19 Autumn Drive, Spryfield, NS B3R 1H2

$350,000

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List Price
$350,000
Status
ACTIVE
MLS#
202616868
Lot Size (Acres)
0.1766

Property Description

Build your portfolio in one of Halifax's fastest-growing, supply-tight submarkets. This is an excellent site for an 8-to-10-unit rental development, with the development permit process underway — a de-risked, permit-advanced entry into a high-demand market where rental vacancy remains among the tightest in the country. Its real value is in the pairing: 19 Autumn can share the underground parking and amenities of the adjacent 21 Autumn Drive (also available), improving construction economics, management efficiency, and overall feasibility. Buy it alongside 21 Autumn to control the assembly, or as a standalone infill play. Strong pro forma with potential to qualify for CMHC MLI Select financing incentives, including the energy-efficiency stream. Vendor take-back (VTB) financing may be considered for qualified purchasers, subject to buyer covenant and background. Full pro forma and development package available to qualified buyers. Offered at $350,000. Land assembly: all three sites (19 & 21 Autumn Drive and 22 McIntosh Street) are also available together for $1,700,000. Visit the Realtors website for more information.

Additional Information

Area
Halifax - Dartmouth
Features
Under 0.5 Acres
Utilities
Cable Connected, Electricity Connected, High Speed Internet, Phone Connected, To Be Verified
Sewer
Municipal, To Be Verified
Elementary School
Rockingham Elementary School
Middle School
Elizabeth Sutherland School
High School
JL Ilsley High School

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Calculator source: Real Geeks

Listing courtesy of INNOVATIVE REAL ESTATE LTD - A507.