Primary photo of 3342/46/52 Westerwald Street, Fairview
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Vacant Land For Sale

$4,375,000

3342/46/52 Westerwald Street

MLS® Number: 202523630

Land Size

0.548

About This Property

Exceptional development opportunity in Halifaxs Fairview district! 3342, 3346 & 3352 Westerwald Street comprise three contiguous parcels totaling 23,862 sq. ft., perfectly positioned just off Dutch Village Road with swift access to Highway 102, Joseph Howe Drive and the MacKay Bridge. Zoned C-2C, the site supports mixed-use or residential development up to 20 m in height and 75% lot coverage, allowing a range of building forms and future flexibility. A professional architectural capacity study confirms the potential for an 80-unit, 80,252 sq. ft. building with 52 well-proportioned one-bedroom and 28 two-bedroom layouts, plus underground parking and optional ground-floor commercial space, all thoughtfully designed within current code and zoning parameters. Each parcel is improved with a single-family home, offering immediate rental income while developers prepare permit applications, finalize designs, or pursue financing and partnerships. Priced at $4,375,000approximately $183.50 per sq. ft. of land and $54.50 per buildable sq. ft.this opportunity is attractively positioned below recent C-2C and COR land sales along Bayers Road and Dutch Village Road, several of which lacked architectural studies or evidence of true feasibility. Westerwald Street offers a quieter residential setting just steps from an area undergoing significant revitalization, including upgraded streetscapes, active-transportation corridors, new retail and mixed-use investmentall enhancing long-term rental and condominium demand. For developers or investors seeking scale, verified buildability, interim cash flow and exceptional upside in one of Halifaxs most dynamic urban growth corridors, 33423352 Westerwald Street is a rare chance to secure a high-confidence project with both near-term holding income and outstanding future potential.

Property Details

Land & Location

City Region

Fairview

Lot Features

Level lot

Lot Size Area

0.5478 acres

Lot Size Dimensions

0.5478

Parcel Number

00189597

Postal Code

B3N2R7

Listing & Financials

Listing Office

Century 21 Optimum Realty

Originating System Name

Nova Scotia Association of REALTORS®

Other Specifications

Common Interest

Freehold

Country

Canada

Mortgage Calculator

20% ($875,000)
5.5%
25 Years

Estimated Monthly Payment

$21,493

Principal and interest only. Actual rates may vary.

Location & Map

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List Property3342/46/52 Westerwald Street - Vacant Land for Sale in Fairview, Nova Scotia | MLS® 202523630