IDX / Reciprocity
115-123 Portland Street
10-Dartmouth Downtown to Burnsid
Dartmouth
B2Y 1H7
$6,000,000
Multi-Family
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- 202427879
- Photos (11)
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Prime Development Opportunity in Thriving Downtown Dartmouth This exceptional offering combines five parcels of prime real estate in the heart of Downtown Dartmouth, 58 Queen St, 21 Dundas St and 115-123 Portland St, presenting an unparalleled opportunity for developers or investors. The package includes a mix of commercial/multi-residential properties and a vacant lot, offering significant flexibility for redevelopment or expansion. With a total of 12 income-generating units and three distinct street frontages, the site provides superior connectivity and accessibility for future projects, making it ideal for a range of development possibilities. Located in one of Nova Scotia’s most vibrant and rapidly growing communities, Downtown Dartmouth is celebrated for its unique blend of charm, modern amenities, and a strong sense of community. The area is home to trendy restaurants, boutique shops, thriving local businesses, and scenic waterfront views, making it a desirable location for both residents and businesses alike. This property package offers exceptional development potential, whether for a mixed-use project combining residential and commercial components or a reimagined rental portfolio to capitalize on the increasing demand for housing in the area. As Downtown Dartmouth continues to experience significant growth and revitalization, opportunities like this are rare and highly sought after. Don’t miss your chance to invest in this thriving urban core.
- Alderney Dr to Portland St
- Listing Sub-Area:
- 10-Dartmouth Downtown to Burnsid
- Property Type:
- Multi-Family
- Multi-Family Type:
- 9 - 12 Unit
- Title To Land:
- Freehold
- Building Dimenions:
- NA
- Lot Size:
- 0.535 acre(s)0.22 hectare(s)
- Prop Size:
- 0.5 to 0.99 Acres
- Commercial / Retail Space:
- Yes
- # of Rental Units / Occupied:
- 12
- Exterior Finish:
- Vinyl, Wood Siding
- Foundation:
- Concrete
- Basement:
- None
- Floor Finish:
- Carpet, Hardwood, Tile
- Roof:
- Asphalt Shingle
- Heating:
- Heat Pump -Ducted
- Fuel:
- Electric, Natural Gas, Oil
- Driveway:
- Concrete, Gravel, Multiple Driveways, Parking Spaces(s)
- Water Supply:
- Municipal
- Sewer:
- Municipal
- Num Units:
- 12
- Rental Income:
- Yes, 240278
- Insurance Expense:
- 7060
- Taxes Costs:
- 46800 + Dundas
- Other Costs:
- Utilities - 42481
- Maintenace:
- 23836.0
- Management expense:
- 28873
- Approx. Total Income:
- 240278
- None
- No
- Zoning:
- DD
- Possession Info:
- As Agreed
Larger map options:
Listed by Sotheby's International Realty Canada
Data was last updated December 23, 2024 at 05:20 PM (UTC)
Area Statistics
- Listings on market:
- 58
- Avg list price:
- $899,450
- Min list price:
- $389,900
- Max list price:
- $7,500,000
- Avg days on market:
- 51
- Min days on market:
- 5
- Max days on market:
- 669
These statistics are generated based on the current listing's property type
and located in
Halifax-Dartmouth. Average values are
derived using median calculations.
- Sutton Group Professional Realty
- 1 (902) 4400477
- Contact by Email