
Vacant Land For Sale
$1,699,000
MLS® Number: 202605992
Land Size
1.031
Vacant Land For Sale
$1,699,000
Land Size
1.031
1268 Cole Harbour Road, Cole Harbour, Nova Scotia
About This Property
Attention Developers! Welcome to 1268 Cole Harbour Road, a rare opportunity to acquire a 1+ acre parcel (44,928 sq ft) consisting of two PIDs on a main thoroughfare. A Development Agreement is already secured and in place for 46 units total, comprised of a 30-unit building with underground parking and 8 townhomes each containing a second unit for a combined 16 units. The heavy lifting has been done for you with the Development Agreement already secured, making this a prime investment in this tenant-friendly location just minutes from everyday amenities, schools, public transportation, the Salt Marsh Trail, and Rainbow Haven Beach. As a bonus, the property currently features a two-unit home offering holding income while you plan your build, along with a large Quonset hut garage. Opportunities like this, where the entitlements are secured, the location is proven, and the vision is already laid out, are exceptionally rare in today's market. Don't miss your chance to move on this investment and bring 46 units to life.
Property Details
Building & Exterior
Parking Features
Paved Yard
Land & Location
City Region
Cole Harbour
Lot Features
Partially cleared
Lot Size Area
1.0314 acres
Lot Size Dimensions
1.0314
Parcel Number
00406702
Postal Code
B2V1N3
Listing & Financials
Listing Office
Royal LePage Atlantic
Originating System Name
Nova Scotia Association of REALTORS®
Other Specifications
Common Interest
Freehold
Country
Canada
Listed By
Royal LePage Atlantic
Mortgage Calculator
Estimated Monthly Payment
$8,347
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$8,347
Principal and interest only. Actual rates may vary.