159 days on Market

3342/46/52 Westerwald St, Halifax, Nova Scotia B3N 2R7

Townhouse
108
-
- sqft
$4,750,000
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Townhouse
108
-
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$20,399/mo

Tax Amount ()-

Days On Market159 days


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.


Property Details

StyleOther
View-
Age of property2024
SqFt-
Lot Size-
Parking Spaces-
MLS ®Number202416956
Community NameFairview
Data SourceNSAR
Listing byCentury 21 Optimum Realty

Features

Heating: No Heating/Cooling
Cooling: No Heating/Cooling
Basement: Other

Property listed by Century 21 Optimum Realty, Brokerage
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Population and Demographics

Overview

Total population 9573
Average household income $86,071

Age (%)

20 to 34
32%
35 to 49
20%
50 to 64
17%
0 to 19
17%
65 and plus
15%

Household composition (%)

Single family
48%
Single person
41%
Multi person
11%
Multi family
0%

Mother tongue (%)

English
81%
Arabic
4%
Others
3%
Mandarin
2%
French
2%
Punjabi (Panjabi)
2%
Tagalog (Pilipino, Filipino)
1%

House tenancy (%)

Renters
68%
Owners
32%

Schools and amenities

Estimated Budget