Key Facts
- MLS® #: 202509233
- Property ID: SIRC2395966
- Property Type: Residential, Other
- Lot Size: 22.18 ac
- Listed By:
- Royal LePage Cumberland Realty Ltd.
Property Description
DEVELOPMENT OPPORTUNITY IN AMHERST! Here is your opportunity to secure one of the last remaining large blocks of land within the town of Amherst with access to municipal water and sewer! The current owner has invested both time and money into the preliminary development work for this project including having the professional planning work completed with elevations and layout of municipal water and sewer done by a local engineering firm which are available upon request. A huge time saver! The vision for this property was to diversify the development with a hybrid of 10 parcels dedicated to cater to the ever growing demand for 4-units rentals in the area and 21 generously-sized single family home parcels. The 4-unit parcels could be accessed off of Willow Street with the single family parcels essentially being an extension of the highly sought after, family oriented Oceanview Drive which is a stones throw from Amherst Regional High School and a short walk to elementary and middle schools. As an added bonus, the land has already been cleared for phase one of this development. The land mass will consist of the majority of the 17.7 acre parcel 25002023 and will also include approximately 5 acres of PID 25443672 along the South East boundary to allow for water and sewer. There is an option to purchase more land if a development of a larger scale was in mind or even a potential partnership with the current owner on future multi-unit construction!
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Location
142 Willow Street, Amherst, Nova Scotia, B4H 3W5 Canada
Around this property
Information about the area within a 5-minute walk of this property.
- 18.98% 35 to 49 years
- 18.55% 50 to 64 years
- 16.84% 65 to 79 years
- 14.63% 20 to 34 years
- 7.67% 10 to 14 years
- 7.36% 80 and over
- 7.16% 15 to 19
- 4.9% 5 to 9
- 3.9% 0 to 4
- Households in the area are:
- 67.8% Single family
- 27.99% Single person
- 4.21% Multi person
- 0% Multi family
- $109,786 Average household income
- $48,901 Average individual income
- People in the area speak:
- 95.56% English
- 1.14% French
- 0.57% Korean
- 0.57% English and non-official language(s)
- 0.55% English and French
- 0.49% Punjabi (Panjabi)
- 0.29% Hindi
- 0.29% Spanish
- 0.27% Tagalog (Pilipino, Filipino)
- 0.27% Yue (Cantonese)
- Housing in the area comprises of:
- 62.75% Single detached
- 17.23% Apartment 1-4 floors
- 10.18% Row houses
- 5.7% Semi detached
- 4.14% Duplex
- 0% Apartment 5 or more floors
- Others commute by:
- 4.37% Other
- 3.93% Foot
- 0% Public transit
- 0% Bicycle
- 26.41% High school
- 21.6% College certificate
- 19.71% Did not graduate high school
- 14.69% Bachelor degree
- 9.34% Trade certificate
- 5.17% Post graduate degree
- 3.07% University certificate
- The average air quality index for the area is 1
- The area receives 383.03 mm of precipitation annually.
- The area experiences 7.39 extremely hot days (27.27°C) per year.
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- Principal and Interest $3,296 /mo
- Property Taxes n/a
- Strata / Condo Fees n/a