For Sale: 1268 Cole Harbour Road, Cole Harbour, NS

About this home

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. (id:63626)

Listed by: Sheila Banser, Royal LePage Atlantic

Home facts and features

Price details

List Price

$1,575,000

Home facts

Bedrooms

Full Bathrooms

Parking Details

Paved Yard

Property Type

Land/Lot

Lot Size

1.03 acres

Depth

Title

Freehold

Features

Partially cleared

Agent details

Primary Agent

Sheila Banser

Primary Broker

Royal LePage Atlantic

Secondary Agent

Ryan Banser

Secondary Broker

Royal LePage Atlantic

Listing details

Days on REW

70 Days

MLS® Number

202605992

Source

Canadian Real Estate Association

Board

Nova Scotia Association of REALTORS®

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Property Insights

Schools nearby

10 Schools are within 169km

Marshview Middle School

n/a
5 - 8
In Catchment

Salem Elementary School

n/a
K - 4
In Catchment

Sackville Christian Academy

n/a
K - 12
In Catchment

Tantramar Regional High School

n/a
9 - 12
In Catchment

Riverside Consolidated School

n/a
K - 5
In Catchment

Dorchester Consolidated School

n/a
K - 8
In Catchment

Port Elgin Regional School

n/a
K - 8
In Catchment

Caledonia Regional High School

n/a
6 - 12
In Catchment

Hillsborough Elementary School

n/a
K - 5
In Catchment

École Abbey-Landry

n/a
K - 8
In Catchment

1268 Cole Harbour RoadCole Harbour, NS, B2V 1N3