Lot 2 Highway, Milford, NS

$299,500

Previous Next

1.43

Acres

About Lot 2 Highway

Development Opportunity in Milford! This 1.4 acre lot with driveway is level, cleared and ready for your next project. In areas where municipal sewer is available, the current zoning of R2 permits two 2-unit dwellings (4 residential units) on a min. lot size of 9903 sq. ft. This lot is 4x the required size with potential for up to four 2-unit dwellings (8 residential units) with proper permissions in place for private lane or shared driveways. See docs on file for the current municipal planning strategy as it pertains to secondary units being permitted as additional living space (backyard suite/apartment). This could offer potential for 4 additional units. With over 350 feet of direct frontage on Hwy 2, there is also an opportunity for further subdivision of this lot. There is municipal sewer in the area that will need to be extended for services to reach the property. See photo on file for approx. locations of the closest manhole cover & sewer main. Municipal water is not available. A recent hydrogeologic study indicates that there is ample to support the anticipated residences without affecting any of the surrounding properties. A shared drilled well would make the most sense, but multiple wells would also be an option. This document is on file and available for review. R2 zoning permits homebased businesses, daycares and accommodations and with council approval, offices, professional services and retail businesses may be permitted. Accessory buildings of up to 1500 sq. ft. are permitted as of right. This is an ideal location for a small scale residential development with up to 12 rental units (as described above). The cost of connecting to municipal sewer would need to be explored and weighed against the significant long term income benefits this property could provide. East Hants is experiencing tremendous growth with great schools, rec centre, retail businesses, heath care and restaurants. The new Hwy 102 interchange in Lantz is just 4 minutes down the road.

Features of Lot 2 Highway

MLS® # 202517454
Price $299,500
Acres 1.43
Type Land
Sub-Type Unimproved Land
Status Active

Community Information

Address Lot 2 Highway
Area Halifax - Dartmouth
District 105-East Hants/Colchester West
Sub-District 105-A
City Milford
County Hants
Province NS
Postal Code B0N 1Y0

Amenities

Utilities None
Parking Dirt
Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Lot Description Cleared, Level, 1 to 2.99 Acres

Additional Information

Zoning R2

Listing Details

OfficeViewpoint Realty Services Inc.

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?