Lot 2008-4/5 Eddy Street, Amherst, NS B4H3L1
Amherst
Key Facts
Description
Development Opportunity Eddy Street, Amherst Excellent development opportunity in the heart of Amherst with convenient access from Eddy Street. This consolidated parcel is within walking distance of downtown amenities, shopping, restaurants, services, schools, and parks-an attractive feature for future residential development. The property previously received Town approval for a Development Agreement permitting a bare land condominium project of up to 20 units, including a mix of detached, semi-detached, and townhouse-style homes. The original concept featured a private internal road and on-site infrastructure maintained by the condominium corporation. An easement remains in place for municipal services from Brownell Avenue. The Development Agreement was later discharged at the owner's request, leaving the property free of those previous conditions and subject to the Town's current planning framework. This presents a unique opportunity to design a project tailored to today's housing market while benefiting from a site that has already demonstrated municipal support for multi-unit residential development. As an added benefit, the seller is willing to assist the successful buyer through the development approval process at a mutually agreed cost, helping streamline the path from concept to construction. Next Steps: Contact your REALTOR® for additional information, including historical planning documents and site details. All development proposals remain subject to Town of Amherst approvals. (id:31684)
Property Information
Property Type
Land
Lot Size
1.82 acres
Ownership
Freehold
Listing #
202613702
Property Features
Sewer
Affordability Calculator
$27,980
Estimated monthly payment
$745/mo
Principal $111,920 · Est. interest $156,138 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Amherst, NS
- CA$294,382
- Median Listing Price
- 48
- Median Days on Market
- 1,539
- Median Sq Ft
- CA$179
- Median Price / Sq Ft
- 150
- Active Listings
- This home’s price is 52% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Amherst, NS.
Location
Points of Interest in Amherst, NS
Showing the Amherst area map.
Nearby Schools
Spring Street Academy
School · 1.0 km away
E.B. Chandler
Secondary · 1.4 km away
West Highlands Elementary
Elementary · 1.8 km away
Amherst Regional High School
Secondary · 2.1 km away
Cumberland North Academy
School · 5.8 km away
Bridge Street Children's Academy Inc
School · 12.6 km away
Marshview Middle School
School · 13.6 km away
Salem Elementary School
Elementary · 13.9 km away
Tantramar Regional High School
Secondary · 15.0 km away
River Hebert District School
School · 20.4 km away
Springhill Elementary Schools
Elementary · 23.7 km away
Springhill High School
Secondary · 24.4 km away
Dorchester Consolidated School
School · 24.4 km away
Port Elgin Regional School
School · 25.5 km away
Northport Consolidated Elementary School
Elementary · 28.9 km away
Oxford Regional Education Centre
School · 29.0 km away
Ecole Abbey-Landry
School · 31.9 km away
Caledonia Regional High School
Secondary · 35.5 km away
Riverside Consolidated School
Elementary · 41.4 km away
Cyrus Eaton Elementary School
Elementary · 42.9 km away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 10 Bayview Drive, Amherst, NS | CA$119,000 | 3 | 1 | 706 |
| 10 Bayview Drive, Amherst, NS | CA$119,000 | 3 | 1 | 706 |
| 25 Brentwood Estates, Amherst, NS | CA$134,900 | 2 | 1 | 670 |
| 5 Birch Court, Amherst, NS | CA$134,900 | 3 | 1 | 896 |
| 5 Birch Court, Amherst, NS | CA$134,900 | 3 | 1 | 896 |
| 25 Brentwood Estates, Amherst, NS | CA$134,900 | 2 | 1 | 670 |
Moving Cost Estimate
EXIT Agents in Amherst
Listing Courtesy: Royal LePage Cumberland Realty Ltd.
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