21 Autumn Drive, Spryfield, NS B3R 1G8

Property Description

A rare, permit-advanced mid-rise opportunity in one of Halifax's fastest-growing, supply-tight submarkets. Development permit in hand for a 3-storey, 40-unit building (32,300 buildable sq ft) over one level of underground parking (40 spaces). The site suits an efficient mid-size wood-frame build and enjoys treed views to the rear — a genuine differentiator. Add a rooftop amenity space to set the product apart from anything nearby and drive rents. Holding income while you plan: the existing house on site generates close to $4,000/month, offsetting carrying costs through the pre-construction and approvals period. The adjacent 19 Autumn Drive is also available and can share this building's parking and amenities — an opportunity to assemble a larger pipeline. Strong pro forma with potential CMHC MLI Select eligibility (including the energy-efficiency stream). Vendor take-back (VTB) financing may be available to qualified purchasers, subject to buyer covenant and background. Full pro forma and development package available to qualified buyers. Offered at $1,050,000. 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.