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Investment signal

$599,900

50 Raymond Street

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Beds

—

Baths

—

Sqft

—

Year

1959

Type

Multi-family

Suite

Investment signal

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Dartmouth. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Welcome to 50 Raymond Street, a fully rented triplex in Dartmouth, perfect for investors seeking a manageable property. The lower level features a one-bedroom unit with a kitchen, family room, and four-piece bath. On the main floor, you'll find a spacious two-bedroom unit with a large eat-in kitchen, bright living room, and full bathroom. The upper level offers another two-bedroom unit, also with a generous eat-in kitchen, family room, and four-piece bath. All three units share laundry facilities located in the basement. Situated on a large lot with plenty of parking, this property is within walking distance to a local elementary school and Lake Micmac, and just a short drive to Highway 111, Micmac Mall, Lake Banook, and the well-loved Micmac Tavern. With great tenants already in place, this is a turnkey opportunity to expand your rental portfolio with ease. (id:65958)

Subtype: Multi-family
Structure: Triplex
Community: Dartmouth
Common interest: Freehold
Lot size: 0.19 acres
Lot dimensions: 0.1925
On market: Apr 8, 2026
Status changed: Apr 24, 2026
Photos: 35
MLS#: 202606641
Area: DARTMOUTH

Features and systems

Parking

Parking Space(s)Gravel

Appliances

WasherRefrigeratorStoveDryer

Exterior

Wood siding

Flooring

HardwoodLaminateCeramic Tile

Foundation

Concrete Perimeter

Lot

Balcony

Community

School BusRecreational Facilities

Negative cash flow ~$687/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.87%

Cap rate

3.49%

GRM

16.7

Break-even rent

$3,723

Financing

Down payment$119,980

Loan amount$479,920

Mortgage$2,432/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$275

Insurance$80

Maintenance$500

CapEx reserve$250

Vacancy loss$150

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $2,432/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.