Multi-Unit Residential development site located in the sought after town of Wolfville, NS, home to a vibrant culture, Acadia University and only 90km to Halifax. The site is 4.19 acres, holding potential for up to 75 units (through DA) or up to 115 units (with upzoning and DA). The lot has road access off Borden Drive and frontage on Gaspereau Avenue plus access to municipal water, sewer and stormwater. Lot survey, topographical survey and appraisal on file for qualified buyers. This site provides an excellent opportunity to leverage incoming government incentives to increase housing supply. The vendor is an experienced builder with a track record of completing multi-unit residential developments (including DA process) within the Town of Wolfville. Vendor is open to partnering with an investor to complete the development of the site, inquire for details on partnership opportunities. The development located at 215 Gaspereau Avenue, Wolfville (across the street from this site) was completed by the vendor in recent years. Buyer to verify planning procedures with the Town of Wolfville.
Listing Sub-Area:
Kings County
Property Type:
Vacant Land
Land Type:
Vacant Lot(s)
Title To Land:
Freehold
Prop Size:
3 to 9.99 Acres
Lot Size:
4.192 acre(s)1.696 hectare(s)
Zoning:
R3
Water Supply:
Municipal, To Be Verified
Sewer:
Municipal, To Be Verified
Utilities:
Cable, Electricity, High Speed Internet, Telephone
Data was last updated December 7, 2023 at 03:20 PM (UTC)
Area Statistics
Listings on market:
107
Avg list price:
$85,000
Min list price:
$21,900
Max list price:
$2,000,000
Avg days on market:
120
Min days on market:
1
Max days on market:
2,702
These statistics are generated based on the current listing's property type
and located in
Kings County. Average values are
derived using median calculations.