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$ 4,750,000
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0.55 Acres Lot
$ 4,750,000
Est. payment | /mo
0.55 Acres Lot
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Halifax
MLS® Listing ID 202416955
Originating Board Nova Scotia Association of REALTORS®
Year Built 2024
Lot Size 0.548 Acres
Acres 23862.168
Property Description
Discover a prime development opportunity in Fairview, ideally situated just off the intersection of Dutch Village Road and Joseph Howe Drive. This location offers exceptional accessibility, being only 300 meters from Highway 102 and a mere 4-minute drive to the MacKay bridge. An architect's capacity study has outlined the potential for constructing an 80-unit building with a gross floor area of 80,252 square feet. This 7-storey (20 meter high) structure would feature 52 one-bedroom and 28 two-bedroom units, along with underground parking and the required amenity space. (See the site plan in photos.) Currently consisting of 3 single family homes, the property spans 23,862 square feet, covering three separate parcels with C2C zoning, allowing for a commercial element in your building. Westerwald Street provides a quieter environment just off the main thoroughfare, ensuring high demand for rental or purchase units once completed. With the city's ongoing height restriction increases, purchasing today offers the potential for greater density in the future. Contact your real estate professional now to explore this incredible opportunity. (id:24570)
Location
Province NS
Interior
Flooring Other
Exterior
Parking Features Yes
View Y/N No
Private Pool No
Others
Ownership Freehold
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