Lot 4A Chili Drive

Porters Lake · MLS® 202626109

Condo · Multi-family · 5 days on market

listed by Sean Thomas, RE/MAX Nova

realtor's description

Development Opportunity for 9 Multi Unit Townhouses in Porters Lake. Welcome to Lot 4A Chili Drive, a 3-acre development site in the heart of Porters Lake. This rare opportunity offers everything a developer needs to get started: the land is cleared, pad-ready, and building plans are completed for nine spacious 2-bedroom, 2-bathroom townhouse-style units perfect for the high demand for one-level living. Situated just steps from all the amenities at Porters Lake Plaza, this property offers dual access via Station Road and Plaza View Drive, with year-round maintenance on the private road. Porters Lake is a growing community within the HRM, prized for its peaceful setting and unbeatable location just 15 minutes to Dartmouth, 25 to downtown Halifax, and 40 to Halifax Stanfield International Airport. Surrounded by lakes, beaches, and provincial parks, this is the ideal blend of country charm and city convenience. Dont miss this shovel-ready investment opportunity in a thriving market.

property details

type: Condo, Multi-family
parking: 0
days on market: 5
MLS®: 202626109

features

School Bus
Recreational Facilities

monthly cost

$2,614/mo

Mortgage $2,614

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

estimated payment

$2,614/ monthly

loan $479,920

25-year amortization

down payment20% · $119,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $304,192
cash to close: $119,980; down payment; transfer tax and fees not included
total paid: $784,112

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