3342/46/52 Westerwald Street, Halifax, (MLS® 202416955) RE/MAX nova
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3342/46/52 Westerwald Street, Halifax

0 0 80252 sqft
$4,750,000 For Sale

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.

Listing Details

Address
3342/46/52 Westerwald Street, Halifax, B3N 2R7

Status
ACTIVE
Listing Price
$4,750,000
MLS®
202416955
Type
n/a
Style
---
Age
0
Square Footage (MLA)
80,252  ft2
Total Fin SqFt (TLA)
80,252  ft2
PID
00189597

Water
Municipal
Sewer
---
Utilities
Cable,Electrical,Municipal Water,Natural Gas,Sewer,Telephone

Building Specifications

Foundation Type
---
Roof
None
Exterior Finish
---
Flooring
Other
RE/MAX Commercial

Garage & Parking

Garage
Y
Details
Underground 32 Spaces as per Design. 8 Exterior Spaces.

Sales History

Halifax Regional Municipality Data

Zoning
R-2P
By-Law Code: 9
By-Law Area
Halifax Mainland
By-Law Code: HMAIN
Polling District
Halifax - Bedford Basin West
Concillor: Kathryn Morse
Waste Collection
WEDNESDAY
Contractor: REgroup

Demographic Data

Demographic data is based on the dissemination area that contains the listing parcel . Dissemination Areas are small areas composed of one or more neighbouring dissemination blocks. All of Canada is divided into dissemination areas. Data source: Environics Analytics via ArcGIS Online, 2021

Population Size

466

Median Age

36.1

Avg Household Size

1.9

Avg House Income

$71K

The number of people for each age range.

How the population of this area is expected to change.

The highest level of education obtained by people within this area.

The maritial status of the people in this area.

The average household income within this area.

The number of people that rent versus own.

When the buildings in the area were constructed.

The number of children at home for the given age ranges.

The occupations of the people living here.

Tax Assessment

Year Amount % Change
2024 $422,600 ---
2023 $364,000 ---
2022 $281,100 ---
2021 $234,300 ---
2020 $234,100 ---
2019 $233,300 ---
2018 $232,400 ---
2017 $237,500 ---
2016 $234,800 ---
2015 $233,300 ---
2014 $227,300 ---
2013 $218,800 ---
2012 $218,700 ---

Maps

Last Updated On: 7/17/2024 8:31:37 AM (UTC)