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20
361 Highway 2
$1,399,000 Sale
Listed 136 days ago
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Key Facts
Key facts for 361 Highway 2
Property Type
Lots/Land
Parking
Garage: No, 0 parking
MLS #
202506799
Size
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Basement
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Listed on
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Lot size
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Tax
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Days on Market
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Year Built
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Maintenance Fee
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Description
Fantastic Development Opportunity in Enfield! Calling all developers and investors! Nestled in East Hants South Corridor & Commercial Growth Management Area, with 257ft of road frontage on Highway 2, this ~1acre lot offers incredible potential for residential development. Currently zoned R2, both PI...Ds permit the construction of a duplex on each property. However, with strategic subdivision, the site could accommodate up to 8 units across 4 duplexes. For those seeking higher density, the presence of an adjacent R3-zoned lot strengthens the case for rezoning to R2-T or R3, which could open the door to a larger-scale development. A successful development agreement with the municipality could allow for up to 16 townhomes or, a 24-unit multiplex. There is a century home currently on the property, with lots of recent updates, it could provide income during the permitting and approval process. Just 10min from the Halifax Stanfield International Airport, 25min from Burnside and 35min to Truro, in a rapidly expanding area with strong support for growth, this property presents a superb investment opportunity in one of Nova Scotias most sought-after suburban markets. Don't miss your chance to capitalize on the booming real estate market in the corridor! (id:10452)
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Listing courtesy of: Sutton Group Professional Realty
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