22 Sylvia AvenueSpryfield, NS B3R 1J9

Description

DEVELOPMENT OPPORTUNITY WITH APPROXIMATELY 70 FEET OF ROAD FRONTAGE OR 140 FEET COMBINED WITH CIVIC #20! Zoned R-4 and situated on an approximately 10,500 sq. ft. lot, this property presents a rare opportunity for investors, developers, and builders seeking future multi-unit development potential. Existing zoning permits up to 9 residential units as-of-right, while preliminary planning analysis suggests the potential for up to 33 units through the Development Agreement process, subject to HRM approval. The existing 3-bedroom, 1.5-bath home offers immediate occupancy, rental income potential, or a holding opportunity while development options are evaluated. Conveniently located near J.L. Ilsley High School, public transit, shopping, parks, and everyday amenities, this site benefits from strong neighbourhood fundamentals and excellent accessibility. An added benefit is the opportunity to acquire the adjacent property at 20 Sylvia Avenue, creating a combined development site of approximately 21,000 sq. ft. with roughly 140 feet of road frontage. Professional planning analysis indicates the combined properties may support up to 61+ residential units through the Development Agreement process, subject to municipal approvals. A unique opportunity to secure a property with both immediate utility and long-term redevelopment potential in an area experiencing continued growth and investment. Buyers to verify all development opportunities and approvals to their satisfaction.

Property Information

Property type

Residential

Sub-type

Single Family Residence

Style

Bungalow

Year built

1959

Living area

1,782 Sq Ft

Lot size

0.24 acres

Ownership

Freehold

Zoning

R4

Days on market

94

MLS^® Listing#

202615328

Property Features

Interior

High Speed Internet

Appliances

Cooktop · Dryer · Washer · Refrigerator

Heating

Heat Pump

Flooring

Laminate · Vinyl

Basement

Partially Finished

Parking

Gravel

Patio

Deck

Lot features

Landscaped

Construction

Vinyl Siding

Foundation

Concrete Perimeter

Roof

Asphalt

Community

Park · Playground

Utilities

Cable Available · Cable Connected · Electricity Connected · Phone Connected

Sewer

Public Sewer

Water source

Public

Parcel number

40095762

Rooms

Schools

Elementary

Central Spryfield Elementary School

Middle

Cunard Junior High School

High

JL Ilsley High School

Directions

Herring Cove Road to Sylvia Avenue to Civic #22