24 JOFFRE STREET

Dartmouth, , B2Y3C8, Canada

$774,900

Exceptional opportunity at 24 Joffre Street in Dartmouth ideal for investors, owner-occupiers, or families seeking flexibility and space. Set on a large 8,600 sq. ft. lot, this property offers two vacant units at closing, both with separate driveways, separate electrical services, and in-unit laundry. The upper unit (24 1/2 Joffre) is a bright 2-bedroom apartment added in 2005 with its own 125-amp service. The main unit (24 Joffre) offers 2 bedrooms plus den, with a partially finished basement including a rec room, additional bedroom (non-egress), laundry, and garage, serviced by 100 amps. Enjoy a large backyard perfect for outdoor living, entertaining, or family use. Located in a sought-after area just minutes from downtown Dartmouth, public transit, schools, shopping, and everyday amenities, and close to Oathill Lake, Maynards Lake, and Lake Banook. The layout of this home offers a clear opportunity to create a third unit in the basement and with ER-3 zoning, the property also offers strong future potential for up to 8-unit development (subject to approval). Projected rental income is approximately $2,200/month for Unit 1 (top floor) and $2,600/month for Unit 2 (main/basement), generating estimated gross annual income of $57,600. With tenants paying their own electrical meters, estimated annual expenses include water ($1,212), oil heat ($6,174), and property taxes ($3,397), resulting in an estimated annual net operating income of approximately $46,817. Additional upside exists through the installation of electric baseboards or heat pumps, allowing tenants to assume heating costs and increasing the estimated NOI to approximately $52,991 annually. With strong rental potential, flexible layout, and a prime location near lakes, parks, and city conveniences, this is a rare opportunity in one of Dartmouth's most desirable areas.

EXTRAS: Washer, Oven - Electric, Dishwasher, Dryer, Freezer

Virtual Tour: https://youriguide.com/24_joffre_st_dartmouth_ns/

Last updated on : Sunday 24th of May 2026 08:31:01 PM

ADDRESS

Street : 24 JOFFRE STREET

City : Dartmouth

Country : Canada

Postal Code : B2Y3C8

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PROPERTY SUMMARY

Property ID : 202608891

Building Type : House

Property Type : Single Family

Bedrooms : 4 + 1

Bathrooms : 2

Parking Type: Attached Garage, Garage, Paved Yard

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