1948 Shore Road

Eastern Passage · MLS® 202625256

3 sq ft lot · Land · Vacant Land · 18 days on market

listed by Margaret Craig, Engel & Volkers

realtor's description

Welcome to 1948 Shore Road, an incredible 3.04-acre development opportunity situated just 25 minutes from downtown Halifax and four minutes from the heart of Eastern Passage. Offering dual street access via Shore Road and Chater Street, this versatile parcel sits in a quiet, family-friendly neighborhood within walking distance of all school levels and the Atlantic Ocean right across the street. Currently zoned R-1, the site provides potential to revive a previously approved 10-unit residential subdivision or re-imagine the lot as a multi-unit or condominium development. The property is serviced by municipal services and Nova Scotia Power and includes a vacant home in "as-is" condition that will need to be demolished at the buyer's expense, as well as a detached garage. This rare opportunity in Eastern Passage is ready for your next development.

property details

type: Land, Vacant Land
lot: 3 sq ft
parking: 0
days on market: 18
MLS®: 202625256

features

Level lot
Treed
Partially cleared

monthly cost

$3,485/mo

Mortgage $3,485

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment

$3,485/ monthly

loan $639,920

25-year amortization

down payment20% · $159,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $405,606
cash to close: $159,980; down payment; transfer tax and fees not included
total paid: $1,045,526

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.