1675 Oxford Street

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Property Features

  • A unique opportunity for local, national and institutional investors and developers to have a footprint minutes from the campus of Dalhousie University, the largest university in Atlantic Canada.
  • The Commodore offers a steady income with 100% occupancy and significant opportunity for annual rent escalations.
  • This opportunity has exceptional near and long term-value.
  • The property just underwent a complete renovation that was completed in August 2019 including suites, common areas, building systems, exterior and roof.
  • Ideal unit mix of furnished 3 to 5 bedroom units catering to the student demographic.
  • Units come complete with all furniture, TV, heat, water, power, appliances, artwork, shelving, etc.
  • Total site area of 20,000 sf.
  • 26 rental units in 33,000 sf, over 3 floors situated near the Dalhousie University Campus.
  • Stabilized income: $ 742,908 NOI.
  • Fully leased with historical 100% occupancy rate.

Location

  • The property is ideally located to benefit from the high demand and low supply of quality student housing options.
  • Located in the South End of Halifax, The Commodore is at the heart of the student neighbourhood at the corner of Oxford Street and Jubilee Street.
  • The property is located a short 7 minute walk to the Dalhousie campus and 15 minute walk to Downtown Halifax, giving tenants easy access to grocery, restaurants, cafes, bars and shopping.
  • Dalhousie University is one of the oldest and most prestigious universities in Canada, and attracts tens of thousands of students from all over the country and abroad year after year.
  • Saint Mary’s one of the largest universities in Halifax is also within close proximity.
  • Proximity to major public transportation and residential neighbourhoods.
  • The large student population in Halifax increases demand for high quality, hands-off, easy housing.

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