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34 Craigmore Drive
homes for sale · Halifax
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$2,695,000

34 Craigmore Drive

Halifax · MLS® 202623055

1 sq ft lot · Land · Vacant Land · 43 days on market

listed by Byron Kavanagh, Red Door Realty

realtor's description

A rare opportunity to acquire two adjoining properties in Halifax's sought-after Mainland area, offered together as one exceptional development package. 34 Craigmore Drive and Lot 3B Craigmore Drive have been rezoned to R-3 under the Halifax Mainland Land Use By-law, creating a premier opportunity for multi-unit residential development. Together, the properties offer as-of-right development potential for up to 38 residential units (buyer to verify), with the possibility of achieving even greater density through the Development Agreement (DA) process, subject to municipal approval. Whether you're an established developer or an investor looking to secure your next project, opportunities of this scale and zoning are becoming increasingly difficult to find. Adding to the property's appeal, 34 Craigmore Drive includes an existing vacant single-family home, providing the option for interim rental income, project staging, or holding flexibility while development plans and permits are finalized. Strategically positioned in a growing Halifax neighbourhood with excellent access to major transportation routes, shopping, schools, parks, and amenities, this is an outstanding opportunity to capitalize on the continued demand for housing in one of Atlantic Canada's strongest real estate markets. Development opportunities with this combination of location, zoning, scale, and holding potential are exceptionally rare. Contact your REALTOR® today for additional information.

property details

type
Land, Vacant Land
lot
1 sq ft
parking
0
days on market
43
MLS®
202623055

features

  • Level lot
  • Treed
  • Partially cleared

monthly cost

$11,742/mo
Mortgage $11,742

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

estimated payment
$11,742/ monthly
loan $2,156,000
25-year amortization
total interest
$1,366,557
cash to close
$539,000
down payment; transfer tax and fees not included
total paid
$3,522,557

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

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Byron Kavanagh
Red Door Realty
call Byron · 902-293-4693
Powered by: REALTOR.ca

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location

HalifaxGoogle Maps ↗

location

HalifaxGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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