$2,075,000
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1550 1554 Vernon Street Street, Halifax Ns B3H 3M7, Halifax, NS B3H 3M7

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12 Beds
0 Baths
- Sq Ft

A standout opportunity on Vernon Street, just steps from Coburg Road and Dalhousie University. Under the same ownership since 2004, this well-maintained triplex combines strong existing income, zero vacancy and a proven rental history in one of Halifaxs highest-demand rental locations. Comprising three civic addresses1550, 1552 and 1554 Vernon Streetthe property generates $174, 692 in gross annual rental income, or $14, 558 monthly. With annual operating expenses of approximately $29, 275, NOI is $145, 417, representing an attractive 7.0% cap rate. Units are separately metered for electricity, which is paid by the tenants; heat and hot water are included in the rents. Current leases are in place, providing income from day one. Significant capital improvements include a new roof and skylights (2022), new natural gas boiler (2022), replacement of wood windows with vinyl, upgraded electrical and most plumbing, and new front and rear steps (2026). Three on-site parking spaces are an added advantage in this highly walkable university neighbourhood. With established income, substantial upgrades already completed and an exceptional location within steps of Dalhousie, this is a rare opportunity to acquire a proven rental property in the heart of Halifaxs university district.

Listing By: Mia Rankin - Royal LePage Atlantic cnnsaor Realty.com
  • MLS® 202624982
  • Date Listed10/02/2026
  • Days on Realty 34 Days
  • Bedrooms 12
  • Bathrooms
  • Lot Size 0.09 acres (3,977 sq. ft)
  • County Halifax

Interior Features

  • Appliances Stove, Dishwasher, Dryer - Electric, Washer, Refrigerator, Dryer
  • Flooring Hardwood, Laminate, Vinyl
  • Heating Baseboard, Hot Water, Radiator

Exterior / Lot Features

  • Roof Asphalt
  • Lot Size Acres 0.09
  • Lot Size SQFT 3,977.03
  • Lot Features Under 0.5 Acres

Directions

From Robie Street, turn onto Coburg Road, then turn onto Vernon Street. Property is located at 1550–1554 Vernon Street.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for B3H 3M7

Discover key demographics, population statistics, and environmental insights for the Halifax, NS area.

Walkability in NS / B3H 3M7

Source: Walk Score

50/100

Somewhat Walkable

Walk Score ®

47/100

Some Transit

Transit Score ®

46/100

Bikable

Bike Score ®

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 50/100, Transit Score: 47/100, Bike Score: 46/100.

Points of Interest near 1550 1554 Vernon Street Street, Halifax NS B3H 3M7, Halifax, NS B3H 3M7

Frequently Asked Questions for 1550 1554 Vernon Street Street, Halifax NS B3H 3M7

Source: Realty.com

1550 1554 Vernon Street Street, Halifax NS B3H 3M7, Halifax, NS B3H 3M7 in Halifax, NS B3H 3M7 is a triplex listed at $2,075,000. Highlights include 12 bedrooms, 0.09 acre lot. Realty.ca has 34 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 34 photos of 1550 1554 Vernon Street Street, Halifax NS B3H 3M7.

The full address for this home is 1550 1554 Vernon Street Street, Halifax NS B3H 3M7, Halifax, NS B3H 3M7.

1550 1554 Vernon Street Street, Halifax NS B3H 3M7 has been listed on Realty.com since Fri October 02, 2026

The average walkability score in the surrounding area is Walk Score: 50/100, Transit Score: 47/100, Bike Score: 46/100.

Listing provided courtesy of: Royal Lepage Atlantic (tel: 902-453-1700)
Listing agent: Mia Rankin (tel: 902-225-1891)

This content last refreshed on 2026-11-05 10:50:09. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.