For Sale $4,375,000 3342/46/52 Westerwald Street, Halifax, NS Book Showing

Overview

Property Type Over 12 Units

Description

Exceptional development opportunity in Halifax’s Fairview district! 3342, 3346 & 3352 Westerwald Street comprise three contiguous parcels totaling 23,862 sq. ft., perfectly positioned just off Dutch Village Road with swift access to Highway 102, Joseph Howe Drive and the MacKay Bridge. Zoned C-2C, the site supports mixed-use or residential development up to 20 m in height and 75% lot coverage, allowing a range of building forms and future flexibility. A professional architectural capacity study confirms the potential for an 80-unit, 80,252 sq. ft. building with 52 well-proportioned one-bedroom and 28 two-bedroom layouts, plus underground parking and optional ground-floor commercial space, all thoughtfully designed within current code and zoning parameters. Each parcel is improved with a single-family home, offering immediate rental income while developers prepare permit applications, finalize designs, or pursue financing and partnerships. Priced at $4,375,000—approximately $183.50 per sq. ft. of land and $54.50 per buildable sq. ft.—this opportunity is attractively positioned below recent C-2C and COR land sales along Bayers Road and Dutch Village Road, several of which lacked architectural studies or evidence of true feasibility. Westerwald Street offers a quieter residential setting just steps from an area undergoing significant revitalization, including upgraded streetscapes, active-transportation corridors, new retail and mixed-use investment—all enhancing long-term rental and condominium demand. For developers or investors seeking scale, verified buildability, interim cash flow and exceptional upside in one of Halifax’s most dynamic urban growth corridors, 3342–3352 Westerwald Street is a rare chance to secure a high-confidence project with both near-term holding income and outstanding future potential.

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Neighborhood Information

Halifax, NS

Halifax, Nova Scotia is a vibrant city with a rich history and a strong sense of community. It's located on the eastern coast of Canada and is known for its scenic waterfront, historic architecture, and lively arts scene. The city is surrounded by natural beauty, with numerous parks, beaches, and hiking trails, making it a great place for outdoor enthusiasts. The downtown area is full of trendy shops, restaurants, and bars, offering a variety of entertainment options. On the downside, the cost of living is higher than in some other Canadian cities, and the weather can be unpredictable, with cold winters and foggy summers.

One of the city's main attractions is the historic Citadel Hill, a star-shaped fort that offers panoramic views of the city. The Halifax Public Gardens, a Victorian-era garden, is another popular spot, as is the Maritime Museum of the Atlantic, which features exhibits on the city's maritime history. Halifax is also home to several universities, including Dalhousie University and Saint Mary's University, adding a youthful energy to the city.

The city's population is approximately 403,131, making it the largest city in Atlantic Canada.

City Score
85

Compared to other cities in Canada, Halifax offers a unique blend of history, culture, and natural beauty, making it a desirable place to live. The city's strong sense of community, vibrant arts scene, and numerous outdoor activities contribute to its appeal. However, the higher cost of living and unpredictable weather can be drawbacks. Overall, the city scores a 85 out of 100.

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School Score
88

The education system in Halifax is highly regarded, with a range of quality public and private schools, as well as several universities. Compared to other Canadian cities, Halifax scores an 88 out of 100 for its schools.

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Entertainment Score
80

Halifax offers a variety of entertainment options, from its lively arts scene to its numerous bars and restaurants. Noteworthy options include Neptune Theatre, the oldest professional theatre company in Canada, and The Oval, a large outdoor skating rink. The city scores an 80 out of 100 for entertainment.

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Activity Score
90

Halifax offers a range of outdoor activities, from hiking trails to beaches, making it a great city for nature lovers. Compared to other Canadian cities, Halifax scores a 90 out of 100 for outdoor activities.

Walk Score - 86%

About Your Relator®

Meet Jessica Mugford, a dynamic and enthusiastic Realtor® based in the heart of Sydney, NS. Born and raised in this picturesque coastal city, Jessica brings a deep-seated passion and a comprehensive understanding of the local market to her role. Her journey in real estate began at RE/MAX Park Place, where she served as an administrative professional specializing in contract review. This experience has provided her with invaluable insights into the industry, enhancing her expertise in managing real estate transactions with finesse.

Jessica's love for travel has broadened her perspective, allowing her to appreciate diverse lifestyles and housing needs, making her an ideal advisor for clients seeking to navigate the complexities of the real estate market. Coupled with her exceptional customer service skills, Jessica is committed to offering personalized and effective real estate solutions.

With deep rooted entrepreneurial ties to the community, Jessica has the foresight to recognize independent real estate opportunities, propose growth strategies and guide her clients through effective and efficient closing processes.

With Jessica Mugford, you can expect nothing less than a professional, tailored approach.


Phone: (902) 322-1684

Email: jessicamugford@remax.net

Office: Sydney

Similar Properties

Properties within the same area, priced within 20% of the listing will be evaluated on several key factors including the number of bathrooms, bedrooms, additional features, and price per square foot and several other factors. Using these comprehensive comparisons, we derive a Similarity Score to help you find the best match.

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Property Details

On Market Date2025-09-18T10:09:52.3
StatusACTIVE
Price$4,375,000.00
Year Built2025
NeighborhoodHalifax - Dartmouth
LocationLat: 44.653222, Lng: -63.631689
Square Feet0.00
Lot Size6,912.00
Parking Features40 Spaces as per Design. (32 Interior/8 Exterior)
HeatingNone
CoolingNone
SewerMunicipal
RoofOther
FlooringConcrete
Lot Features23862
Community FeaturesGolf Course,Park,Playground,Public Transit,School Bus Service,Shopping
Association Fee0.00
Listing Office Name2385
Listing AgentKeith Kenny
Listing Agent Contactkeith.kenny@century21.ca
MLS®202523628
All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice.
No representation is made as to the accuracy of any description. All measurements and square footages are approximate and all information should be confirmed by customer.

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