Lot Waverley Road $8,167,500

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    Lot Waverley Road Waverley, NS B2R 1W6

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    $8,167,500

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    • 150.00 Acres
    • Land
    • Listing# 201923540
    • EVID# AM-157414
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    Views: 327 Days On Market: 242

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    Property Details

    Unique Development Opportunity adjacent to Burnside Industrial / Business Park Nova Scotia. This approximately 150 acres of land is the last privately-owned land neighboring Phase 13 of Burnside Business Park. The land contains two separate zoning; R-7 Rural Estate and I-2 Industrial. Listed for $1.25/square foot, consider development costs of $2.50/square foot on average and compared to recent HRM sales around $6.00/square foot. The potential returns are considerable. Potential development presents numerous options such as a residential subdivision for Executives/Work force that work in the Park or, the entire lot could be converted to I-2 Industrial for selling ready use lots with store front and/or, a mix of both zoning to accommodate some residential/some commercial. Due to the proximity of the highway, this area would make an easy commute to work, ease of access to health services or other amenities. Part of the land backs on the Shubenacadie Canal System and Lake William, imagine building a small retirement community within the subdivision where, mom and dad can be close to the Grand Parents and just a simple retirement community with access to the Canal System and the Lake. This opportunity is a gem for the right investor.

    • General Features
      • Community Waverley
      • County Halifax
      • District 30-Waverley, Fall River, Oakfiel
      • Waterfront Yes
      • Water Frontage Lake
    • Building Features
      • Sewage Disposal None
      • Utilities None
      • Water Source None
    • Property Features
      • Driveway Parking None
      • Land Features Hardwood Bush, Softwood Bush, Wooded/Treed
      • Approx Total Acres 150
      • Lot Size 150Acres
      • Property Size 100

    Contact

    Sebastien Latulippe

    Sebastien Latulippe

    REALTOR® / License Partner

    Engel & Völkers Halifax

    Cell: 902-220-4000

    Neighborhood

    B2R 1W6 (Waverley) Demographics

    48 Median Age
    118 Population Density (per sq. mile)
    N/A College Educated
    $97,547 Estimated Median Income
    705 Estimated Total Home Owners
    4,505 Estimated Total Renters
    87% / 14% Estimated Owner / Renter Divide
    N/A Estimated Average Household Size
    2,843 Total Population
    Community data courtesy of LiveBy, Inc.

    Property History

    Date Event Price Percent Change
    -- Current Price Source New Value: $8,167,500
    10/4/2019 2:25:00 PM New in Database Source

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    **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
    Information is provided in part by the IDX program of the Nova Scotia MLS®. All information provided is deemed reliable but is not guaranteed and should be independently verified.

    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.