
Vacant Land For Sale
$4,375,000
MLS® Number: 202523630
Land Size
0.548
Vacant Land For Sale
$4,375,000
Land Size
0.548
3342/46/52 Westerwald Street, Fairview, Nova Scotia
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
Listed By
Century 21 Optimum Realty
Mortgage Calculator
Estimated Monthly Payment
$21,493
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$21,493
Principal and interest only. Actual rates may vary.