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2 Greystone Dr 3.4 Acres of Residential Land Offered at $3,945,000 CAD in Halifax, NS B3R 1J1
Investment Highlights
- Located within Halifax's established and growing Spryfield community
- Approximately 59 metres of combined frontage along Greystone Drive
- Transit service, schools, parks and retail amenities are nearby
Executive Summary
Greystone Drive presents an opportunity to acquire approximately 3.4 acres of multi-residential development land in the established Spryfield community of Halifax. Comprised of three parcels with approximately 59 metres of combined frontage, the property could accommodate up to 263 residential units, representing an attractive per-potential-unit land basis for developers seeking scale within Halifax's constrained residential land market.
The property's location on Greystone Drive provides convenient access to Herring Cove Road, connecting residents to downtown Halifax, the Armdale Rotary, Bayers Lake, and other major destinations throughout the municipality. Halifax Transit routes 9A and 9B operate nearby, while schools, parks, recreation facilities, retail services, and community amenities are all located within the surrounding neighbourhood. Supported by continued population growth across Halifax and sustained demand for new housing, the site offers flexibility for a variety of residential development strategies within a well-established community that continues to attract residents and investment.
The property's location on Greystone Drive provides convenient access to Herring Cove Road, connecting residents to downtown Halifax, the Armdale Rotary, Bayers Lake, and other major destinations throughout the municipality. Halifax Transit routes 9A and 9B operate nearby, while schools, parks, recreation facilities, retail services, and community amenities are all located within the surrounding neighbourhood. Supported by continued population growth across Halifax and sustained demand for new housing, the site offers flexibility for a variety of residential development strategies within a well-established community that continues to attract residents and investment.
Property Facts
| Price | $3,945,000 CAD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 3.40 AC |
| Property Type | Land | ||
| Zoning | R-3 - General Residential and Low-Rise | ||
| Price | $3,945,000 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 3.40 AC |
| Zoning | R-3 - General Residential and Low-Rise |
1 Lot Available
Lot
| Price | $3,945,000 CAD | Lot Size | 3.40 AC |
| Price Per AC | $1,160,294.12 CAD |
| Price | $3,945,000 CAD |
| Price Per AC | $1,160,294.12 CAD |
| Lot Size | 3.40 AC |
3.4-acre multi-residential development opportunity in Spryfield with R-3 zoning, approximately 59 metres of frontage, and preliminary development potential of up to 263 residential units, subject to approvals.
1 1
Fairly walkable
40/100
Moderately drivable
70/100
Some public transit
40/100
Moderately bikeable
60/100
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2 Greystone Dr
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