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361 Highway 2 Enfield, Nova Scotia B2T 1E1

$1,399,000

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 PIDs 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 Scotia?s most sought-after suburban markets. Don't miss your chance to capitalize on the booming real estate market in the corridor! (id:45785)

Property Details

MLS® Number 202506794
Property Type Other
Community Name Enfield
Amenities Near By Park, Playground, Place Of Worship
Community Features Recreational Facilities
Structure Shed

Building

Appliances Washer
Constructed Date 1879
Exterior Finish Vinyl
Flooring Type Hardwood, Laminate, Vinyl
Foundation Type Block
Type Other
Utility Water Municipal Water

Parking

Gravel

Land

Acreage No
Land Amenities Park, Playground, Place Of Worship
Sewer Municipal Sewage System
Size Irregular 0.9229
Size Total 0.9229 Ac
Size Total Text 0.9229 Ac

https://www.realtor.ca/real-estate/28119614/361-highway-2-enfield-enfield

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Jack Evans

(902) 299-4111

Sutton Group Professional Realty
3845 Joseph Howe Drive
Halifax, Nova Scotia B3L 4H9

(902) 453-5552
(902) 455-8663
www.suttonhalifax.ca/