6033 South Street, Halifax Peninsula, NS

$6,595,000

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31

Beds

0.07

Acres

About 6033 South Street

**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**

Features of 6033 South Street

MLS® # 202609959
Price $6,595,000
Bedrooms 31
Acres 0.07
Type Residential Income
Sub-Type Multi Family
Status Active

Community Information

Address 6033 South Street
Area Halifax - Dartmouth
Subdivision 2-B
City Halifax Peninsula
County Halifax
Province NS
Postal Code B3H 1S8

Amenities

Utilities Electricity Connected
Parking Driveway, Parking Spaces(s)
Is Waterfront No
Has Pool No

Interior

Appliances Stove, Dishwasher, Dryer, Washer, Refrigerator
Heating Baseboard
Fireplace No
# of Stories 2
Has Basement Yes
Basement Full, Finished, Walk-Out Access

Exterior

Lot Description Under 0.5 Acres
Roof Asphalt
Construction Vinyl Siding
Foundation Concrete Perimeter

School Information

Elementary Inglis Street Elementary School
Middle Gorsebrook Junior High School
High Citadel High School

Additional Information

Zoning HR-1

Listing Details

OfficeColdwell Banker Maritime Realty

Listing Map

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