Address
37 Gaston Road, Dartmouth, NS
Price
$ 1,185,000
Property Attributes
- MLS#202621177
- TypeMulti-Family
- Listing Status ACTIVE
- CityDartmouth
- AreaHalifax - Dartmouth
- Neighbourhood12-D
- Postal CodeB2Y 3W2
- StyleMulti Family
- Year Built1966
- Price$ 1,185,000
- Bedrooms11
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.1387 Acres
Data Source:
Nova Scotia Association of REALTORS® (NSAR)
Property Description
Welcome to 37 Gaston Road, a well-maintained 6-unit investment property offering a compelling combination of stable income, recent capital improvements, and significant future upside. The building is comprised of five 2-bedroom units and one 1-bedroom unit, with substantial upgrades completed over the past five years, including new windows, a recently replaced roof, an efficient propane heating system, updated bathtubs, interior paint, brick repointing, sewer lateral, a secure front entrance with intercom system, and much more. A major advantage for the next owner is the property's intentional vacancy strategy. Two units are currently vacant, with a third vacancy anticipated, providing an incoming investor with the flexibility to complete cosmetic or leasehold improvements and establish new tenancies at current market rents, subject to applicable regulations. With the remaining occupied units currently rented below market levels, there is meaningful potential to improve overall revenue over time. Additional value-add opportunities include updating unit interiors, installing in-suite laundry, and potentially reconfiguring the existing 1-bedroom unit into a 2-bedroom layout to increase both bedroom count and rental potential. Tenants currently benefit from convenient on-site coin-operated laundry. Located along major transit routes and just minutes from Downtown Dartmouth, NSCC, hospitals, grocery stores, pharmacies, and everyday amenities, 37 Gaston Road offers the accessibility tenants look for and the income-growth potential investors seek. If you are looking for a solid multi-unit asset with major improvements already completed, strategically created vacancies, and multiple avenues to increase future income and value - this is it!
| Elementary School | Middle School | High School |
|---|---|---|
| Dartmouth South Academy Elementary School | Dartmouth High School Middle School | Dartmouth High School High School |
| Price History | |
|---|---|
| 8/21/2026 | Listed $1,185,000 |
General Features
| Sewer | Municipal |
|---|---|
| Heating | Baseboard,Hot Water |
| Utilities | Propane |
| Possession | Negotiable |
| Roof | Rolled/Hot Mop |
| Zoning | R-2 |
| Year Built | 1966 |
| Property Subtype | Multi Family |
| Ownership | Freehold |
| County | Halifax |
| New Construction | false |
| Property Type | Residential Income |
| Garage Y/N | false |
| Status | ACTIVE |
| Directions | From Portland St to Gaston Rd. |
| City | Dartmouth |
| MLS Area | 12-Southdale, Manor Park |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 6041.772 |
| MLS Area Minor | 12-D |
| Additional Parcels Y/N | false |
| Rent Control Y/N | false |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
| High School | Dartmouth High School |
| Elementary School | Dartmouth South Academy |
| Legal Description | 37 Gaston Rd Lot 4 Dartmouth Apartment |
| Tax Assessed Value | 1162600 |
| Middle/Junior High School | Dartmouth High School |
| Construction Materials | Brick,Vinyl Siding |
| Stories Count | 2 |
| Appliances | Stove,Dryer,Washer,Refrigerator |
| Community Features | Park,Playground,Near Public Transport,Recreation Center,School Bus Service,Shopping |
| Other Structures | None |
| Number Of Units Total | 6 |
| Number of Units Leased | 6 |
Interior Features
| Basement | Full,Partially Finished |
|---|---|
| Flooring | Ceramic Tile,Hardwood |
| Heating Y/N | true |
| Total Bedrooms | 11 |
| Below Grade Finished Area Unit Type | Square Feet |
| Laundry Features | Laundry |
Exterior Features
| Parking Features | Parking Spaces(s),Paved |
|---|---|
| Lot Features | Under 0.5 Acres |
| Water Source | Municipal |
| Lot Size Area | 6041.772 |
| Foundation Details | Concrete Perimeter |
| Lot Size Acres | 0.1387 |
| Waterfront Y/N | false |
| Other Equipment | Fuel Tank(s) |
| Road Frontage Type | Public |
| Other Parking | Parking Details(Multiple Parking Spots) |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in B2Y 3W2
Price
Year Built
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