3 & 5 Bruce Street, Dartmouth, (MLS® 202408977) RE/MAX nova
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3 & 5 Bruce Street, Dartmouth

0 0 1 sqft
$3,200,000 For Sale

Description

Prime investment opportunity with the best location possible! Right on the corner of Woodlawn Rd and Bruce St, Dartmouth. The land is located right off Portland street after highway 111.This prime parcel of land features a commercial building and a house, both currently leased on month-to-month agreements. But the real gem lies in the future development plans: 78 residential units and commercial spaces. With approval expected by mid-May 2024, this development promises a lucrative return. This project qualifies (100%) for the affordable housing program. Situated near all amenities, in an area surrounded by Senior complexes, with a bus stop at the doorstep and another on Portland Street just around the corner, it offers unparalleled accessibility. The proposed development agreement boasts 7 floors, 40 parking spots, and approximately 8500 sq/ft of commercial space on the ground floor. Don't miss this chance to secure a piece of Dartmouth's future while enjoying immediate rental income. Contact us today to seize this exceptional opportunity! Properties are sold as is.

Listing Details

Address
3 & 5 Bruce Street, Dartmouth, B2W 1L3

Status
ACTIVE
Listing Price
$3,200,000
MLS®
202408977
Type
n/a
Style
---
Age
63
Square Footage (MLA)
01  ft2
Total Fin SqFt (TLA)
01  ft2
PID
00226472

Water
Municipal
Sewer
---
Utilities
---

Building Specifications

Foundation Type
---
Roof
Asphalt Shingle
Exterior Finish
---
Flooring
Other
RE/MAX Commercial

Garage & Parking

Garage
N
Details
---

Sales History

Halifax Regional Municipality Data

Zoning
R-1
By-Law Code: 4
By-Law Area
Dartmouth
By-Law Code: DART
Polling District
Harbourview - Burnside - Dartmouth East
Concillor: Tony Mancini
Waste Collection
TUESDAY
Contractor: REgroup

Demographic Data

Demographic data is based on the dissemination area that contains the listing parcel . Dissemination Areas are small areas composed of one or more neighbouring dissemination blocks. All of Canada is divided into dissemination areas. Data source: Environics Analytics via ArcGIS Online, 2021

Population Size

477

Median Age

51.2

Avg Household Size

2.2

Avg House Income

$86K

The number of people for each age range.

How the population of this area is expected to change.

The highest level of education obtained by people within this area.

The maritial status of the people in this area.

The average household income within this area.

The number of people that rent versus own.

When the buildings in the area were constructed.

The number of children at home for the given age ranges.

The occupations of the people living here.

Tax Assessment

Year Amount % Change
2024 $559,800 ---
2023 $492,900 ---
2022 $428,800 ---
2021 $349,800 ---
2020 $339,100 ---
2019 $338,500 ---
2018 $336,200 ---
2017 $329,900 ---
2016 $328,600 ---
2015 $324,100 ---
2014 $311,800 ---
2013 $306,400 ---
2012 $289,600 ---

Maps

Last Updated On: 5/2/2024 11:44:27 AM (UTC)