1268 Cole Harbour Road

Key facts

• Property type: Other
• Transaction: For Sale
• Price: class="container" id="details-container",575,000
• Lot size: 1.0314
• Year built: 1964
• Listing key: 29553032

Listing overview

Attention Developers! Welcome to 1268 Cole Harbour Road, a rare opportunity to acquire a 1+ acre parcel (44,928 sq ft) consisting of two PIDs on a main thoroughfare. A Development Agreement is already secured and in place for 46 units total, comprised of a 30-unit building with underground parking and 8 townhomes each containing a second unit for a combined 16 units. The heavy lifting has been done for you with the Development Agreement already secured, making this a prime investment in this tenant-friendly location just minutes from everyday amenities, schools, public transportation, the Salt Marsh Trail, and Rainbow Haven Beach. As a bonus, the property currently features a two-unit home offering holding income while you plan your build, along with a large Quonset hut garage. Opportunities like this, where the entitlements are secured, the location is proven, and the vision is already...