1426 St Margarets Bay Rd - Residential LAND FOR SALE


Lakeside, NS B3T 1A8 3,702,600 SF
$7,500,000 CAD
902-492-2065
1426 St Margarets Bay Rd, Lakeside, NS for Sale
$7,500,000 CAD
Residential LAND - FOR SALE
1/5
3,702,600 SF

1426 St Margarets Bay Rd
Lakeside, NS B3T 1A8


HIGHLIGHTS

  • Direct access off St. Margaret’s Bay Road.
  • Within minutes of Bayer’s Lake and Peninsula Halifax, Beechville is an exceptional community for residential development.

OVERVIEW

On behalf of the Owner, CBRE Limited (“Exclusive Agents”) is pleased to offer for sale a ±85.0 acre parcel of residential development land in Beechville, NS. Located between Bayer’s Lake Park and the Links of Brunello, this suburban location is close to amenities, major employment nodes including Lakeside Business Park, and highway connections to the broader Halifax community. The neighbourhood features a number of family friendly amenities including several schools, a wide variety of shopping and professional services in the local community and nearby Bayer’s Lake Park, as well as recreational amenities including ballfields and the nearby golf courses. The Property is a short walk from the new Beechville - Lakeside recreation centre currently under construction. The community is served by the BLT multi-purpose recreational trail and a wide range of recreational options in the successful Links of Brunello community. Despite immigration headwinds, we continue seeing demand for all residential housing options given historic shortfalls of new construction in comparison to population growth. Halifax continues to see strong market fundamentals locally with declining interest rates supporting stronger financing options. Located in a popular and growing suburban area, the lands offer a variety of options for redevelopment into a residential community. As shown herein, we believe a concept showing ±150 single family lots with a mix of multifamily units can be achieved on the lands.

FOR SALE DETAILS

PRICE

$7,500,000 CAD

PRICE/ACRE

$88,235/AC

PRICE/SF

$2 CAD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

-

LAND ACRES

85 AC

LAND SF

3,702,600 SF

OFFSITE IMPROVEMENTS

-

ZONING

BCDD

APN/PARCEL ID

40050122,40162539

ASK ABOUT THIS PROPERTY

902-492-2065

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902-492-2065

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