IDX / Reciprocity

115-123 Portland Street
10-Dartmouth Downtown to Burnsid Dartmouth B2Y 1H7

$6,000,000
Multi-Family

Main Photo: 115-123 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202427879
Photo 1: 115-123 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202427879
Photo 2: 115-123 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202427879
Photo 3: 115-123 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202427879
Photo 4: 115-123 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202427879
Photo 5: 115-123 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202427879
Photo 6: 115-123 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202427879
Photo 7: 115-123 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202427879
Photo 8: 115-123 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202427879
Photo 9: 115-123 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202427879
Photo 10: 115-123 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202427879
Photo 11: 115-123 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202427879
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
202427879
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)
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
  • Photo 1: 115-123 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202427879
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  • Photo 2: 115-123 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202427879
    Photo 2 of 11
  • Photo 3: 115-123 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202427879
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  • Photo 4: 115-123 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202427879
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  • Photo 5: 115-123 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202427879
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  • Photo 6: 115-123 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202427879
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  • Photo 7: 115-123 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202427879
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  • Photo 8: 115-123 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202427879
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  • Photo 9: 115-123 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202427879
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  • Photo 10: 115-123 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202427879
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  • Photo 11: 115-123 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202427879
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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.