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.
Listing Sub-Area:
6-Fairview
Property Type:
Multi-Family
Multi-Family Type:
Over 12 Units
Title To Land:
Freehold
Building Dimenions:
LAND
Lot Size:
0.548 acre(s)0.22 hectare(s)
Prop Size:
0.5 to 0.99 Acres
# of Rental Units / Occupied:
0
Year built:
2024
(Age: 0)
Age:
0
# Floors:
7
Foundation:
Other
Basement:
Other
Floor Finish:
Concrete
Roof:
Other
Heating:
None
Fuel:
Electric, Natural Gas
Garage Description:
Underground 32 Spaces as per Design. 8 Exterior Spaces.
Parking:
Yes
Parking Description:
40 Spaces as per Design. (32 Interior/8 Exterior)
Driveway:
Other
Water Supply:
Municipal
Sewer:
Municipal
Num Units:
80
Num Bachelor Units:
0
Num 1 Bed Units:
52
Num 2 Bed Units:
28
Num 3 Bed Units:
0
Num 4 Bed Units:
0
# Of Dishwashers:
0
# Of Dryers:
0
# Of Fridges:
0
# Of Microwaves:
0
# Of Stoves:
0
# Of Washers:
0
NA
NA
Golf Course, Park, Playground, Public Transit, School Bus Service, Shopping
Data was last updated December 4, 2024 at 01:20 PM (UTC)
Area Statistics
Listings on market:
61
Avg list price:
$949,900
Min list price:
$389,900
Max list price:
$4,800,000
Avg days on market:
48
Min days on market:
2
Max days on market:
650
These statistics are generated based on the current listing's property type
and located in
Halifax-Dartmouth. Average values are
derived using median calculations.