$69,000
Lot C Highway 214
Beds
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Baths
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Sqft
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Year
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Type
Vacant Land
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Nine Mile River. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Excellent opportunity to secure a well-located lot in one of East Hants fastest growing communities. This gently sloping property is ideally situated just 5.9 km from Exit 8 off Highway 102, offering quick and convenient access to amenities in Elmsdale and Enfield, including shopping, restaurants, and recreation. Located only minutes from the Halifax Stanfield International Airport and within an easy commute to Halifax and Dartmouth, this location continues to see strong residential growth and increasing demand. Zoned R2, this property offers outstanding potential for development. Build a duplex or income-generating flats, or live in one unit while renting the other to offset your mortgage. Flexible zoning makes this an attractive option for investors and homeowners alike. Surrounded by ongoing development and with limited availability of R2-zoned land in the area, this property presents a compelling opportunity to invest in a growing corridor with long-term upside. (id:65958)
- Subtype
- Vacant Land
- Community
- Nine Mile River
- Common interest
- Freehold
- Lot size
- 0.71 acres
- Lot dimensions
- 0.7055
- On market
- Apr 15, 2026
- Status changed
- Apr 24, 2026
- Photos
- 2
- MLS#
- 202607494
- Area
- NINE_MILE_RIVER
Features and systems
Parking
Cash on cash
156.73%
Cap rate
36.21%
GRM
2.4
Break-even rent
$503
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.