Homes For Sale: Canada Nova Scotia Halifax 3342 WESTERWALD STREET
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$4,375,000 CAD

3342 WESTERWALD STREET
Halifax, Nova Scotia B3N 2R7
Canada
Residential For Sale, Multi Family
Land size: 0.223 ha :: 0.55 acres
Sale price per sqm: 0
CENTURY 21 Optimum Realty
24 Logiealmond Close, Unit 24
Dartmouth, Nova Scotia B3B0C8, Canada
Phone: 902-817-8178

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Remarks:

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. (id:42016)

Features:

  • Year Built: 2025

Location:

3342 WESTERWALD STREET, Halifax, Nova Scotia B3N 2R7, Canada
Listed By CENTURY 21 Optimum Realty

The Residential For Sale, Multi Family located at 3342 WESTERWALD STREET, Halifax, Nova Scotia B3N 2R7, Canada is currently for sale. 3342 WESTERWALD STREET, Halifax, Nova Scotia B3N 2R7, Canada is listed for $4,375,000 CAD. If the property located at 3342 WESTERWALD STREET, Halifax, Nova Scotia B3N 2R7, Canada isn't what you're looking for, search Nova Scotia Real Estate to see other Homes For Sale in Halifax.

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