Feature

Property

  • Built in 1986, Oceanview is a spectacular 84 suite wood-framed building with a brick exterior and central elevator, located in the community of Dartmouth, which is just 15 minutes across the McDonald Bridge from the economic center of Atlantic Canada… Halifax, Nova Scotia.
  • Oceanview offers a wide variety of spacious suite types for everyone, from bachelors to three bedrooms, that range in size from a cozy 363 square feet for the independent single, to a very large 1055 square feet for the family.
  • Sitting on 1.5 acres of prime Nova Scotian land, prices at Oceanview range from $47,900 to $97,900, well below the average condo price in the Greater Halifax Metropolitan area. As a result, Oceanview is not only a great opportunity, but a very affordable investment for everyone.
  • Oceanview has over a Million dollars in planned renovations, and will undergo a transformation unlike anything in the Dartmouth area offering renters and investors alike an amazing place to live and invest.

Financial

  • A reserve fund of $42,000 has been established for Oceanview, and an annual reserve allocation for the property of $45,000 has been put in place through the condo budget.

Rental

  • Oceanview will be professionally managed by CitiGroup Properties Ltd. and work hand in hand with Signature Service, to provide the best possible lifestyle and experience for all Oceanview residents, along with professional asset management for our investors.
  • CitiGroup Properties Limited is one of Atlantic Canada's leading real estate management companies. For over eighteen years, they have been providing professional management services and developed a reputation for quality by following their guiding principles to do the best possible job using integrity, innovation, commitment and strength of staff. With a management style that is both focused and innovative, they achieve high occupancy levels, effective and cost efficient operations and provide timely and accurate management reports.

Suites Type Purchase Price Appraised Value Approx. Size (Sq. Ft.)
2 Bachelor $47,900 & $61,900 $50,000 & $69,600 363 & 512
3 1 Bedroom $74,900 – $76,900 $85,000 631 - 632
77 2 Bedroom $82,900 – $97,900 $111,000 776 - 951
2 3 Bedroom $87,900 $105,000 1055