCIALS
income
Rental Income394,088
Laundry Income0
Other Income0
Gross Income394,088394,088
EXPENSES
Insurance12,514
Heating10,644
Management16,749
Maintenance18,910
Electricity6,882
Taxes24,345
Water/Sewage3,284
Snow/Garbage7,333
Other Costs0
Total Expenses100,661100,661
Summary
Net Income285,546
Lat/Lng:
44.636456, -63.585926
Local ammenities go here
MUNICIPAL INFORMATION
SCHOOL INFO (Select Data Source)

GRADE
PROGRAM
SCHOOL
PR-6
Elementary French Immersion
LeMarchant-St. Thomas
PR-6
Elementary English Program
Inglis Street
7-9
Jr Hi Early French Immersion
Gorsebrook
7-9
Jr Hi English Program
Gorsebrook
10-12
Sr Hi English Program
Citadel High School
10-12
Sr Hi Early French Immersion
Citadel High School

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